How to Give
There are four easy ways to give to The Guilford Foundation and begin changing lives in our community. Every donation, regardless of size, improves the quality of life in Guilford.
Contribute to the General Fund
The Guilford Foundation is deeply committed to growing its unrestricted endowment, or General Fund, through annual contributions. Many of our grants are awarded from this fund, so contributing to the Foundation’s General Fund is an easy way to help build a better Guilford. In addition, you can donate to our other legacy funds as a way to support a special interest or to honor someone who has been recognized for their service to Guilford.
Planned Giving: Giving life to your legacy
Planned giving is a way to meet your personal goals, secure potential tax benefits, and carry on your own unique spirit of supporting the community. A planned gift to The Guilford Foundation creates a living legacy. Through The Guilford Foundation, donors can establish funds that will bring a long-lasting benefit to Guilford. There are many options to consider, and we welcome you to discuss these matters with your financial advisor or one of our board members.
A bequest is one of the simplest ways to make a planned gift. You work directly with your estate planning professional to incorporate your intentions into your Will. For roughly 15 minutes of your time, you can make a lasting impact on the quality of life in Guilford. In addition, you will retain full use of the assets during your lifetime and your estate will be eligible for a charitable tax deduction.
Below is some suggested language for your Will. A minimum of $10,000 is required to establish a named fund; however, the Foundation will gladly accept bequests of any amount.
“I give, devise, and bequeath to The Guilford Foundation, Inc., a nonprofit corporation (the “Foundation”), the following assets: [insert dollar amount, specific assets, percentage or residuary].
This gift will create an unrestricted fund (the “Fund”) for charitable purposes in accordance with the Incorporation Certificate and By-laws of the Foundation. The Fund will be named The [fill in the name you have chosen] Fund.”
Other Planned Giving Alternatives
There are many forms of planned giving, including more sophisticated giving options such as charitable lead trusts and charitable remainder trusts. These alternatives can help a donor facilitate a gift to The Guilford Foundation, while also providing income tax or gift/estate tax benefits.
In addition, The Guilford Foundation accepts contributions of publicly traded stock and securities, which is another effective way to contribute in a more tax-efficient manner.
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