Home

Giving

Grants

Scholarships

About Us

Women of Inspiration

Fund Choices That Suit You

You can establish a fund in your own name or in the name of someone you want to honor. Almost any charitable purpose can be served through a variety of funds. Most funds are managed as perpetual endowments which means that only the net incomeóno principalóis regularly disbursed. Other funds disburse principal at the suggestion of the fund's advisors.

There are four types of funds the Community Foundation administers.

  • Unrestricted Funds provide money which is awarded in grants by the Foundation's Board of Directors. It is a flexible way to meet a broad range of community needs as determined by the Foundation.

  • Field of Interest Funds are tied to a general area of interest and not to a specific organization. Donor suggestions and other criteria are used to choose grant recipients.

  • Donor Advised Funds allow you or your representatives to suggest what charitable cause should receive money. The recipients of donor advised funds can represent the individual donor's interest in that they are not restricted to a specific geographic area. However, by law, the Board of the Foundation must make the final choice.

  • Designated Funds allow donors to designate at the time of the gift which named charity, agency or specific project will benefit from the gift.

Please remember that gifts of all sizes are encouraged. You can make your own meaningful contribution by joining others in contributing to any of the Foundation's funds.

A named fund in any area may require a minimum dollar amount. Please inquire for details.

How to Make Your Gift

To make a contribution, call the Community Foundation of Southwest Kansas or talk with your lawyer or financial advisor for additional information. You can make a contribution through the Community Foundation with:

  • Outright Gifts are a simple, convenient way to donate and receive maximum tax advantages. Money, securities, personal property or real property are the usual gifts.

  • Bequests of cash or property through a will are usually deductible for federal and state tax purposes. The Foundation can also be named as the residuary beneficiary of a donor's estate, or be named in a charitable remainder trust created by the will.

  • Life Insurance with the Foundation as the irrevocable beneficiary of the policy allows donors an immediate tax deduction in the amount of the cash value of the policy. Insurance premiums paid thereafter by the donor are deductible as charitable gifts.

  • Memorials made in memory of a deceased person or in honor of living persons are generous testimonials. Creation of a memorial fund with the Community Foundation of Southwest Kansas also can be a means of achieving permanent immortalization.

  • Charitable Lead Trusts name the Foundation as the beneficiary of income from a trust for a specific number of years. The corpus, or bulk of the trust eventually goes to their named beneficiaries, such as children or grandchildren.

  • Charitable Remainder Trusts enable the donors to provide a lifetime income to themselves or a beneficiaries and leave the remainder of the estate to the Foundation.

Tax Advantages of Foundation Gifts

Designated as a public charity under the Internal Revenue Code, the Community Foundation of Southwest Kansas provides valuable tax advantages. The Foundation can provide the information to potential donors and their advisors about the options available to suit their planning needs.


208 W.Wyatt Earp Blvd, Ste 200 - P.O. Box 1313
Dodge City, Kansas 67801-1313
Phone: 620-225-0959 - Fax: 620-225-4946
E-mail


                                                            Copyright 2017 - Community Foundation of Southwest Kansas - all rights reserved