There are many types of gifts; the Community Foundation of the Dan River Region can help guide you to find the type of donation that best suits your needs.
An annual monetary gift may be made to support either the Community Foundation of the Dan River Region in general, or specifically, to any of our funds.
Gifts may be given in memory or in honor of individuals, as designated by the donor. Notifications can be sent to family members upon request.
A gift can be used to establish an endowment fund in the donor’s name. There are several types of funds in this category, such as Advised, Designated or Field of Interest.
In addition to monetary donations, the Community Foundation of the Dan River Region also accepts donations of property and other assets. These donations can often relieve tax burdens for those who donate, their estates or their heirs. Our professional Advisors will work with you to find the best options available for maximizing your gift’s value.
Gifts of stocks, bonds, mutual funds and real estate can result in dual tax benefits; the full value of the assets are usually deductible, with no capital gains tax paid on the appreciation.
A will bequest made to the Community Foundation of the Dan River Region is deductible for federal estate tax purposes and may result in additional savings on state inheritance and estate taxes.
The gift of an IRA to the Community Foundation of the Dan River Region can, upon your death, eliminate significant income-tax liabilities for the estate.
The IRA Rollover allows people age 70 1/2 and older to make direct transfers totaling up to $100,000 per year to qualified charities, without having to count the transfers as income for federal income tax purposes.
For more information on charitable IRA giving check out the resources below:
A life insurance gift, through a new or existing policy offers a cost-effective way to make a significant gift to the Community Foundation of the Dan River Region.
If you have any questions about making your gift of life insurance, please contact us with your questions or comments.
You can either send a check to the address below or donate online.
The Community Foundation
541 Loyal Street
Danville, VA 24541