Ways To Give

 

Planned Giving

The Northern Indiana Community Foundation (NICF)has twenty years of experience connecting people with causes that are important to them and their families. The NICF serves Starke, Fulton and Miami Counties through initiatives and grant-making activities in the areas of arts and culture, health and human services, youth, education, community development, and environment and recreation.

The Northern Indiana Community Foundation is a tax-exempt charity, and gifts to the NICF are fully tax deductible.

The Fulton County Community Foundation holds quarterly Professional Advisors Luncheons with areas of discussion such as Farm Friendly Gifts, Charitable Gifts In Kind and other timely topics. Steve Hammer, trust officer with First Financial Bank, gives the presentations for professional advisors and donors. If you would like to sign up for these events, contact Brian Johnson and he would be glad to add you to his mailing list.

You can plan for your charitable giving today, even if those gifts will not be transferred to the Community Foundation for many years. Below are the most frequently used methods of planned giving.

Wills

Giving to the Community Foundation through your will is one of the easiest way to make a gift.

IRA Bequests

By naming the NICF as the beneficiary of your IRA assets, you avoid estate and income taxes. The NICF will keep 100 percent of the IRA assets and will apply them to the charitable purpose or organization you choose.

Life Insurance Policies

Life insurance is a great way to make a charitable gift to the Community Foundation. The donor can deduct the replacement value of the policy, and some donors can increase the size of their gift by purchasing a life insurance policy and naming the Community Foundation as owner and beneficiary.

Charitable Remainder Trust; Charitable Remainder Annuity Trust (CRAT),Charitable Remainder Unitrust (CRUT), Charitable Lead Trust (CLT)

These types of gifts allow a donor to irrevocably transfer assets into a trust which pays income to the donor or other beneficiaries during their lifetimes. The remainder then goes to a qualified nonprofit of the donors choice or to donor's named beneficiaries.(see our policies on these types of gifts)