Ways To Give
Make a gift of cash, stocks, bonds, real estate or other assets to the Foundation. Most charitable gifts qualify for maximum tax advantage under federal law. The Foundation can help you integrate your financial planning with charitable giving.
Donors who establish funds with the Oshkosh Area Community Foundation during their lifetime receive the benefit of watching their philanthropic dollars at work. An outright gift accomplishes two important tax objectives: a charitable income tax deduction in the year of the gift and a reduction in gross estate for future tax purposes.
A bequest is often the simplest way for many donors to make a significant, lasting gift to their community. By naming the Foundation in your will or estate plan, you can create a named fund that will forever support the causes or organizations important to you. A bequest of 1 percent to 10 percent of your estate can dramatically reduce federal estate and inheritance taxes, with little or no impact on your heirs.
The Foundation advises consulting with a personal accountant, tax advisor, financial planner and/or lawyer to determine the form of giving that is best for you.
Cash gifts are the simplest way to give. Aside from the convenience, cash gifts also can be deducted from your federal income tax for up to 60 percent of your adjusted gross income.
SAMPLE LANGUAGE FOR A BEQUEST TO ESTABLISH A COMMUNITY IMPACT FUND
I give to the Oshkosh Area Community Foundation, a Wisconsin nonprofit public charity, (insert the percentage of your estate, trust or sum of money) OR (all my right, title and interest in the following described property _____________). This gift shall be used to establish the ___________ Fund, a Community Impact Fund, and shall be invested and distributed at the sole discretion of the Oshkosh Area Community Foundation’s Board of Directors.”
(If you wish to name additional beneficiaries, please state them here.)