For DonorsWhat Assets Can You Give?Giving Options: Planned Giving


Assets to Give: Planned Giving

The Maine Community Foundation serves as Maine's charitable savings account, making grants over time based upon our donors' philanthropic wishes and our knowledge of Maine communities.

It is difficult to predict what the most pressing needs will be 50 years from now or where charitable dollars can have their greatest impact.

The flexibility and permanence of the Maine Community Foundation make it the ideal vehicle for planned giving.

Legacies for Maine, launched in 2002, is a circle of individuals and families who have made bequests or other planned gifts, such as charitable trusts, to the Maine Community Foundation. Donors can choose to join this circle when they establish a bequest that benefits the foundation.

Below are some options you have for making a gift to MaineCF:

  • Bequests provide for charitable contributions from your estate. Bequests are deductible as charitable gifts for estate tax purposes and can include most assets. A charitable bequest may be added to an existing will as a codicil.
  • Charitable Remainder Trusts provide variable lifetime income and an immediate income tax deduction. They also bypass capital gain taxes and can reduce estate taxes. The charitable remainder benefits charities of your choice or reflects your fields of interest.
  • Charitable Gift Annuities provide a guaranteed fixed lifetime income that is partially tax-free, an income tax deduction, and attractive income rates. The charitable remainder benefits the charity(ies) of your choosing. Minimum contribution: $25,000.
  • Pooled Income Fund pays the donor a pro rata share of the net income of the fund. The charitable remainder is designated to benefit the charities you designate. Minimum contribution $10,000; additional gifts of $1,000 or more can be added at any time.
  • Charitable Lead Trusts provide income to your fund at the Foundation for a period of years, as well as substantial income and estate tax benefits. They also maximize assets that eventually pass to your family.
  • Real Estate can make an excellent charitable gift. Donors may avoid or reduce capital gains tax on appreciated property while receiving full market value for their charitable gift.
  • IRAs, Retirement Funds, or Annuity Contracts can include the Foundation as the beneficiary of the account and provide an opportunity to save income and estate taxes and maximize bequests to family.

Make a gift to the community foundation fund of your choice.

  Looking Forward, Giving Back

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The McGoldrick Family: “Philanthropy is a learned behavior, and authentic learning takes practice.” ... more

For the Dietzes, philanthropy is a family affair ... more

David Body and Elizabeth Miller: Knowing the power of education ... more

Meet more Maine Community Foundation donors and read their stories here.


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