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Thank you for your generosity and support!
The Crown Point Community Foundation Scholarship Fund is dependent upon collective giving from individuals, groups, businesses, and the like. Anyone can give to it! The more gifts received, the more scholarships for students attending college or vocational studies can be given out.
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Thank you for your generosity and support!
The easiest way to give to the Crown Point Community Foundation is by giving a cash gift. You can contribute to an existing fund or create your own. We also accept gifts of stocks and securities, real estate, insurance, and tangible assets. All gifts receive the maximum tax deduction allowed by law.
Cash donations can be made by mail, dropping off at our office, or online.
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The Foundation has the ability to accept gifts of publicly traded stocks.
Donors can establish a fund with a gift of real estate or tangible property.
Talk with your attorney and name the Crown Point Community Foundation as a beneficiary of all or a portion of your estate. Please use the following wording - “I give or bequeath to the Crown Point Community Foundation, 115 S. Court St., Crown Point, Indiana % or the sum of $ of my residuary estate.”
You can designate all or a portion of your life insurance policies, potentially saving Indiana inheritance tax and federal estate taxes. Always consult with your professional financial advisor. If possible, let the Foundation know of your plans.
Individuals age 70-1/2 or older can donate up to $100,000 of IRA assets to qualified charitable organizations and enjoy tax savings.
Benefits of making charitable contributions via IRA rollovers include:
1. Reduced taxable income
2. Distributions are not included in the taxpayer’s gross income
3. IRA rollovers can be used to satisfy the donor’s annual required minimum distribution
4. Even those who do not itemize their returns receive the benefit
It’s important to note that tax-free gifts from your IRA can not be withdrawn by the donor, but instead must be paid directly by the IRA custodian to one or more qualified charities. Please consult your financial or legal advisor for additional information. For questions, please contact us at: 219-662-7252. If an IRA Charitable Rollover is an option for you, please name the Crown Point Community Foundation as a beneficiary.