Ways to Give

 

There are many reasons and advantages to donate to RCCF both during and after your lifetime. You can leave the legacy you envision to be remembered by future generations. Your planned giving keeps us thriving. You can take advantage of numerous tax and financial benefits. Gifts made to RCCF are a wonderful way to honor or memorialize a loved one. You may choose to support a cause that speaks to your heart or even start your own fund. No matter when you make a gift, its impact will be felt forever.

 

We want to help you match your passions and charitable giving. Please contact us for more information about any of these options or questions you may have. Call or email Alisa Winters, Executive Director, (765) 938-1177 or awinters@rushcountyfoundation.org. Or stop by our office at 117 N. Main Street in Rushville. Please consult your financial advisors for detailed tax information and your attorney for legal advice.

 

During Your Lifetime

Cash, Check or Credit Card
  • No amount is too small or too large to make a difference for Rush County.
  • RCCF receives a gift that goes to work immediately.
  • Deliver or mail cash or checks to: 117 N. Main Street, Rushville, IN 46173
  • Visit our secure online donation page to use a credit card: https://rushcountyfoundation.org/donate/
  • Irrevocable
  • Donor Benefit
    • You make an immediate impact.
    • Income tax deduction
Securities, including Stocks and Bonds
  • Ask your financial advisor to transfer your stock to RCCF.
    • DTC
    • Account #
    • Contact info
  • RCCF receives a gift that goes to work immediately.
  • Irrevocable
  • Donor Benefit
    • Income tax deduction
    • No capital gains tax
Individual Retirement Account (IRA)
    • Donors OVER the age of 70 ½ can donate to charity directly from an IRA and that donation will NOT be taxed as income; however, your IRA administrator must transfer the funds.
    • Irrevocable
    • Donor Benefit
      • Donations directly from IRA are not taxable income.
      • Satisfies required minimum distribution (RMD).
      • Gifts can total up to $100,000 per IRA owner.
    • Donors UNDER the age of 70 ½ can also donate to charity directly from an IRA, but their donations will be taxed as income.
    • Please note that IRA Charitable Rollovers CANNOT be transferred to a Donor Advised Fund.
Grain
    • Gifts of Grain are an easy way for farm families to make a lasting impact while maximizing their tax benefits.
    • RCCF has established an account at all local elevators.
    • You may donate a dollar amount or number of bushels.
    • Irrevocable
    • Benefits
      • Income tax reduction
    • Learn more and download the paperwork
Real Estate
    • Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to RCCF.
    • Please contact Alisa Winters, Executive Director at (765) 938-1177 or awinters@rushcountyfoundation.org.
    • Irrevocable
    • Donor Benefit
      • Avoid capital gains tax on the sale of the real estate
      • Income tax deduction based on the value of the gift
Charitable Lead Trust
  • A property or asset that is part of a financial arrangement which pays income to charity for a set term or for life. Assets revert to donor or heirs.
  • RCCF receives an annual payment (a specified amount or %) for a set period of time.
  • Irrevocable
  • Donor Benefit
    • Gift is returned to donor or heirs at a reduced gift/estate tax cost.
    • Income tax savings
Endowments
  • A % of a permanent endowment is available for use by charity.
  • RCCF receives a % of the invested endowment annually.
  • Irrevocable
  • Donor Benefit
    • Income tax deduction
    • Escape capital gains tax.

Gifts that Pay You or Others An Income

Charitable Gift Annuity
  • Donor gives a large sum of money to charity in return for a guarantee of a fixed percentage of the gift in cash payments over time, typically for the rest of their life.
  • RCCF receives a large one-time donation.
  • Irrevocable
  • Donor Benefit
    • Donor and/or beneficiaries receive an annual income.
    • Partial Income tax deduction
    • Potential capital gains tax savings
Charitable Remainder Unitrust
  • Pays a fixed % amount of annual trust value (variable income) to donor and/or others for life or term up to 20 years.
  • Remainder supports charity(ies).
  • RCCF receives the balance of the trust once the term has expired.
  • Irrevocable
  • Donor Benefit
    • Receive an annual income.
    • Income may increase if trust value increases.
    • Partial income tax deduction
    • No capital gains tax when donated assets are sold
    • Estate tax savings
Charitable Remainder Annuity Trusts
  • Pays fixed income dollar amount to donor and/or others for life or term up to 20 years.
  • Remainder supports charity(ies)
  • RCCF receives the balance of the trust once the term has expired.
  • Irrevocable
  • Donor Benefit
    • Receive a fixed annual income.
    • Partial income tax deduction
    • No capital gains tax when donated assets are sold
    • Estate tax savings

After Your Lifetime

Bequest
  • Leave a lasting legacy. Make a gift or establish a fund through your will or living trust.
  • You can leave a dollar amount (specific bequest), percentage or balance (residual bequest) of your estate to charity.
  • RCCF receives either a dollar amount you specify, a % of of your estate, or the balance of your estate once expenses and distributions to other beneficiaries have been met.
  • Revocable
  • Donor Benefit
    • Provides for family first.
    • Reduces family’s tax burden.
Retirement Plan Assets: IRA, 401(k), 403(b), Pension or other Tax-deferred Plan
  • You can leave a dollar amount or percentage of your plan to charity.
  • RCCF receives either a dollar amount you specify or a percentage of your plan’s total.
  • Revocable
  • Donor Benefit
    • Avoid income and estate taxes when assets pass directly to charity.
    • Heirs would avoid income tax on any pre-tax assets.
Life Insurance
  • A life insurance policy that has outlasted its original purpose is an excellent way to give to charity. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.
  • You make a large gift with little cost.
  • Revocable is charity is beneficiary only.
  • Irrevocable if charity is both owner and beneficiary.
  • Donor Benefit
    • Income tax deduction
    • No estate tax
    • If RCCF retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums.
    • If RCCF cashes in the policy, you will be able to see firsthand how your gift supports our charitable work.
Payment on Death (POD) or Transfer on Death (TOD)
  • Payment or transfer upon death of bank/stock accounts of real estate.
  • RCCF receives your bank account funds or stock account.
  • Donor Benefit
    • Provides for family first.
    • Estate tax deduction
Gift of Remainder Interest in Home or Farm with Retained Life Estate
  • Irrevocable
  • Donor Benefit
    • Donor used property for lifetime.
    • Partial income tax deduction
    • No capital gains tax
    • Reduction of estate tax

Have you included RCCF in your estate planning, or would you like more information?
  • Please include if this is your preferred method of communication.