Benefits of becoming a Donor Napanee District Community Foundation.

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Presentation transcript:

Benefits of becoming a Donor Napanee District Community Foundation

What is the Napanee District Community Foundation? Napanee District Community Foundation is a locally-run, independent public foundation created by and for the people of Lennox & Addington County. We are dedicated to improving the quality of life in Lennox & Addington County through the creation and management of funds, gifted in perpetuity, and the distribution of their earnings for charitable purposes including social services, culture, health, education, and environment.

t ne reasons people choose to give through community foundations

reasons ten People choose to give through community foundations 1 5 We accept a wide variety of assets, and can facilitate even the most complex forms of giving 4 Our Donor Advised Funds help people invest in the causes they care about most 3 We provide highly personalized service tailored to each individual’s charitable and financial interests 2 We build endowment funds that benefit the community forever and help create personal legacies We are a local organization with deep roots in the community

reasons ten People choose to give through community foundations 7 We offer maximum tax advantage 10 We are committed to supporting local initiatives that help build a healthy community 9 8 We multiply the impact of gift dollars by pooling them with other gifts and grants 6 We partner with professional advisors to create highly effective approaches to charitable giving Our volunteer board has broad expertise regarding community issues and needs

What are my options for Donations? Outright Gifts Give cash, stocks, real estate or other assets › Bequests (gifts made by will) Designate a portion of an estate › Charitable Remainder Trust Trust pays beneficiary for life and then assets transfer to community foundation › Life Insurance Donor transfers existing policy to the community foundation or assigns a new policy › Gifts in kind Artwork, private company shares etc.

Some Thoughts on Donating "The greatest use of a life is to spend it on something that will outlast it"  William James "Contentment comes when you know you've done something good for someone else, and you're not expecting anything in return.”  Bill Grosz

When a person plants a tree under which she will never sit, then you know that civilization has come to that land. Greek philosopher