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Philanthropy means a lot more than sending a
check. It ensures your continuing
support for causes you care about, in perpetuity. It gives your children the opportunity to
carry on a family giving legacy. And,
combined with careful estate planning, it ensures that your personal resources
are put to use in ways that accomplish both your financial and charitable
goals.
Growing numbers of professional advisors--attorneys,
estate planners, CPAs and financial advisors--use the Community Foundation to
help their clients create their personal philanthropic legacy. Because the Chester County Community
Foundation is classified by the IRS as a 501(c)( 3 ) charitable
organization, gifts are tax-deductible to the maximum extent allowed by law. As a public charity, the Foundation pays no
excise tax and is free of many administrative costs and restrictions placed on
private foundations.
Gifts to the Community Foundation can be made at any
time throughout the donor’s life to provide funds for current community needs
and perpetuity. By establishing a fund
with the Community Foundation, you receive:
- Permanence: Your gift
to the community is given in perpetuity.
The Community Foundation’s trusteeship ensures that your
contribution will continually meet needs relevant to your interests.
- Commemoration: Your
name or the name of a loved one can live on through your fund. If you prefer, you may choose a name
that reflects your fund’s charitable purpose.
- Stewardship: The
Foundation’s Board of Directors, with guidance from its Investment
Committee, staff, and outside investment counsel, closely monitors the
performance of professional investment managers. The Foundation makes a full accounting
to the community through its annual report, audit, and IRS Form 990. Investment policies are available upon
request.
- Grantmaking Expertise: The
Community Foundation is an expert on Chester
County needs and opportunities and can assist you in identifying
charitable organizations and programs that address your particular
interests.
Lifetime Gifts
Your charitable interests can be supported during your
lifetime—and in perpetuity—through your gift.
You will have the satisfaction of seeing your generosity at work, and
you can work with the Foundation to carry out your charitable objectives.
Future Gifts
The Community Foundation can work with you to
articulate your wishes for a gift that would come to us after your
lifetime. We accept most planned giving
vehicles, including bequests, retirement fund assets and life insurance. If you decide to leave a planned gift to the
Community Foundation, please let us know.
We want to make sure we have your wishes on record to properly carry out
those wishes after your lifetime.
The Foundation staff and board members readily make
themselves available to meet with potential donors and/or their advisors
throughout Chester County. The Chester
County Community Foundation is a public charity that provides services to grow
philanthropy in Chester
County. The
Foundation does not market products nor engage in any sales activity. All meetings are confidential and
informational in nature. To schedule an
appointment, please contact the Foundation at (610) 696-8045 or e-mail
Beth@chescocf.org.
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