Donor Giving > Ways to Give
VCCF is authorized to accept gifts of all kinds. You are encouraged to use the full "menu" of giving vehicles to realize your philanthropic goals. You may establish and make additions to your Fund using both current and deferred gifts.
Appreciated Property - publicly traded stock, closely held stock, real estate.
Private Foundation Assets - Your existing private foundation may also be converted into your donor advised fund or supporting organization within VCCF. This enables you to retain the name and purpose of the private foundation while alleviating the administrative and compliance functions.
Deferred (Planned) Gifts
Bequest - A bequest to VCCF is as simple as adding a codicil to your will. This is the most common planned gift and it may provide you with valuable estate tax savings. The following language would be appropriate for a bequest:
"I give and bequeath__________(percentage or stated dollar amount) of my estate (as that term is defined in the federal estate tax laws) to (your Fund's name) of The Ventura County Community Foundation subject to its governing instruments, policies and procedures, as amended from time to time. I request the Ventura County Community Foundation to use so much of the eligible earnings of the property for __________________(Greatest needs, field of interest i.e., educational, medical, youth, art, scholarships etc.; or for specified charitable organizations.)"
Life Insurance - One of the simplest ways to make a significant contribution is to give a life insurance policy to the Ventura County Community Foundation for your Fund. You may give a policy no longer needed, take out a new policy or name VCCF as a beneficiary of an existing policy and receive valuable income and estate tax savings.
Charitable Remainder Trust - A Charitable Remainder Trust (CRT) allows you to establish a trust for the ultimate benefit of your Fund while retaining the income generated by the assets given. A CRT may eliminate capital gains taxes, reduce or eliminate estate taxes, improve lifetime cash flow, and may provide for heirs as well.
Charitable Gift Annuity - With a Charitable Gift Annuity your one-time gift will pay a return for as long as you and your spouse live. Upon your death, the principal of your annuity will be placed in an endowment fund in your name. You may specify where your money is to go based on your charitable interests, or ask the Community Foundation to allocate the funds where the needs are greatest.
Pooled Income Fund - A Pooled Income Fund works much like a mutual fund. You receive a variable amount of income each year for life, and the assets ultimately go to the Community Foundation to benefit your charitable interests.
Retirement Accounts - Qualified retirement plan accounts are subjected to layers of taxation (i.e., estate tax, federal income tax and state income tax). For some accounts, the combination of these taxes can be as high as 75-85 percent! A charitable gift of these funds, however, may provide your Fund at VCCF with 100% of the value.
Charitable Lead Trust - This trust allows you to provide income to your Fund for a fixed number of years. The remainder is then returned to you or a named beneficiary.
Life Estate - If you own valuable property that you would like to use during your lifetime, but make arrangements to give it to the Community Foundation upon death, you may receive a current income tax deduction and future estate tax deduction.
Leave A Legacy - Click here to download the brochure