What and How to Give

What to Give

The Fort Atkinson Community Foundation can accept a variety of gifts all with tax advantages to you.  Consult your attorney, tax advisor, or financial professional for more information about any of these options.  

Cash gifts:   Checks may simply be made payable to the Fort Atkinson Community Foundation with a notation for a special fund if desired. Such gifts are tax-deductible.

Stocks/Bonds/Mutual Funds:  By donating appreciated securities, you avoid paying capital gains taxes and you can deduct the full value of the asset you donated from your income taxes, up to the overall amount allowed by the IRS.

IRA Qualified Charitable Distribution:  If you have an IRA and are over 70½ years of age, you can send your annual Required Minimum Distribution, up to $100,000 directly to a 501(c)(3) charity like ours and exclude the distribution from your taxable income.

Charitable Remainder Trust:  A charitable remainder trust (CRT) is an irrevocable trust that generates an income stream for you, or other beneficiaries, with the remainder of the donated assets going to your favorite charity or charities in the future. While the Fort Atkinson Community Foundation does not establish this kind of trust or act as a trustee, it can be the beneficiary of a CRT. By making the FACF the beneficiary, the donor can be assured that their gift will be used for the donor’s intent for as long as the donor wishes.

Bequests:  A bequest is a gift given through your will or trust. You can designate a special amount of money, or a specific percentage of your estate. Or you may choose to donate the remainder of your estate after taxes, expenses or other bequests have been fulfilled.

Life Insurance:  By means of making small annual tax-deductible premium payments, you can purchase a life insurance policy naming the foundation as owner and beneficiary, thus creating a much larger gift than you might otherwise be able to afford.

How To Give

Donate to a Fund:  You may donate to our versatile General Fund, which allows us to respond to the changing needs of the community, or to any of the funds in our portfolio.  To see a complete list of our funds, click here.

Create your own Fund:  You may choose to create your own Fund.  To see the types of funds the Foundation offers, click here.  In some cases, minimum initial gifts are required.  To learn more, contact executive director Sue Hartwick at facf@fortfoundation.org or (920) 563-3210.