We offer a wide range of gifting options and vehicles that you can use to establish or add to a named charitable fund. Since we are recognized by the Internal Revenue Service as a public charity, donors are provided with the maximum tax benefits allowed by law. Once your fund is established you can add to it at any time and in any dollar amount.
Read more about some of the flexible giving options you can select for your charitable giving. Our staff is eager to talk with you and your financial advisor about these opportunities in person. If you have questions about becoming a donor that have not been answered in this section, please click here to
Contact Us. for more information.
Giving to our unrestricted endowment. This is our general fund. Each year, we spend the earnings from this fund to award grants to non-profit organizations that serve Jackson County. There are many, many more needs than we can meet with our current funding. Your gift would help us meet community needs for years to come.
Creating a field of interest fund. You tell us what you want to fund, whether it’s programs for children, libraries, the arts or education. We would hold your money as a fund, spending only the proceeds each year, and award grants based on your charitable ambitions. Your money would live on forever, giving out grants every year.
Creating a fund that gives to select organizations. You can deposit money with us that funds an annual grant to the same non-profit organization in perpetuity, whether it’s your church, a school or social service organization. We’ll grow the funds and make the grant for you, every year, forever.
Creating a scholarship fund. We have dozens of scholarship funds for students. One special need we’d love to see answered in Jackson County is a scholarship fund for non-traditional students. These are the students who are adults, maybe have a family, and probably need encouragement the most. Consider this option when you are planning for the future.
Making a gift annuity. We hold the money for you and pay you an annual or quarterly dividend. Upon your death, we disperse the money to the charity you’ve designated.
Creating a Planned Gift. The most common types of planned gifts are bequest through your will or trust, IRA or 401K beneficiary designation, life insurance policy ownership and beneficiary designation, and Charitable Trusts (life income arrangements). We recommend that you discuss these options with your family and with your attorney, accountant, insurance agent or financial planner as may be appropriate. You may also contact the Foundation office to discuss the various ways to leave your legacy through the Community Foundation.
Types of Gifts
Cash
Funds can be started or established with cash gifts.
Securities
Gifts of stocks and securities can be processed easily with help from staff at the Community Foundation of Jackson County. Gifts of Stock 
lays out instructions for making gifts.
Real Estate and Personal Property
Gifts of real estate may include homes, condominiums, apartments, undeveloped land, farmland and rental property.
Bequests
Remembering the community in one's will can be an important way to reduce estate taxes. A donor may leave a share of an estate or a specific dollar amount.
Life Insurance Policy
A donor assigns the policy and beneficiary rights to the Community Foundation. The charitable tax deduction will be for the present cash value of the policy. If the donor continues to pay annual premiums, these, too, are tax deductible.
Charitable Remainder Trust
A donor places assets in trust and receives income for life or designates a spouse, children or other to receive the income. The donor receives a charitable deduction, avoids capital gains tax and removes the asset from his or her taxable estate. The asset eventually passes to a named fund of the Community Foundation of Jackson County.
Charitable Lead Trust
This trust pays income to the Community Foundation of Jackson County for a specific number of years. Then the principal is given to designated beneficiaries. This removes assets from a donor's estate and gifts the assets to heirs. The donor pays no income or capital gains taxes on this asset during the period of control by the Community Foundation.
Life Estate
A donor may contribute a home or farm but retain the right to live in it for life. After the lifetime, the property's value will be used to establish a fund with the Community Foundation of Jackson County. The donor receives an income tax deduction, avoids capital gains tax and exempts the property from estate taxes.
Trust Fund
If the donor is the beneficiary of a trust that pays a regular income, a portion of this income may be assigned to the Community Foundation of Jackson County. The donor pays no further tax on this income and may take an income tax deduction for the value of the assignment.
Individual Retirement Account
The IRA that helps a donor and spouse face retirement years will be reduced greatly by income and estate taxes before it reaches their heirs. By naming the Community Foundation of Jackson County as the contingent plan beneficiary, all of the assets will be used to benefit the community.
