Philanthropy is essential to sustaining a vibrant community.
Giving Options
We accept cash donations as well as a variety of other assets.
We can help you understand the benefits of different types of gifts and the most effective way to apply them. And we are flexible – if you have ideas of your own, please inquire. We are here to make sure your giving makes an impact.
Cash donations, by check or bank transfers, are the easiest and most popular form of giving. Learn more.
Gifts of appreciated securities you have owned for over a year can be especially beneficial to you in terms of your tax liability. These securities are deductible at fair market value up to 30 percent of your Adjusted Gross Income. As with cash, amounts exceeding this limit may be deducted for five additional years. In addition, you can avoid long-term capital gains tax on the increased value of appreciated securities.
Unlike many other charitable funds, we also accept gifts of non-marketable securities, such as privately held or restricted stock, on a case-by-case basis. This may give you greater flexibility in tax planning.
We accept gifts of real estate, such as houses, ranches, land, and commercial buildings, on a case-by-case basis. A gift of real estate that you have owned for more than a year may entitle you to take a tax deduction for the property’s fair market value to avoid paying capital gains tax. If you donate a personal residence or ranch and live on the property for the rest of your life, you can receive a current tax deduction for the future value of your gift.
Open A Fund
We manage several types of funds at the Community Foundation.
The Community Foundation offers Donor View, a secure online tracking system that lets fundholders view fund activity and recommend grants online 24/7 as a service to our fundholders.
Here are a few of our fund options:
- Donor Advised Funds can be considered a charitable checking account. We are uniquely positioned to support your gifting with donors advised funds, and our team is integrated into the Jackson Hole community and eager to learn your giving preferences.
- Agency Funds are funds specifically for the nonprofits here in Jackson Hole.
- Memorial Funds are funds set up in memory of a loved one. See our current memorial funds
Planned Giving Options
Estate planning can begin any time, whether you’re working or retired, whether you’re wealthy or not.
We can help you create a strategic approach to planned giving. Carefully planned bequests and charitable trusts can provide measures of support that often cannot be duplicated by outright donations.
Legacy gifts may help fund both the Community Foundation and Teton County nonprofits.
Bequests allow you to establish a legacy that benefits causes close to your heart — and enable you to keep assets during your lifetime. Bequests can take a variety of forms including specific dollar amounts or particular assets.
Benefits of a Bequest
- Estates receive an estate tax charitable deduction
- You leave a lasting legacy to work you deem vitally important
- You can change or revisit a bequest at any point
Share with us your plans for a bequest gift and join our Legacy Society.
You can gift life insurance and secure an estate tax deduction by naming the Community Foundation as a beneficiary of an insurance policy. Or, you can get a tax deduction by donating either a paid-in-full policy or one for which premiums remain to be paid.
Gifts of life insurance offer a way to meet your philanthropic interests without affecting personal assets you intend for your family or others.
Benefits of a Life Insurance Gift
- Personal assets intended for your family or love ones are not affected
- Estate tax deductions may lesson the burden of taxes on your heirs
- Make a lasting impact of causes important to you
Your IRA required distributions may be used to benefit the Community Foundation.
If you are 701/2 or older and considering ways to reduce your taxable income, an IRA charitable rollover could be a good strategy for you. Contact you IRA plan administrator to make a gift from your IRA.
Benefits of an IRA Charitable Rollover
- Reduce your taxable income
- May stratify your required minimum distribution for the year
- Make a positive impact on a cause import to you
There are a range of planned giving options such as life income gifts, which allow us to invest proceeds of assets you donate and then pay income to you, or designated beneficiaries, for life or a set time period.
With these gifts, you get an immediate tax deduction and leave a significant, lasting legacy. Apart from enhancing your income, life income gifts can also be used to remove assets from your taxable estate, reduce or eliminate capital gains tax, and improve income from low-yield, high-value assets. We can facilitate charitable remainder trusts and charitable lead trusts with the objective of meeting your philanthropic goals and family estate planning needs.
