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A donation to the Alameda Community Fund will insure that non-profit organizations in Alameda will have the opportunity to benefit from grants in perpetuity. Donations and bequests that are made to the Alameda Community Fund are added to the foundation assets and it is the earnings from those assets that are the source of grants for Alameda non-profit organizations. In this sense, a gift to the Alameda Community Fund can serve many generations to come. Some of the organizations that have benefited from grants from the Alameda Community Fund include, the Alameda Food Bank, Alameda Meals on Wheels, Girls, Inc, the Alameda Boys and Girls Club, Mastick Senior Center, Alameda Council, Boy Scouts, American Red Cross, Alameda Swimming Pool Assn., Alameda Hospital Foundation, Frank Bette Center for the Arts, just to name a few.
Ways to Leave a Legacy with a Gift to the Alameda Community Fund
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- 1. Prepare a will or trust. Only 50% of those that pass away have one. Without a will or a trust you may loose control over your belongings.
- 2. Leave a gift in your will for the nonprofit and charitable organizations that make a difference in your life. Less than 6% of American households have included nonprofits in their estate plan even though many of these households support and care about these organizations during their lifetime. Imagine the positive impact on our community if everyone made a donation to support their favorite nonprofit organization.
- 3. Leave a specific dollar amount or a percentage of the assets in your will or trust to a nonprofit of your choice.
- 4. Consider using highly appreciated assets for your charitable gift. These include but aren’t limited to: cash, stocks, bonds, CDs, and real estate. Such gifts may even provide income tax and estate tax savings.
- 5. Name the Alameda Community Fund as a beneficiary (or partial beneficiary) on your pension plan or IRA.
- 6. Purchase a new life insurance policy naming your favorite nonprofit as the beneficiary. Under certain circumstances, you may be able to deduct the premiums.
- 7. Name you favorite nonprofit as a beneficiary of an existing life insurance policy.
- 8. Remember loved ones with memorial gifts.
- 9. Encourage family and friends to leave gifts to nonprofits in their wills or trusts.
- 10. Ask your financial advisor or attorney to include charitable giving as part of counsel to clients.
As with any financial or estate planning, be sure to consult your financial advisor and estate planning attorney to consider all the relevant factors that apply to your personal situation.
Consider leaving a permanent legacy to the Alameda Community Fund and become a member of the Alameda Community Fund Legacy Society.
Your legacy could help the Alameda Community Fund support Alameda non-profits for future generations building a source of perpetual revenues. Notify us of your future bequest and the ACF will honor you by recognizing you as a member of our the Legacy Society. For more information, please call Edward Kofman at 510-909-4444 or [email protected]. Donations may be sent to Alameda Community Fund, P.O. Box 1273, Alameda, CA 94501.