::: Captivate :::
Tuesday, May 30, 2017
 
Register Login
Contact Us

download full moviesCommunity Foundation of the Brazos Valley 

OFFICE LOCATION
Briarcrest Commons     
1733 Briarcrest Drive, Suite 203
Bryan, Texas  77802

Mailing Address:
P.O. Box 2622
Bryan, Texas 77805-2622

Phone: 979.589.4305
Email Us

News Room
There is no feed, you can enter "manage feed" page to add a new one.
Compare Charitable Options

This chart summarizes key differences between establishing a fund at the Community Foundation , giving a gift directly to a charity and forming a private foundation.

Find out more! Send us an e-mail or call Patricia Gerling, President, at 979-589.4305.

 
Community Foundation Fund
Direct Gift to Charity
 Private 
Foundation
Donor can control investment of assets
 no
 no
 yes
Donor can control giving priorities
 Limited (2)
 yes (1)
 yes
How likely to be perpetual
 high
low (3)
 high
By virtue of gift, donor may control who serves on governing board
 no (4)
 no (4)
 yes
Requires donor time and effort, plus expense of staff and management
 no (5)
 no
 yes
Minimum payout required
 no
 no
 yes
Must pay 1-2% tax on investment income and realized capital gains
 no
 no
 yes
Tax deduction for gifts of cash (% of adjusted gross income that may be deducted)
 50% (6)
 50%
 30% (6)
Tax deduction for gifts of stock or real property (% of adjusted gross income that may be deducted)
 30% (6)
 30% (6)
 20% (6) (7)
Valuation of gifts of property other than publicly traded stock
 Fair market value
 Fair market value
 Cost basis
Separate tax return required and open to public inspection
 no
no
yes
  1. Charity and donor can agree on how contribution is spent.
  2. A restricted gift can be confined to the stated purpose, but the donor relinquishes control of the investments and its disposition. A donor advised fund permits the donor to make recommendations subject to the ultimate control of the community foundation.
  3. Except when you create an endowment
  4. Any citizen may be elected or appointed to the board of any public charity. The donor gift does not guarantee such an outcome except in the case of supporting organizations.
  5. Community foundations offer assess a management or administrative fee.
  6. Excess in any year's donations can be carried forward for five years.
  7. Except for gifts of publicly traded stock, the deductible value of lifetime gifts of closely held stock or real property is limited to tax basis, which is generally cost.
 
 
 
Privacy Statement | Terms Of Use Copyright 2009-2012 by Community Foundation of the Brazos Valley