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the valley -> donors -> vehicles for giving
The Valley Community Foundation accepts cash, real estate, securities or other assets, gifts by will, retirement plan assets, insurance, income interest, remainder interest, or bargain sale gifts.

For more information about which giving vehicle is right for you, contact Jamie Cohen, president, at jcohen@valleyfoundation.org or (203) 225.0880.

Planned Giving

With a planned gift, you can continue to impact your community for generations. Planned gifts can be made in a variety of ways, as shown below. The Valley Community Foundation can provide assistance in creating the one that’s right for you and your family.

Charitable Remainder Trust
A charitable remainder trust allows a donor to make a gift to their community, without loss of income, and while still receiving the current income tax deduction allowed for a future gift. The gift’s value is based on current market value, without triggering a taxable capital gain and offers an income at a desired percentage without regard to current investment return.

Charitable Lead Trust
With a loan of assets, the assets transferred to the trust are eventually returned to the donor or, more typically, the donor’s children. Income is paid to The Foundation annually while the assets are in the trust. Such trusts can be created during a lifetime or at death, with significant savings in gift or estate taxes possible because of the “temporary” gift to the Valley Community Foundation.

Charitable Gift Annuity
A gift annuity is a life annuity for one or two lives, issued by the Valley Community Foundation in exchange for gift property, with the Foundation guaranteeing the annuity payment to the annuitant(s). The donor receives a charitable tax deduction for the value of the remainder gift, the basis is recovered tax-free over the donor’s lifetime, and the Foundation receives the capital gift when income needs end.

Insurance
Life insurance makes it possible for virtually everyone to make a meaningful gift to their community. Policies that were never used for their original purpose can make excellent gifts when given to the Valley Community Foundation and the donor can deduct the replacement value of the policy. A donor can also make a larger gift than he or she thought possible by naming the Valley Community Foundation as owner and beneficiary of a new life insurance policy.

Retirement Assets
Retirement assets are one of the best assets to transfer as a charitable contribution because they produce taxable income. Heirs do not pay income tax on most assets they receive from a decedent. If you plan on making a charitable contribution, it is usually better to transfer an asset that is subject to income tax to a tax-exempt organization, such as the Valley Community Foundation, and leave the assets not subject to an income tax to your heirs.

Bequest by Will
One of the simplest ways to provide for your community is to establish or add to a fund through a bequest in your will. To help you accomplish this, the Valley Community Foundation can provide your attorney with simple language. We can also talk with your lawyer or financial advisor about the many options available to meet your charitable objectives and provide for your love ones.