Planned Giving | Gifts of Stock | Gifts of Real Estate
The Maine Community Foundation accepts a wide variety of assets. Ways to give include:
Cash
The simplest gift is often cash or a check.
We also accept gifts made by credit card Online or please call our Ellsworth office at 1-877-700-6800.
Appreciated Securities and Closely Held Stock
A gift of appreciated stock receives an income tax deduction equal to its current market value. There is no capital gain tax when stock is transferred. Please click here for further information on how to make a gift of stock.
Bequests
One of the simplest ways to make a planned gift is to include a statement in your will that a share of your estate will be distributed to the Maine Community Foundation for the purpose that you name. See Planned Giving for more information.
Real Estate or Personal Property
A gift of real estate can provide the perfect opportunity to make a substantial gift. Gifts of valuable items like jewelry, antiques, or art can also create charitable legacies and lifetime income. Donors have an option to continue to live in their homes through a Life Estate arrangement.
Life Insurance
A donor can deduct insurance premiums by assigning a life insurance policy to the Maine Community Foundation as owner and beneficiary. When the policy is redeemed, a permanent fund is created to support the donor’s charitable goals.
Assets of a Private Foundation
Family or other private foundations can retain all the essential prerogatives of their private foundation while being relieved of regulatory, administrative and excise tax burdens by using a donor advised fund or creating a supporting organization of the Maine Community Foundation.
IRA’s & Other Retirement Funds
Lessen the impact of income, estate and generation-skipping taxes on a family’s inheritance by naming the Community Foundation as the beneficiary, thereby removing the asset from the donor’s taxable estate.
A Gift from Your Business
Corporate giving and annual charitable projects can be administered through the Maine Community Foundation, which provides professional fund management and a positive profile for the company at low cost.