Central Carolina Community Foundation accepts a wide range of assets to establish or grow your charitable fund, each offering unique financial and tax benefits. With flexible options and guidance from our team and your financial advisor, you can create a philanthropic plan that aligns with your goals and maximizes your impact.
Each asset type offers unique financial and tax benefits. Contact our team to discuss which approach is right for your philanthropic goals.
A cash gift — which can be made using a check or credit card — is the simplest way of making a charitable contribution. Cash gifts are fully deductible for federal income tax purposes.
Gifts of appreciated securities held for more than one year may allow you to avoid capital gains tax while receiving a charitable deduction for the full fair market value.
Charitable contributions of retirement plan assets, including IRA Qualified Charitable Distributions, may allow you to reduce or eliminate income and some taxes while simultaneously providing for the causes that mean the most to you.
Including Central Carolina Community Foundation in your will or trust is a simple way to create a lasting charitable legacy. You may designate a specific amount, percentage, or remainder of your estate to support the purpose you choose.
You can name Central Carolina Community Foundation as the owner and beneficiary of a policy, or retain ownership and name the Foundation as a primary or contingent beneficiary.
A private foundation may transfer all or a portion of its assets to Central Carolina Community Foundation. Converting can simplify administration and expand philanthropic flexibility. Our team is happy to discuss these options with you.
By giving real estate you own, you can unlock the full appraised value of the property and gain significant tax and economic advantages.
Contributing shares of stock you hold in a privately owned business to Central Carolina Community Foundation may allow you to receive a deduction for the appraised market value.
If you are planning the sale of a business, charitable planning in advance of the transaction can help you support causes you care about in a meaningful way. Our team can work alongside you and your advisors to explore options that align with your financial and philanthropic goals.
Gifts of personal property such as jewelry, art, antiques, or vehicles may be donated to Central Carolina Community Foundation on a case-by-case basis to establish your charitable fund.
Your Advancement Team is here to help! Call Mimi Slade, Vice President of Advancement, at 803-978-7828 or email her today.
This information is provided for general educational purposes only and is not intended as legal, tax, or financial advice. We encourage you to consult with your professional advisors to determine the best approach for your individual circumstances.