Options for Giving

We offer several giving options, each designed to maximize your philanthropic goals in a unique way.

Our giving options are flexible - tailored to your charitable interests and your financial needs. You can create a philanthropic legacy now with an immediate gift, or do so later with a planned gift. Our professional staff has the experience and expertise to help you successfully design and implement an effective giving plan.

Give Now

Foundation for MetroWest accepts a variety of immediate gifts including cash, securities, real estate, and other property. You may also give online.

A cash gift is the simplest way to establish a fund or give to an existing fund. Cash gifts are deductible to the extent of 50 percent of the donor's adjusted gross income in any one year. Deduction amounts exceeding this limit may be carried forward for up to five additional years.

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Gifts of appreciated securities (stock, bonds, and most mutual funds) provide tax advantages. If you have held the securities for one year or longer, the current value of the securities is tax deductible to the extent of 30 percent of your adjusted gross income. Deduction amounts exceeding this limit may also be carried forward for an additional five years. You do not have to pay federal or state capital gains taxes on the appreciated portion of the gift.

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Real estate and closely held stock are both suitable gifts and may be deductible as charitable contributions. Capital gains taxes can be avoided in most cases, and deductions can be taken immediately and carried forward for up to five years. Email us to learn more about this option.

If you would like to donate to the Foundation for MetroWest through your private foundation, you have two options. You can use a Donor Advised Fund to complement an existing private foundation. Alternatively, you can convert your foundation into a Donor Advised Fund, giving all the flexibility of a private foundation while we take care of the administrative and legal responsibilities. Below are some of the benefits you will receive by converting your private foundation into a Donor Advised Fund at the Foundation.

  • Anonymity. Information about private foundations is readily available for public inspection. Use a Donor Advised Fund to give anonymously.
  • Greater Tax Benefits. Receive greater tax incentives on future gifts, such as fair market value deduction of closely held stock contributions and higher AGI deductibility thresholds for cash and publicly traded security gifts.
  • More Giving Time. Enjoy the time you save by focusing on your philanthropy and making a difference in the organizations, issues, and communities that are personally most important to you and your family.

Not sure which option is the best for you? Email our Executive Director, Judy Salerno or call 508.647.2260 to schedule a personal meeting.

Give Later

A planned gift to the Foundation for MetroWest is a simple way to make a tremendous impact. It may enable you to give a bigger gift than you ever thought possible. There are many ways for you to plan now for a gift later.

Including the Foundation in your estate plan is an easy way for you to make a significant impact on community needs and create a legacy that lasts forever. You can use a variety of assets to make a planned gift and accomplish your charitable goals.

A charitable bequest to the Foundation enables you to retain control over your assets during your lifetime and support the community you love later. A charitable bequest can be a specific dollar amount, a percentage of your estate, or what remains after other bequests are made.

For sample bequest language, click here.

When you name the Foundation for MetroWest as the owner and beneficiary of an existing or new life insurance policy, you receive an immediate tax deduction that usually approximates the cash surrender value of the policy. All premium payments made thereafter are deductible as a charitable contribution.
Individual Retirement Accounts (IRAs) or other qualified retirement plans are often the best types of assets to leave to charity because they are taxed so heavily when left to heirs. When you leave retirement plan assets to a nonprofit––such as the Foundation ––100 percent of the gift will be available to support your charitable interests.

Charitable Gift Annuity

When you establish a Charitable Gift Annuity, you can receive guaranteed income for life, benefit from an immediate income tax deduction, and leave a legacy that will forever support the causes that are important to you. Payments are based on your age: the older you are, the greater the annuity payment. If you choose, you can receive an income tax deduction now and defer receiving the annuity payments until a future date of your choosing. After receiving annuity payments for life, the remainder interest may be used to establish a named charitable fund, or be added to an existing fund. The tax advantages of both a current and deferred annuity are two-fold. First, you receive an immediate charitable income tax deduction when you create your annuity. Second, a portion of the payments you receive may be treated either as tax-free return of principal or long-term capital gains. These tax advantages increase the effective value of the annuity payments.


Charitable Remainder Trust

A charitable remainder trust offers you a great deal of flexibility. Payments may be made to you or another beneficiary for life, or for a specified number of years. The income beneficiaries annually receive an amount equal to a fixed percentage of the trust's fair market value, or a fixed dollar amount. A charitable remainder trust may be set up during your lifetime or through your will. The eventual distribution to the Foundation will only take effect upon the death of the trust's income beneficiaries, or at the end of the specified number of years. At this time, the remainder of the trust transfers to the Foundation to support your charitable giving goals.

A Charitable Lead Trust enables you to make significant charitable gifts now while transferring substantial assets to beneficiaries later. A trust is set up from which the Foundation receives annual payments for your life or for a specific number of years. These funds may be used to support nonprofits you choose or be added to a Donor Advised Fund. When the trust terminates, the principal is returned to you or distributed to others you designate. The trust assets pass to the recipients at reduced tax cost—sometimes even tax-free.