You can support the arts, enrich education, protect the environment, provide human services, safeguard health, foster a stronger community and more. Our program staff has broad expertise and can target grants to make a difference where support is needed the most.
Any time you are drafting or changing your will or estate plan, you will want to consider charitable gifts. Your financial or legal advisor can provide guidance related to your personal estate, beneficiaries, income goals, taxes and other considerations. In addition, you may find it simpler to designate the Community Foundation as a beneficiary to your 401(k), IRA or life insurance policy. When you notify us of your intentions, you automatically become a member of the Legacy Society.
We realize individual circumstances vary. We value and appreciate all gifts and believe the best gift is the one that's right for the giver. Named funds require a minimum gift of $5,000 for the lead foundation, the Community Foundation for Northeast Michigan, and $1,000 for any of our affiliate foundations (Iosco County Community Foundation, North Central Michigan Community Foundation and Straits Area Community Foundation).
Call your estate advisors, talk to us, or consult with both. We provide confidential philanthropic services to prospective donors and their advisors, without pressure or obligation.
Planning an estate gift allows you to strategically accomplish both financial and charitable objectives. For some people, a large charitable gift during their lifetime can be financially uncomfortable--since they may be uncertain about their health, wealth and personal commitments. An estate gift may make more sense.
You can still fulfill your personal goals of preserving your family name, honoring loved ones, providing for heirs, minimizing tax burdens and supporting the community you call home.
Your professional advisor can recommend your most tax-advantaged assets any time you make a charitable gift. Many people choose to give stocks, real estate and other highly appreciated assets during their lifetime and designate 401(k), IRA and other retirement assets upon their death.