Ways to Give
We envision an improved quality of life for Barberton residents, now and forever.
Giving Through Barberton Community Foundation
There are many ways to contribute to Barberton Community Foundation. You may wish to donate to an existing fund whose purpose matches your charitable goals, or to create your own fund to fulfill an unmet need or service within the community. There are many different types of funds within the Foundation, all with the same goal in mind, to address the many different needs in our community.
Ways to Give
Cash
Cash is the simplest way to establish a fund or give to an existing fund. Cash gifts are fully deductible up to 60 percent of the donor’s adjusted gross income in any one year. Deduction amounts exceeding this limit may be carried forward for up to five additional years.
Stock
Appreciated stock is a savvy way to give to Barberton Community Foundation. Your gains are put to good use. Your gift of stock is reinvested in your community, and it qualifies for an immediate tax deduction based on the full market value.
Life Insurance
Life insurance is a simple way for you to give a significant gift to charity, with tax benefits that you can enjoy during your lifetime.
Estate Gifts
Including a charitable bequest in your will is a simple way to make a lasting gift to your community. When you make this gift through Barberton Community Foundation, we establish a special fund that benefits the community forever and becomes your personal legacy of giving.
Charitable Remainder Trust
A Charitable Remainder Trust allows you to receive income for the rest of your life, knowing that whatever remains will benefit your community and the causes you care about.
Charitable Gift Annuity
A Charitable Gift Annuity allows you to arrange a generous gift to your community, while providing yourself a new income source that you can count on for the rest of your life.
Real Estate
Giving real estate through Barberton Community Foundation can help you turn your property gains into community good. The value of your real estate may exceed that of any other asset you own. With the help of Barberton Community Foundation, you can use it to fulfill your charitable interests and receive financial and tax benefits.
Starting a Fund
It’s easy to start a fund, and our staff works with individuals, businesses, nonprofits, civic groups, and nonprofit organizations every day. Each fund is unique – no two funds are alike. Once created, we’ll ensure that your charitable intentions are carried out exactly as you specify, as we work to Build a Better Barberton.
Endowment Calculator
Note: The results shown in the Endowment Calculator are for illustrative purposes only and are not guaranteed.
Types of Funds
Endowment Fund
This is a permanent fund designed to provide an ongoing source of funding for your charitable interests.
Endowment funds allow donors to support particular interest areas, specific program initiatives, or causes. Many nonprofits establish an endowment fund to grow their assets and enhance their ability to accept large and complex gifts.
Donors can establish a named permanent fund for a minimum contribution of $5,000.
Now and Forever Funds
A now and forever fund is a combination fund that is both a short-term investment for immediate needs and an endowed asset designed to last forever.
Pass-Through Funds
Pass-through funds are generally used to support a specific charitable purpose and solicit support from a broad range of donors. Non-endowed and not invested in our main investment pool, these funds are held separately and are readily available for short-term projects.
Scholarship Funds
The creation of a Scholarship Fund is attractive to many donors and can be structured to benefit students at any education level, or for a specific institution. A scholarship fund can also be established to honor a loved one. Some donors choose to stay involved through advisory relationships, while others name advisory committees to assist in the selection of recipients. Either way, our staff will handle the necessary paperwork and will ensure that scholarships are distributed in an equitable manner. Donors can establish a named scholarship fund for a minimum contribution of $5,000.
Donors’ Bill of Rights
Philanthropy is based on voluntary action for the common good. It is a tradition of giving and sharing that is primary to the quality of life.
To assure that philanthropy merits the respect and trust of the general public, and that donors and prospective donors can have full confidence in Barberton Community Foundation, we declare that all donors have these rights.
- To be informed of the identity of those serving on the organization’s governing board, and to expect the board to exercise prudent judgment in its stewardship responsibilities.
- To have access to the organization’s most recent financial statements.
- To be assured their gifts will be used for the purposes for which they were given.
- To receive prompt acknowledgment and appropriate recognition for all gifts.
- To be assured that information about their donations is handled with respect and with confidentiality to the extent provided by law.
- To expect that all relationships with individuals representing organizations of interest to the donor will be professional in nature.
- To be provided with disclosure of all significant parties involved with Barberton Community Foundation.
- To be assured that Barberton Community Foundation will not share mailing lists with any other entity.
- To feel free to ask questions when making a donation and to receive prompt, truthful and forthright answers.
If you have questions about the above Donors’ Rights, about making a gift to Barberton Community Foundation, please contact us at 330-745-5995 or gro.fcnotrebrab@nellas.
*Association of Fundraising Professionals (AFP), all rights reserved. Reprinted with permission from the Association of Fundraising Professionals.
