In partnering with the Phillips County Community Foundation, you have the opportunity to meet the needs of Phillips County through charitable giving. Becoming a partner with PCCF allows you as a donor, the opportunity to receive the tax advantages of a public charity partnered with your own choice of recommending or requesting possible grant recipients to the foundation, without incurring any administrative responsibility. In giving you are taking responsibility and helping assure that Phillips County and the organizations you care about, will be here for years to come.
A donor may contribute cash or property to the foundation at any time during the year. A contribution is deemed made at the time of its delivery to the foundation in accordance with applicable law.
How Does a Person Give?
In partnering with PCCF, you first need to decide what’s important to you. What charitable organization or aspect of our rural way of life do you want to help sustain. After that question has been answered, a simple phone call to the Foundation office can start one on the road towards charitable giving.
What Can a Person Give?
- Cash, stocks and bonds, real estate and life insurance.
- Cash gift is simplest way to establish a named fund or add to an existing fund.
- Stocks and bonds can also be sued to establish a named fund or add to an existing.
- If a donor names the Foundation as the owner and beneficiary of an existing or new life insurance policy, you receive an immediate tax deduction, which usually approximates the cash surrender value of the policy.
Special funds can be created to handle tributes and memorials. Donors can use this giving option to:
- Create a scholarship
- Support a favorite charity
- Create or sustain a youth program that keeps the memory of a loved one
Gift of Grain
By donating grain, farmers have the ability to make a gift to PCCF. For many cash basis farmers, significant tax savings can be achieved by donating crops directly to the Foundation.
The Foundation Board encourages donors to visit with their attorney or accountant in order to assure what tool of giving works best for them.