For Donors

Planning Your Philanthropic Gift

The decision to make a significant donation should not be rushed. Decisions include those concerning the types of assets to donate, how to make the donation, whether you want to start a new fund or add to existing funds, and how much recognition you and your family desire. Please take time to think about what matters to you, then contact us about making your donation. To help you get started in your decision-making process, some of the choices you have are discussed below.

Join our Cornerstone Club, donors who annually make a donation of $1,000 or more to our Cornerstone Fund, which supports the operation of the foundation.
https://spccf.fcsuite.com/erp/donate/create?funit_id=1004

Looking at mandatory disbursements from an IRA? Make the donation to PCF, and tell us where you want this to be directed. Use our Partners in Philanthropy Fund for maximum flexibility. You can direct this donation to different organizations from year to year.
https://spccf.fcsuite.com/erp/donate/create?funit_id=1007

Contribute a variety of assets: cash, stocks, bonds, retirement accounts, or other assets. Select a donation method that meets your financial and charitable goals: via will, trust, or annual or monthly recurring donations. Contribute to existing funds or start new funds.

Establish a donor-advised fund if you and your family want to stay involved in directing grants. There are several types of donor-advised funds, including unrestricted funds you direct yourself, field-of-interest funds, designated funds for specific organizations, and educational funds for scholarships. Select your preferred level of recognition as a donor. You may create a personal legacy by naming a fund established by you, give under your name, or give anonymously.

Your donation will help you realize personal and financial benefits. You are making a tangible and important contribution to your community, while qualifying for maximum tax advantage under federal law.

We will invest your gift wisely. We consider safety first, using prudent person investment guidelines, and level of return second.

We monitor community needs in all areas, including the arts, economic development, education, environment, health care, and human services.

We send out your grants for you: Your philanthropy goals and community needs are met via grants made from your fund or donation.

We provide feedback: We inform you of investment performance and grant awards.

We handle the details: PCF does all of the administration of funds and grants.

We offer a range of options toward building long term endowments for organizations, activities or causes close to your heart.

The choices vary from endowing specific organizations, to community activities or interest areas you support. Please think about your preferences, and talk to us to start a conversation.

If you plan a significant donation that is intended as an endowment, in which the income will be used by one or more organizations, and the endowment will be managed in perpetuity, contact us.

Endowments are long term investments in a community, and community foundations are designed to manage these gifts.

If you plan bequests to endow several organizations, talk to us. Several organizations have funds with us, it may be appropriate to endow these or add to existing endowments.

Community foundations are intended to manage endowments over several areas of interest. If you plan a donation to an endowment fund we already manage, talk to us about adding to that fund.

You may wish to set up a new fund to support a nonprofit effort or an area of personal interest. Community foundations manage endowed funds to benefit nonprofit organizations, specific interests (art, music, sports, health, children, recreation, education, etc.), institutions (schools, hospitals) and agencies (public health, parks, etc.).

PCF accepts donations to support our ongoing operations, but we do not compete with other nonprofits for those donations. Typically, a donation made to PCF is to a specific fund.

Community foundations also manage funds for capital campaigns, particularly if there is a financial goal for a specific purpose, and the time frame for acquisition or project completion is more than three to five years out.

Cash

Investment instruments (e.g. stocks and bonds)

RMDs—required minimum distributions from retirement accounts.

Proceeds of a sale of real or personal property

Bequests

Beneficiary

Donations for Tax Planning: We accept donations for tax planning purposes, as allowed
by law. Please consult with your tax planning professional prior to making any gift that
will be applied to your income taxes.

Used vehicles, including cars, trucks, motor homes and boats, through Cars
https://careasy.org/nonprofit/pacific-community-foundation

If there is no fund in your area of interest, you may choose to start a new fund.

PCF establishes endowed donor-advised funds with a minimum of $5,000. Once a fund is established, additional amounts can be donated to the fund to help it grow.

Grants from the new fund begin when the fund balance is large enough to generate sufficient income so that annual withdrawals of an appropriate size can be made. For example, a fund balance of $25,000 typically generates $1,000 in income per year.

Contact us if you are interested in starting your own donor-advised fund.

To help you ensure that both your purpose and intent are clear for a bequest or a beneficiary designation, please contact us to talk about your intentions. We can help you clarify and focus on your intent, and provide a broad view of community needs and areas of interest to ensure your donation is fully utilized for generations to come.

To add PCF to your will as a bequest, talk to your lawyer. Bequest language should include a statement about your purpose.

Wills should be reviewed and updated every five to seven years.

Beneficiaries can be assigned for investment accounts, retirement accounts, and insurance accounts at any time. Forms are available online from these companies, and are straightforward to complete and return.

You may change your beneficiaries at any time by resubmitting new forms.

As with wills, beneficiaries should be reviewed on each account every five to seven years.

Please talk to us ahead of time about your areas of interest and your purpose in making these designations, so that we can ensure your legacy is fulfilled.

An organizational endowed fund provides a donor the opportunity to provide long-term financial support to organizations of personal importance.

An endowed fund distributes the income generated from investments. Its principal will never be distributed. A typical distribution rate from an endowed fund is 4% per year, and depends on general economic conditions.

An endowed fund is likely to remain permanent so long as principal is never invaded, and as long as the distribution rate reflects the long-term growth patterns of the fund’s investments.

Contact us if you are interested in adding to an existing endowed fund or helping to start a new endowed fund to support one or more nonprofits in our community.

Designated funds make grants to local organizations in specific areas of interest or for specific purposes to assist those organizations.

Each year, it is the duty of the board to ensure these grants are distributed to organizations based on the intentions of the donor. Organizations are not specified, but areas of interest are specified for these funds. This way, arts and music programs, for example, continue to benefit these areas even when specific organizations come and go.

Examples include: Children’s health, low-income housing, food support programs, wildlife education, and recreation.

These are just a few examples. The full list for potential area of interest funds is much longer and covers many aspects of community life.

A Donor-Advised fund is a personal approach to giving. Donors recommend distributions to specific nonprofit organizations. Our accounting platform lets you do this digitally as a fund manager.

Donor-advised funds are especially suited to donors with a variety of charitable interests and an interest in staying involved with philanthropy. They are an attractive alternative to establishing a private foundation, which is more costly to set up and operate.

Other fund options include:

Capacity-building or renewing gifts for specific programs, such as local animal shelters, afterschool programs, libraries, museums, summer science programs, and more.

Short-term/capital gifts in which the capital is raised and held for a few years, and spent on specific projects, such as a new visitors center with adjacent trails and signage at the refuge.

Private named funds that make grants to local, regional and national organizations at the direction of the donor. These funds are not listed on our public list.

See our current list of public funds at https://spccf.fcsuite.com/erp/donate/list

The gift of your time can be a very important investment to any nonprofit organization. If you have available hours, important skills, and an interest in helping your community improve and grow over the long term, consider a donation of your time to us as an occasional volunteer, serve on a committee that matches your interest, skills and experience, or make a commitment to be a board member. We are pleased to talk to you about any and all of these activities.

Volunteer choices include:

  • Board Membership
  • Committees
  • Advisor’s Circle
  • Office support
  • Event support

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