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Giving
The Springfield Foundation can help you develop a simple and highly personal approach to giving. By working with us, you can:
» Easily and effectively support the groups and issues you care about, in Clark County or anywhere in the world
» Develop a giving strategy that meets your particular needs.
» Give a wide variety of assets.
» Give now, or give later as part of your estate plan.
» Benefit from the most favorable tax deductions available under IRS regulations.
» Eliminate the many administrative chores and expenses associated with a private or family foundation.
» Benefit from the expertise of our staff.
» Make grant recommendations by phone or fax.
» Name your fund as you choose, or remain anonymous if you prefer.
Tax Advantages of Giving through the Springfield Foundation
The Springfield Foundation is a public charity. As classified under Section 501(c)(3) of the IRS code, all contributions to a community foundation are fully tax-deductible in accordance with the law and all applicable rules and regulations. What this means to you is that:
» You can deduct the optimal value of your gift for tax purposes in a specific and/or particularly advantageous year, yet provide for the distribution of your donations over a course of time.
» You (and your heirs) can avoid punitive estate taxes on gifts made to the community foundation.
» With a gift of appreciated stock to the foundation, you can avoid costly capital gains taxes while realizing the maximum tax-deductibility of your donation.
Compared to many other charitable giving options, and specifically compared to a private foundation, the rules and regulations governing the Springfield Foundation are much less onerous.
To learn more about how to establish a fund at the Springfield Foundation, please contact
, Development Officer, at (937) 324-8773.
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