Making An Impact

Address Current & Future Community Needs

The Community Foundation of Huntington County (CFHC) welcomes and values gifts of any size to help support growing community needs and to improve the quality of life in Huntington County.

There is often a misconception that philanthropy is only for the very wealthy, when in reality nothing could be further from the truth! There are a variety of ways to make a financial gift that can help address both current and future needs in our community.

Financial gifts can also be directed to agencies and organizations of your choice, so you can directly fund causes and assist with initiatives that fuel your own philanthropic goals.

Cash Gifts

Cash gifts are often the simplest and most convenient way of contributing through the Foundation. You can easily make a contribution of any size to any existing fund by writing a check to CFHC.

Cash gifts, whether in honor or memory of a loved one or used to simply meet your own personal charitable goals, help our foundation grow and expand its support of our local community.

Cash gifts can also be made to an agency endowment or to support a charitable organization close to your heart. The choice is yours!

Appreciated Property

A gift of appreciated stocks, bonds, or real estate made to the CFHC can provide important tax benefits.

As a donor, you will receive a charitable tax deduction for the full value determined on the date of the gift, subject to a percent of income limitation, and will avoid capital gains tax.

Bequests

Gifts of cash or property through a will are easily made and are free of estate taxes. The CFHC can be named as the residuary beneficiary of an estate to make it easy to make a gift once you or a loved one have passed away.

Charitable Remainder Trusts

These trusts are arrangements between a donor, a trustee, and the CFHC. The donor transfers cash, property, or highly appreciated securities to the trust and can benefit from an immediate income tax deduction.

The donor retains the right to its income or specifies who is to receive the income and at what rate. After the death of the last income beneficiary, the CFHC receives the remaining assets to meet the donor’s wishes by supporting their charity or charities of choice.

Life Income Gifts

These gifts will provide the donor and/or a family member with an income for life. The donor also receives a charitable tax deduction, as determined by IRS regulations, and estate taxes are reduced.

A Charitable Gift Annuity is an example of this type of gift. The remainder of the income will establish the donor’s named charitable fund.

Life Insurance

A donor can name the Foundation as the owner and beneficiary of a new or previously existing life insurance policy.

The donor will receive a tax deduction based on the cost or cash value of the policy, whichever is less. Your continued premium payments on the policy are also tax deductible.