Adding to your fund

You may add to your Donor Advised Fund at any time. The Community Foundation of North Central Massachusetts accepts most types of gifts.

Credit Card Donations

It is safe and convenient way to make a contribution to your existing fund. Click here to go our secure web site with the fund listings.

Cash Gifts

You may make a tax deductible gift up to 50% of your adjusted gross income, with the ability to carry forward donations that exceed the federal limit for up to five years.

You can mail additional contributions to The Community Foundation of North Central Massachusetts. Please be sure to include the name of your fund on the check. To wire cash, please contact Melissa Maranda at 978-345-8383 or mmaranda@cfncm.org.

Publicly Traded Stock

Everybody wins when you make a gift of appreciated stock to your community foundation. Your gains are put to good use. Your gift of stock is reinvested in your community, and it qualifies for an immediate tax deduction based on the full fair market value.

How it works:
You make a gift of appreciated stock to the Community Foundation of North Central Massachusetts. Your gift qualifies for a tax deduction based on the full market value of your stock; you avoid the capital gains tax that would otherwise arise from the sale of this stock. We handle all the administrative details.

To give a gift of stock, please contact Melissa Maranda at 978-345-8383 or mmaranda@cfncm.org.

Restricted Securities

Just like Publicly Traded Stock, The Community Foundation of North Central Massachusetts accepts Rule 144 stock.

How it works:
You make a gift of restricted securities to the Community Foundation of North Central Massachusetts. The following are the simple steps required to make a gift using Rule 144 stock:

You or your advisor (attorney, accountant, broker, etc.) contacts Melissa Maranda at 978-345-8383 or mmaranda@cfncm.org
The Foundation provides the donor's broker or advisor with detailed instructions on how to transfer restricted stock. The Foundation will acknowledge the gift of shares in writing and will include Form 8283 (appraisal form) for your use. While it is your decision to obtain an appraisal, we recommend that donors obtain an appraisal for any restricted stock gift.

Mutual Funds

Just like stocks, everybody wins when you give mutual funds to your community foundation. Your gains are put to good use. Your gift is reinvested in your community, and it qualifies for an immediate tax deduction based on the full fair market value.

How it works:
You make a gift of an appreciated mutual fund to the Community Foundation of North Central Massachusetts. Your gift qualifies for a tax deduction based on the full market value of your stock; you avoid the capital gains tax that would otherwise arise from the sale of the fund. We handle all the administrative details.

To give a gift of a mutual fund, please contact Melissa Maranda at 978-345-8383 or mmaranda@cfncm.org

Closely-Held or Founders Stock

The Community Foundation of North Central Massachusetts accepts gifts of closely-held stock. We will work closely with the donor and their advisors to determine the most advantages way to handle the contribution.

To learn more, please contact Melissa Maranda at 978-345-8383 or mmaranda@cfncm.org

Real Estate

Making a charitable gift of real estate through your community foundation can help you turn your property gains into community good. The value of your real estate may exceed that of any other asset you own. With the help of your community foundation, you can use it to fulfill your charitable interests and receive financial and tax benefits.

How it works:
You identify real estate property that you would like to give; an appraisal will help you establish its estimated market value. We assess the real estate for compliance with our acceptance policies and gather appropriate documentation.

Your gift qualifies for a tax deduction based on its full market value; you avoid the capital gains tax that would otherwise arise from the sale of the property. We handle all the administrative details.

To learn more, please contact Melissa Maranda at 978-345-8383 or mmaranda@cfncm.org

Private Foundations

There are significant advantages to consolidating a private foundation into a Donor Advised Fund, they include: anonymity, consolidation of administrative costs and preferred charitable deductions of additional gifts.

To learn more about terminating a private foundation or consolidation, please contact Melissa Maranda at 978-345-8383 or mmaranda@cfncm.org