Benefits of Giving
We
offer you, as a donor, a variety of charitable giving options that can help
you to achieve your charitable dreams.
If you answer “yes” to any of the following questions, then making a gift through your community foundation makes good sense.
Following is a summary of some of the most important benefits you will realize by giving through the Central Susquehanna Community Foundation
Permanence
As living memorials, funds at the CSCF carry out their donors’ charitable interests in perpetuity. Should a fund’s purpose become outdated by time, it will be redirected to similar purposes. All grants from a fund are made in the donor’s name.
Tax Benefits
Because the foundation is a public charity rather than a private foundation, all donations earn the maximum available tax deduction for charitable contributions. Our funds also avoid the excise taxes and other restrictions placed on private foundations.
Cost Effectiveness
Because your fund is invested along with many others, we can achieve significant economies of scale in both investment and administration. Component funds of all sizes are invested and managed together, as a family of funds. With $26 million in assets, the foundation uses the best investors in the field to manage its funds.
Flexibility
You can create a fund that carries out well-defined interests and wishes. And you can do this by donating a variety of assets – including cash, stock, closely held securities, real estate, or property. If you would like your fund to support several different charities named by you each year, we can do that. If instead you would like to support a general area of interest – such as the arts or preschool education – we can do that too. There is also the option of giving unrestricted funds, allowing the foundation to choose where the need is greatest.
Simplicity
Donors can establish their own, unique philanthropic fund while avoiding the complications of a private foundation. Most funds can be created in one brief meeting. Afterward, you retain the satisfaction of giving while the foundation takes care of all the paperwork.
Community Impact
The Central Susquehanna Community Foundation can help you to target your dollars toward projects that will meet the community’s most pressing needs and promising opportunities. Our staff and board have a breadth of knowledge of area charities and agencies and an understanding of the challenges faced in our communities. We can help you to measure the impact of your dollars through grant reviews.
Financial Planning
Future gifts set up through a will, trust, life insurance policy, or retirement assets often provide attractive savings on estate taxes and capital gains. We would be happy to work with you and your financial advisor in considering these options.