a Gift to the Foundation
Northern New York Community Foundation, Inc. serves many donors
with a variety
of charitable interests. Gifts are tax-deductible and may be
the donor's lifetime or by bequest in a will.
A donor designates that the Foundation is to receive a specific
amount, a percent of the estate or a piece of property.
Income Gifts - A donor makes a gift to the Foundation,
in return for which he or she receives income for life.
Annuity - In exchange for a
gift of cash or securities, a donor receives a guaranteed
annual payment for life. When the annuity terminates, a
fund is established in the donor's name. This fund may
be used to support a local charitable organization.
Gifts - Gifts made during a
donor's lifetime can take the following forms:
Friends of the
Foundation Fund - Provides an opportunity for
the donor to make a contribution to the annual operation
of the Foundation's
programs, or to make periodic contributions to the
endowment in a fund named after the donor or his
or her family, or in memory
of a loved one.
Unrestricted Fund -
To be used as the board deems necessary.
Designated Fund -
Allows the donor to restrict payment to named charitable agencies
Fund - Allows the donor to make tax-deductible
gifts to the Foundation and then to make
suggestions to the Board
of Directors for the philanthropic use of the
information, please see our
Guide for Donors
and Donor Advisors