CHARITABLE GIVING OPTIONS

Our roots began in 1953 when William Koehl donated his farmland to the United Church of Christ with the express wish that it be used to serve the elderly. Just like Koehl, other contributors believed in the value of giving and wished to leave a legacy for future generations. In 1979, the Cedar Community Foundation was established to help ensure our mission continues for future generations.


The Foundation is fortunate to receive financial support from generous individuals, corporations, foundations and charitable trusts. There are many ways you can join them in helping Cedar Community meet the spiritual, physical, social, emotional and financial needs of those we serve:

It's easy to make a gift to the Cedar Community Foundation. We are deeply honored and grateful for all gifts received.

GIFTS NOW…
The simplest way to make a gift is by donating cash. You can write and mail a check to the Cedar Community Foundation, 113 Cedar Ridge Drive, West Bend, WI 53095, or click below.

DONATE NOW

GIFTS OF STOCKS:

If you hold appreciated securities, such as stocks, giving them to charity may be a desirable option. Donors who itemize may be able to receive a deduction for the full fair market value of outright gifts of appreciated stocks or property for up to 30% of adjusted gross income. If the gift’s value goes beyond that level, you may be able to carry the deduction over for up to five years. Because the profit or appreciation element of long-term property presently is not directly taxed, your gifting “cost” is even further reduced. To qualify, assets must now be owned for 18 months, up from the previous 12 months. If you have to pay the capital gains tax, the maximum rate is currently 20%.

TO MAKE A GIFT OF STOCK: Determine the specific stock(s) and the best date to donate. If your bank or broker holds the stock, contact them and ask that the stock(s) be electronically transferred to our Cedar Community Foundation account. For the account information: Have your bank or broker contact Amy Johnson at (262)343-0942. Please notify Amy Johnson of your gift prior to the transfer of the stocks to provide your name, address, and donation details. This will allow us to properly record your donation and provide you an acknowledgement for tax purposes.

GIVING STOCK IN YOUR POSSESSION. There are several ways to give stock in your name and possession. One way is to use a stock power and third party release form. These are available from the Cedar Community Foundation, your bank, or broker. They can also help you to find the way most convenient for you to give stocks in your possession.


USING YOUR IRA TO MAKE A GIFT:

The Pension Protection Act (H.R. 4) signed into law in August 2006 allows donors of at least 70 ½ years in age to make gifts directly to charity from their IRAs without suffering tax consequences. This law has been extended several times and donors may gift up to $100,000 from their IRAs through December, 2015 if Congress approves. If approved by Dec. 31, 2015, the money you donate directly from your IRA may be counted toward your required minimum distribution. The money transferred directly from the IRA to the charity will not be considered income (and thus, not taxed) for income tax purposes. Remember that since the distribution is not considered taxable income, you will not be able to count it as a charitable deduction.


CHARITABLE PLANNED GIVING OPPORTUNITIES:

YOUR WILL. Without a will, the state will, in effect, write one for you in an impersonal manner following state laws. You will have court-appointed guardians for minors and perhaps a personal representative you never met. There will be no consideration for special family needs and no gifts to your favorite charities. Even if you and your spouse own everything jointly, a will is needed in case of simultaneous death.

A will can save unnecessary expense and may provide tax savings, thereby enhancing the property you wish to pass on. Whatever the size of your estate, you have the right and opportunity to have a will so your wishes are respected. Please do not put it off. Contact your personal advisor and have a will prepared. Please consider naming the Cedar Community Foundation, Inc. as a beneficiary. The formal legal name of our foundation is the "Cedar Community Foundation, Inc."

You have several options when making a gift in your will; you may give a specific dollar amount, a percentage of your estate, or the residue (what is left after debts and bequests are satisfied). If you have made a gift in your will to the Cedar Community Foundation, please let us know.

INCLUDING CEDAR COMMUNITY AS THE BENEFICIARY OF LIFE INSURANCE, ETC. Many do not realize how convenient a gift of life insurance can be. Your needs change as life goes on. Children become self-sufficient, and investments may provide unexpected income and security. As a result, some life insurance may no longer be needed for the reason it was purchased. One simple way to make a significant impact on the future of those served by Cedar Community is to name the foundation as the beneficiary of a new or existing life insurance policy.

Another way to help the mission of Cedar Community is to designate the Cedar Community Foundation as the beneficiary of retirement plans, such as IRAs, 401(k)s and other pension accounts.


INTERESTED IN A CHARITABLE GIFT ANNUITY? A Charitable Gift Annuity is a gift vehicle that falls in the category of planned giving. At Cedar Community it means that you will become a Legacy League member. A gift annuity is a contract between a donor and a charity, whereby the donor transfers cash or property to the charity in exchange for a partial tax deduction and a lifetime stream of annual income from the charity. When the donor dies, the charity keeps the remainder of the gift. The amount of the income stream is determined by many factors including the donor's age and the policy of the charity. A charitable gift annuity is a contract (not a "trust"), under which a charity, in return for a transfer of cash, marketable securities or other assets, agrees to pay a fixed amount of money to one or two individuals, for their lifetime. The payments are fixed and unchanged for the term of the contract. A portion of the payments are considered to be a tax-free return of the donor's gift, which are spread in equal payments over the life expectancy of the annuitant(s).

When you gift using one or more of the vehicles listed above under Charitable Planned Giving Opportunities, you become a member of our Legacy League. As a member you can remain anonymous or choose to be listed on our special recognition plaques and in our donor publications as a member of our Legacy League. Either way, you will be invited to the annual Legacy League dinner and other special events. Your gift will stand as a testimony and example for others.


For information on planned giving, Benefit Gala sponsorship, memorial giving, annual campaigns or other foundation services, please email or call our director of philanthropy, Amy Johnson, at ajohnson@cedarcommunity.org or call at: 262.338.2819.

** The preceding information is not intended as legal or tax advice. Please consult your advisors.