Central Pennsylvania Community Foundation has a variety of meaningful gifting options, whether you give during your lifetime or whether you give through a planned gift to create a new fund, give to an existing fund, or to help with CPCF’s administrative costs.
Cash gifts qualify for the maximum tax benefits. They are deductible up to 50% of your adjusted gross income and any excess may be deducted over the next five years.
Stocks And Bonds
You receive a deduction equal to the securities current market value and you can avoid capital gains tax on long-term appreciation. These are deductible up to 30% of your adjusted gross income and any excess may be deducted over the next five years.
You can name CPCF as the beneficiary of an existing policy or purchase a new policy, which provides you the opportunity to create a much larger fund than you otherwise could. The premiums then are deductible.
Often a persons largest asset, you can give all or part to CPCF. As with any major gift, you should consult your accountant about tax planning.