Ways to Give
The Siouxland community benefits from both large and small gifts given through the Community Foundation. You don’t have to be wealthy to make a difference. You can have a lasting impact on the quality of life in Siouxland, right here, right now, and for years to come. Gifts to endowment funds are gifts that continue to enhance the quality of life in Siouxland year after year. For good. For ever.
All contributions to the Siouxland Community Foundation are deductible to the greatest extent allowed by law. Choose from the following options to make a lasting difference in Siouxland:
CASH – The simplest way to give and may qualify for maximum allowable income tax deductions and can be designated to a specific fund administered by the Foundation.
SECURITIES – Contribute marketable or closely-held securities. Deduct the fair market value, and avoid capital gains tax on appreciated assets.
RETIREMENT PLANS – Give Directly from Your Account
You can make a charitable gift using assets from your 401(k), 403(b), IRA, or other retirement plan. Gifts from retirement accounts are a tax-smart way to support the Siouxland nonprofits.
Use Your Required Minimum Distribution (RMD): You may direct all or part of your RMD from an IRA to a Foundation fund. Gifts made this way do not count as taxable income, helping reduce your tax burden while making an impact in your community. Note: RMD gifts cannot be directed to donor-advised funds.
REAL ESTATE – Gift a residence or other property and receive a deduction for the appraised value while avoiding capital gains tax. In some cases, you can give a future interest in a residence while retaining a life interest.
GIFTS OF GRAIN – Farmers can donate grain directly to the Foundation, avoiding taxable income from the sale while still deducting production costs—an effective way to give while preserving cash flow.
LIFE INSURANCE – Gift a new or existing policy and name the Foundation as owner or beneficiary. You receive an immediate charitable deduction, and proceeds pass to charity free of estate tax.
BEQUESTS – Include the Foundation in your will or trust. This strategy can reduce estate and inheritance taxes while leaving a lasting legacy. Even a small portion, such as 1% of your estate, can make a meaningful impact on the community for years to come.
CHARITABLE REMAINDER TRUSTS – Create a trust that provides income to you or a family member, with the remainder establishing a charitable fund upon passing.
CHARITABLE LEAD TRUSTS – Provide income to a charitable fund for a set number of years, with the remainder returning to you or passing to heirs.
PRIVATE FOUNDATION TRANSFER – Transfer assets from an existing private foundation to gain public charity status, reduce administrative burdens, and ensure permanent fund management.
There is so much more we’d like for you to know. For more information and ideas on ways to integrate your financial planning with charitable giving, ask your financial advisor or contact the Siouxland Community Foundation.
Siouxland Community Foundation’s Tax ID: 42-1323904
Mailing Address: 4425 Singing Hills Blvd., STE 100, Sioux City, IA 51106
Access our Online Giving Portal HERE
Click here to view our Gift Acceptance Policy.
