Ways to Give
Whether you want to simplify your giving, focus on specific causes, provide scholarships or plan your legacy:
The Community Foundation is here to help.
We make our larger donations with appreciated stock that is easily transferred to YVCF. This saves us from capital gains taxes on the sale of this stock and lets us donate more to the charities we care about. – Eillen and Lon Allen
This is the easiest way to contribute, whether by check, credit card or actual cash. Donors who make gifts of cash are eligible for a charitable deduction in the year the gift is made. When making your contribution by check, please make your check payable to YVCF and include the fund name in the Memo. Wire or ACH transfers are also available, please call our offices at 970-879-8632 for instructions or view then online here. We can receive your donation at either address below.
PO Box 881869
Steamboat Springs, CO 80488
385 Anglers Drive, Suite B
Steamboat Springs, CO 80487
If you would like to give by credit card, please click here.
A donation can provide a charitable deduction for their fair market value. By donating appreciated securities to the Community Foundation, you can avoid capital gains taxes that might otherwise occur at the sale of the stock. To give securities click here to print our Gift Instructions document and fill out and mail the form or give us a call. Call Karen O’Connor (970-879-8632) if you are interested in mutual fund transfers or ACH (automatic checking account gifts).
To grasp a better understanding of the power of appreciated stock, consider the following example: A donor to your organization owns stock currently valued at $20,000. The stock was purchased for $15,000. If the donor sells the stock, they will have long-term capital gain income of $5,000, which they will be taxed. However, if they donate the stock to your nonprofit organization, the donor may claim a $20,000 charitable contribution deduction and avoid paying capital gains tax on the $5,000 of appreciation in the stock.
Include the Community Foundation in your will. The bequest can take the form of a specific item (such as a home), a specific amount of money, or a portion of your estate.
You can place cash or property in a trust that makes payments to you and/or a loved one for life. You receive income tax benefits the year you establish your trust. After your death, the remainder of the trust transfers to the Community Foundation and is placed into a charitable fund you have selected.
This type of gift allows you to place cash or property into a trust that makes payments to the Community Foundation for the number of years you select. Once this period ends, the assets held by the trust are transferred to the beneficiaries you name.
If you hold an IRA or other qualified retirement plan, you can name the Foundation as a beneficiary.
Designate The Community Foundation as the owner and irrevocable beneficiary of a life insurance policy, and you can enjoy an immediate tax deduction as well as deductions on future premiums.
Real estate, appreciated securities and closely held stock are all suitable gifts and may be deductible as a charitable contribution. Capital gains taxes can be avoided in most cases, and deductions can be taken immediately and carried forward for up to five years.
BANK WIRING INSTRUCTIONS
Please call 970-879-8632 for instructions.