Area of Interest Endowment
An area of interest endowment allows you to target your gift to address needs in a particular facet of community life such as the arts, environment, human services, and more. Our board awards grants to community organizations and programs that are making a difference in the area you select. Your gift stays flexible enough to meet community needs in your interest area – even as they change over time. Once you select the area of interest, the maintenance is left up to us. Our professional staff continually monitors changing community needs so that you can be sure grants made in the name of the fund make the most impact in your field of interest and create your personal legacy of giving. You can add any amount to the endowment at any time – and so can others who share your interests in community. When you endow your gift, it becomes a permanent community funding resource. A personal mission unforgotten. As a retired teacher, John has always had a special interest in youth. During his years as a teacher, he strived to help his students reach their full potential. He enjoyed seeing them develop and received great satisfaction from it. John, who had never had a family of his own, had accumulated a generous amount of appreciated stock over the years. After talking with his financial advisor about the appreciated asset, he realized he had two options – cash it in and pay taxes on the appreciated portion or donate it to charity. After considering his options and his desire to help youth, he decided to donate the asset to the Lincoln Community Foundation. He used the asset to establish an area of interest endowment specifically for the purpose of supporting community youth. The benefits were twofold – he avoided paying capital gains taxes on the appreciated stock and his fund will provide financial support to youth related programs in the community now and far into the future. There is so much more we'd like you to know. For more information and ideas on ways to integrate charitable giving with a financial plan, ask your financial advisor or contact the Lincoln Community Foundation at (402) 474-2345 or lcf@lcf.org. We will be happy to work with you and/or your advisor to determine the most effective ways to accomplish your charitable goals. Return to Charitable Vehicles
2003 Council on Foundations and Community Foundations of America
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