Community West Foundation offers Creative
Options for Giving

Planned Giving is a wonderful way to support your favorite charities and secure significant financial benefits for you and your family. Whether you would like to take advantage of reductions in estate or capital gains taxes, or benefit from an increased income stream, there is a planned gift that suits every purpose.

Community West Foundation offers a variety of options to make a planned gift that you may wish to consider as you update your estate or create your own philanthropic plan.

Bequests

Giving through your will can be a convenient way to make a planned gift. If you are making a new will, you can simply include Community West Foundation among the beneficiaries of your estate. If you already have a will, you can add Community West Foundation as a beneficiary of your estate through a codicil.

Establishing a Donor Advised Fund

A Donor Advised Fund at Community West Foundation is simple to establish. It is similar to having a private foundation without the administrative work and expensive set-up costs. A Donor Advised Fund allows you to make a gift to the Foundation, receive an immediate tax deduction and recommend grants to charities that you wish to support. Community West Foundation takes care of all the administrative and grant-making activities.

Gifts of Life Insurance

A gift of life insurance is a flexible, cost-effective way to include the Foundation in your estate plans. Donating the policy to Community West Foundation entitles you to a charitable tax deduction in the year you transferred the policy.

Charitable Gift Annuity

A Charitable Gift Annuity allows you to donate cash or stock and receive a guaranteed payment rate from that asset for as long as you live. You will receive a charitable tax deduction for the year the gift annuity was established, and a portion of the income from the gift annuity will be tax-free. The payments are guaranteed by the resources of Community West Foundation.

Charitable Remainder Trust

A Charitable Remainder Trust is a gift that enables you to provide a lifetime income for yourself or a family member, with the remaining principal then passing to the Community West Foundation to be used as you designate.

Charitable Lead Trust

Through a Charitable Lead Trust, you may name the Community West Foundation as a beneficiary of income for a specified amount and when the trust expires, the remaining assets revert to beneficiaries. Significant savings of estate taxes may be realized when the trust asset passes to your beneficiaries.

Retirement Plan Gifts

A retirement plan is designed to support you in your retirement. If you pass away before the funds are exhausted, high estate and income taxes can be imposed on the beneficiary. You can reduce this tax burden by naming Community West Foundation as a beneficiary of your retirement plan.

Real Estate

You can donate property to the Community West Foundation, receive the benefit of a current income tax charitable deduction and continue to use the property for your benefit for as long as you live.

Planned gifts can be made in a variety of ways, and a Community West Foundation staff member is happy to provide assistance in creating a planned gift that's right for you. Contact us to learn more or get started.