Example #2

The Rodriguez Family wants to help children with disabilities and to support environmental causes.

Option #1

The family is donating this year’s IRA distribution for a huge tax savings. The Community Foundation helps them create two, equal funds for the following local nonprofits:

Option #2

The family establishes a Charitable Remainder Trust with the Community Foundation. The trust provides the family with an immediate tax break and a six percent annual payout for the rest of their lives. The Community Foundation receives the remainder of the trust upon their deaths. It will be used according to the Rodriguez Family Fund agreement:

These are just two of the many options possible in this scenario.

Foundation staff can work with you to customize your giving plans. Contact Angelique Leone at Angelique@cf-sc.org or (425) 212-4056 to learn more.