For many donors, it’s important to ensure that the important work carried out by their favorite charities and causes continues after their lifetimes. We work with individuals, families and professional advisors to establish funds through planned giving, so that charitable goals are honored into the future.

BEQUESTS –  Legacy Circle Society

Name the Community Foundation in your will or trust. A charitable bequest can specify dollar amount, a percentage of an estate or what remains after other bequests, including those to family members, are made.  Click Here to see sample language to include in your will.  Please discuss this with your estate planner.  Click Here to download MCCF’s Legacy Circle Society form to join others in your community who are leaders in securing the future of Montgomery County.

LIFE INSURANCE – A unique Charitable Asset

Life insurance can be used as a charitable asset, making a donor eligible for a charitable tax deduction based on the current value of the paid-up policy. As an option, an individual can simply name the Community Foundation as the beneficiary of part or all of the insurance proceeds.

RETIREMENT FUND ASSETS – A different way to create a Legacy

Because they are heavily taxed, retirement fund assets from qualified plans or IRAs are ideal for charitable giving purposes. They allow an individual to avoid income and estate tax while making a significant gift that will meet pressing needs in the local community.