Charitable Instruments
A variety of giving methods
tailored to your unique situation.
The Community Foundation makes it easy to make a planned gift, which will benefit the community after your lifetime.
We offer a variety of ways to create a Named Fund with gifts of $10,000 or more (payable over 4-years). We set up a special fund in your name, in the name of your family or business, or in honor of any person or organization you choose.
Whatever option you choose, your gift will do good work…forever.
Bequest by Will. You can designate a gift or portion of your estate to your community foundation and, in some cases, receive a substantial reduction in federal gift and estate taxes.
Charitable Gift Annuity. You can make a gift of cash or property to your community foundation now, get immediate tax benefits, and ensure that you or a loved one receive fixed quarterly or annual income payments for life.
Charitable Remainder Trust. You can place cash or property in a trust that pays annual income to you (or another named beneficiary) for life. After your death, the remainder of the trust transfers to your community foundation and is placed into a charitable fund you have selected. You receive income tax benefits the year you establish your trust.
Charitable Lead Trust. You can place cash or property into a trust that pays a fixed amount to your community foundation for the number of years you select. Once this period ends, the assets held by the trust are transferred to the beneficiaries you name. In some cases, you receive a substantial reduction in federal gift and estate taxes.
Individual Retirement Account (IRA). Naming the Community Foundation of North Central Massachusetts as beneficiary of your IRA reduces your estate taxes and avoids taxes if given to heirs.
Gift of a Real Estate. You may donate a residence or other land as a gift. To learn more, contact Melissa Maranda (mmaranda@cfncm.org) at 978-345-8383.
Gift of Life Insurance. Life insurance provides a simple way for you to give a significant gift to charity, with tax benefits that you can enjoy during your lifetime.
You receive personalized service
Each individual, family, or organization we work with has unique charitable interests… and unique financial circumstances. We help you make the most of both, so you receive the greatest return on your community investment.
