Remembrance-Based Cash Gifts
Many options are available for making cash gifts to the Colonial Beach Community Foundation and thereby contribute to the work it does to improve the quality of life in and around Colonial Beach. For example, you can ask friends and family to celebrate a special occasion with you by donating to the Foundation in lieu of gifts. Likewise, you can memorialize a loved one by requesting donations to the Foundation in lieu of flowers at a funeral, or in remembrance of a special day. Giving in the name of a loved one is a respectful, loving way to honor his or her life and memory.
You also can choose to direct your giving to one of our strategics objective if you like. For example, to honor a retiring teacher, donations in the teacher's name may be directed toward our Youth Development and Education initiatives; or, to celebrate a milestone birthday of an artist, donations may be directed toward our Quality of Life and Cultural Enhancements initiatives.
We are happy to discuss ideas with you and help you plan.
As an alternative or in addition to cash, you can gift securities (stocks and bonds). Those gifts often provide tax advantages in addition to deductions because of capital gains or losses. Other assets, such as real property, mutual fund shares, and business interests also may be gifted to the Foundation. You can even name the Colonial Beach Community Foundation as the owner and beneficiary of a new or existing life insurance policy, and receive tax advantages from doing so.
As you can see, donations can take many forms, for many reasons. If you have questions or ideas for maximizing your donations to the Foundation, contact us; we'll be happy to discuss details and assist you in any way we can.