WHY YCF?
WHO WE ARE
We were established to enhance the quality of life in Allen, Anderson, and Woodson counties by addressing the current and future needs of our community. We strive to connect donors with local nonprofits they care about, supporting their giving strategies and helping them create lasting legacies through endowments.
WHAT WE DO
PERSONALIZED GIVING
PERSONALIZED GIVING
PERSONALIZED GIVING
We understand that every donor has different philanthropic interests and goals, which is why we help you design a giving strategy that aligns with them.
LOCAL EXPERTISE
PERSONALIZED GIVING
PERSONALIZED GIVING
We are experts in the needs of our commmunity. Our expertise enables us to identify the most pressing needs of the community and meaningful changes in the areas that matter the most.
LEGACY BUILDING
PERSONALIZED GIVING
LEGACY BUILDING
You can ensure your legacy endures by establishing a lasting impact at the Community Foundation. By making a planned gift, you contribute to the community in a way that reflects your name, passions, and principles for generations to come.
WHY TO ESTABLISH A FUND HERE OVER A PRIVATE FOUNDATION
MAXIMUM TAX BENEFITS
Community foundations offer more favorable tax deductions than private foundations. On a cash donation to one of our charitable funds a deduction of up to 60% of a donor's adjusted gross income (AGI) is allowed vs up to 50% of AGI at a private foundation.
At Your Community Foundation investment income from our funds is not taxed, private foundations have to pay up to 2% in taxes on investment income and capital gains.
SIMPLICITY
The process of creating a fund at Your Community Foundation is much less expensive and simpler than a private foundation. A private foundation requires a donor to create a new organization, apply for tax-exempt status with the IRS, and pay filing, legal, and accounting fees.
NO MINIMUM DISTRIBUTION REQUIREMENT
Private foundations are required to distribute at least 5% of their investment assets, regardless of the amount of interest earned in a year. At Your Community Foundation, we do not have an annual distribution requirement.
Your Community Foundation
PO Box 44 Iola, Kansas 66749, United States
Copyright © 2024 Your Community Foundation - All Rights Reserved.
YCF is a non-profit 501(c)(3) organization EIN #43-1923000
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