Ways to Give
Philanthropy has power. It builds and sustains a healthy and vital society. It connects friends, families, and neighbors. And it brings us all together for a shared purpose.
YVCF can process simple or complicated gifts to help you achieve your philanthropic goals. We accept a variety of assets, including cash, stock, and other appreciated assets. Our team is here to discuss giving options with you (970-879-8632). Donors and prospective donors should always consult their advisors in considering a donation.
Options for Giving
Cash / Check / Credit Card
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 line.
Mail or drop off a check:
Yampa Valley Community Foundation
348 Oak Street
Steamboat Springs, CO 80487
If you would like to give by credit card, please click here.
Bank Wiring
Please call 970-879-8632 for Bank Wiring Instructions.
Publicly-traded stocks and mutual funds
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.
Retirement asset/IRA
If you hold an IRA or other qualified retirement plan, you can name the Foundation as a beneficiary.
If you are over 70 1/2 years old and taking a Required Minimum Distribution from your IRA and would like to explore a Qualified Charitable Distribution (QCD) to potentially minimize the tax implication and/or maximize your charitable giving, the Foundation can assist you by:
- working with you to personalize your giving and help you meet your charitable goals
- being the qualified charitable entity for your distribution
- distributing your QCD to one or more nonprofit organizations within the given year
Email or call us at 970-879-8632 to set up an introductory meeting and learn more.
Charitable Remainder Trust
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.
Charitable Lead Trust
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.
Life insurance policy
Designate the 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.
Appreciated property
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.
“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.”
– Eileen and Lon Allen