GIFTS WE ACCEPT

Gifts to endowment take many forms. The CSCF facilitates gifts of all types.

 

OUTRIGHT GIFTS

are a simple, convenient way to donate and receive maximum tax advantages. Money, securities, or personal/real property are the usual gifts.

BEQUESTS

of cash or property through a will are usually fully deductible for Federal and State tax purposes. The Foundation can also be named as the residuary beneficiary of a donor’s estate, or be named in a charitable remainder trust created by the will.

LIFE INSURANCE

(with the Foundation as the irrevocable beneficiary of a life insurance policy) allows donors an immediate tax deduction in the amount of the cash value of the policy. Insurance premiums paid thereafter by the donor are deductible as a charitable gift.

MEMORIALS

made in memory of deceased person, or in honor of living persons, are generous testimonials. Creation of a memorial fund in the CSCF is also a means of achieving permanent memorialization.

CHARITABLE LEAD TRUSTS

name the Foundation as the beneficiary of income from a trust for a specific number of years. The corpus, or bulk of the trust, eventually passes to other named beneficiaries such as children or grandchildren.

CHARITABLE REMAINDER TRUSTS

enable the donor to provide a lifetime income to themselves or beneficiaries and leave the remainder of the estate to the Foundation.

324 N. Van Buren | Enid, Oklahoma 73703       580-234-3988       E-Mail Us

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© 2018 by Enid Foundation for Excellence, Inc. DBA Cherokee Strip Community Foundation.