The Community Foundation of West Chester/Liberty provides a variety of charitable giving options to help donors achieve their charitable goals. Whether you are looking to create a new fund or give to an existing fund, the Foundation can customize options based on individual needs and interests. Most charitable gifts qualify for maximum tax advantage in the year the gift is made. See Ways to Give.
Leave a Legacy
The Top 10 Things to do to LEAVE A LEGACY®
- Prepare a will - Only 50% of those who pass away have one. Without a will, you lose control of the possessions and wealth you worked a lifetime to acquire.
- Leave a gift in your will for the charitable organizations that made a difference in your life. Less than 3% of all wills settled contain a charitable provision. Imagine the positive impact on our community if everyone made a donation to a favorite non-profit, even a modest gift.
- Leave a specific dollar amount or percentage of the assets in your will to your favorite charity. The provision can be part of a new will or added to your existing will with a simple amendment, called a codicil.
- Consider using assets for your charitable gift. These include, but are not limited to, cash, stocks, mutual funds, term deposits, real estate, vehicles, art, jewelry or insurance. Such gifts may even provide tax savings to you and your family.
- Name your favorite charity as the beneficiary of your IRA, retirement plan or pension plan.
- Purchase a new life insurance policy naming your favorite charity as the beneficiary.
- Name your favorite charity as the beneficiary of an existing life insurance policy.
- Remember deceased loved ones with memorial gifts to charities.
- Encourage family and friends to leave gifts to charities in their wills.
- Ask your financial or estate planning advisor to include charitable giving as part of their counsel to clients.
To leave your legacy gift through the Foundation, contact the Community Foundation office today. Through the Foundation, your favorite charity can benefit and continue to meet the needs of the community for many years to come.