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There are many ways to give to the Cavalier Community Foundation.
Outright Gifts—This is a simple, convenient way to donate and receive the maximum tax advantage. Money, security or appreciated property may be transferred to the fund, and the donor receives a tax deduction based on the value at the time of the transfer. The donor will not be subject to capital gains tax on any appreciation.
Bequests—Donors may provide to the fund through their will. The will can provide for a stated sum, percentage, or for the residue and remainder of the estate, real or personal.
Deferred Gifts—Gifts made in this manner can pay a lifetime income to the donor or his/her designee. Upon death, the remainder of the gift becomes the property of the Cavalier Community Foundation.
Life Insurance—By naming the fund as the irrevocable beneficiary of a life insurance policy, donors are entitled to an immediate tax deduction in the amount of the cash value of the policy. Premiums paid thereafter are deductible from income tax.
Memorials—Gifts honors individuals are an appropriate way of indicating one’s care and concern. |
Types of Gifts |
