Donors
Becoming a Donor
Establish your own named charitable fund or contribute to one of 80 donor funds already established at the Community Foundation and help strengthen Essex County communities.
The Essex County Community Foundation is here to help with all aspects of your charitable giving, including getting started as a community foundation donor.
Becoming a donor of the Essex County Community Foundation offers an easy way for you to accomplish your charitable goals. As our partner in giving, you will receive the simplicity and tax advantages of a public charity combined with the personal service, ease, and flexibility of a private foundation.
There are three broad ways you can begin to think about creating a charitable gift. The one you choose will depend on your personal as well as philanthropic goals.
- A current gift given outright. For example, a gift of cash or long-term appreciated securities. This method of giving provides a wonderful gift to The Essex County Community Foundation and maximum charitable income tax deduction benefits to you. Link to Ways to Give
- A life-income gift. For example, a gift of cash, long-term appreciated securities or real estate, but you retain the right to receive income from the donation for your lifetime and the lifetime of your spouse. This method of giving provides a wonderful gift to the Essex County Community Foundation and a significant income to you, with reduced income tax deduction benefits. Link to Ways to Give
- A bequest, which is really a gift that comes to us after your lifetime. This method of giving provides ultimate flexibility for you, a wonderful gift for the Essex County Community Foundation, but with no income or tax advantages during your lifetime. Link to Ways to Give
An important decision to make is do you want to create a gift during your lifetime or after your lifetime?
Once you have thought about these issues, you can begin to peruse the wide range of giving options and vehicles to establish a charitable fund that meets your personal as well as philanthropic goals.
If you have any additional questions about becoming a donor please contact ECCF.
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