Ways to Give
The Story Community Foundation accepts a variety of gift types to support charitable giving funds and meet your giving goals in tax-wise ways. While cash is a very generous gift, we are here to work alongside you and your professional advisors to maximize your giving using currently held assets:
- OUTRIGHT GIFT OF SECURITIES
- GIFT OF REAL ESTATES
- GIFT OF RETIREMENT ASSETS
- OUTRIGHT GIFT OF PERSONAL PROPERTY
- GIFT OF LIFE INSURANCE
- RETAINED LIFE ESTATE
For a full overview of how the gift options outlined above can match your charitable giving and financial goals, click here.
Watch your charitable dollars make a difference and make a personal commitment to your community. Start a fund or contribute to an existing one. Donations of cash, stock, property, real estate, business interests—gifts of any size—are welcome and appreciated at any time.
Keep Iowa Growing
Keep Iowa Growing is a new program allowing landowners to gift their land with the assurance that it will stay in production to support charitable causes they care about. Donors making a farmland gift via Keep Iowa Growing choose the method of giving that suits their circumstances and philanthropic goals.
Gifts of Grain
Giving grain to SCCF to benefit a favorite cause removes the sale of the grain from your farm income. A charitable income tax deduction is generally not available to you but you can deduct production costs which typically results in saving self-employment tax, federal income tax and state income tax. You can benefit even if you don't itemize your deductions.
Charitable Gift Annuities
A charitable gift annuity is a simple contract established between a donor and the Community Foundation by which a portion of a gift of cash or marketable securities transferred to the Community Foundation establishes an endowed fund to benefit a charity of the donor's choice. The remainder is returned to a designated recipient as scheduled income payments.
Charitable gift annuities are easy to establish, require no trust administration, incur no setup costs to the donor and provide partial a charitable income tax deduction for the donor. The donor escapes worries about managing the donated asset and keeping its value up with inflation.