1. You want to leave a lasting legacy.
2. Because of the power of endowment, the names and goals of these funds live forever creating a lasting legacy while providing sustainability for future generations.
3. You need a tax deduction. The Pleasant Dale Parks Foundation is a qualified 501(c)(3) nonprofit organization. All gifts made to the Foundation are tax deductible.
4. You just want to better our community through giving.
The great part about a community foundation is that anyone can participate, making this truly a community effort.
1. Support your community with a gift to the Fund for Pleasant Dale Parks Foundation to respond to current local needs of our parks. A monetary gift as little as $100 can help tremendously. Gifts of $5,000 or more to this fund will receive name recognition at our events yearly.
2. Help support the work of the Foundation by contributing not only money, but time in promoting and attending fundraising events.
3. Attend community foundation events and workshops to learn more about estate planning, charitable giving, building endowments and other related topics.
4. Tell your friends about the Pleasant Dale Parks Foundation and the services that we provide
Gifts of real estate, such as a house, commercial building, or farm land, can make a great gift to the community foundation. If you have owned the real estate for more than a year, you will receive a tax deduction for the fair market value of the property and will avoid paying capital gains taxes. Each gift of real estate is unique and will be reviewed on a case by case basis.
Generally, it is the Foundation’s policy to accept gifts of real estate only if they are to be sold with the proceeds used for a charitable purpose agreed upon by the donor and the Foundation.
Making a gift through a life insurance policy is an inexpensive and easy way to make a substantial contribution to the Community Foundation. Many people find that in later years, they don’t need all the insurance they did when they were younger. You can make a gift to the community foundation for your policy amount by naming the foundation as the owner and irrevocable beneficiary of your life insurance— you can either give a paid-up policy or continue to pay the premiums.
You receive a tax deduction for the approximate cost or fair market value, whichever is less. If the policy is paid up, you receive an immediate tax deduction. If it is not, you can claim continuing tax deductions on premium payments you make directly or through gifts to the Community Foundation.
Stocks, Bonds & Mutual Funds
A gift of appreciated property in the form of stocks, bonds or mutual funds is a great way to support your favorite charity and receive greater tax benefits than a cash gift of equal value. You will receive a charitable deduction for the full market value of your property and also avoid capital gains tax. Potential estate taxes could also be reduced.
Closely Held Stock
Closely held stock is a special way that business owners can give back to their communities. By transferring shares of your corporation to the community foundation, you will receive an immediate personal charitable income tax deduction while also avoiding the capital gains tax on the appreciated stock.
Tangible Personal Property
Tangible personal property is defined as any property, other than land or buildings, that can be seen or touched. Examples include artwork, jewelry and gems, collectibles, boats, cars, tractors and aircraft, timber or business inventory and equipment. This is a great way to turn something meaningful to you into something meaningful for the community.
401k and IRA Accounts
Individual Retirement Accounts (IRAs) or other qualified retirement plans are often one of the best types of assets to leave to charity because they are taxed so heavily when left to heirs. When you leave a gift to the community foundation with your retirement plan assets, 100% of the gift will be available to support your charitable interests.
In a Community Foundation, no gift is too small. A gift of $25, $10, or even $1 to any of our current funds can make a difference for Pleasant Dale Park Community. You can give now during your lifetime, or later through your estate. The choice is up to you!
Mail cash or check to Pleasant Dale Parks Foundation 7425 S. Wolf Rd Burr Ridge, IL 60527. Please make your check payable to Pleasant Dale Parks Foundation.
Click below to donate. Your online donation will be processed with Square. This is a safe and secure website that helps you support the issues and causes that you care about the most.
Including a gift to the Pleasant Dale Parks Foundation through your estate plan is a simple way to make a lasting gift to your community. The Foundation is an excellent vehicle for those who wish to give to your community parks after their death. Using wills, trusts, insurance policies and other estate planning tools, donors can create a lasting legacy.
Please contact us at [email protected] with any questions!