Types Of Gifts
As you donate to the Cambridge Foundation you are helping us reach our goal of improving your home town. We accept a variety of gifts, many of which are tax deductable for you:
- Cash gifts Checks may simply be made payable to the Cambridge Foundation with a notation for a special fund if desired. Such gifts are tax deductible.
- Securities Gifts of marketable appreciated securities may be made with a considerable tax advantage to you, the donor. You can usually deduct the full fair market value of the stock as a charitable donation, regardless of original cost.
- Real estate Gift of appreciated property may have a similar tax advantage to you.
- Deferred Gift It can be beneficial to you to make a deferred gift of a future interest during your lifetime, by retaining the life interest in your property and leaving the remainder interest to the foundation.
- Bequests A bequest is a gift given through your will or trust. You can designate a special amount of money, or a specific percentage of your estate. Or you may choose to donate the remainder of your estate after taxes, expenses or other bequests have been fulfilled.
- Life Insurance By means of making small annual tax-deductible premium payments, you can purchase a life insurance policy naming the foundation as owner and beneficiary, thus creating a much larger gift than you might otherwise be able to afford.
Donate today! Or Contact Us for more information on how to give to the Cambridge Foundation.