Frequently Asked Questions 1. What assets can I use to make a gift to a fund at the Delaware Community Foundation? Through your will or with a distribution from a retirement plan or life insurance policy, your gift can be designated to a fund at the Delaware Community Foundation in accordance with your wishes. 2. What sort of gift plans also return income
to me? 3. What tax deduction will I receive for
my gift?
4. I want to set up a life insurance policy,
name the Delaware Community Foundation as beneficiary, but retain ownership
of the policy. Can I deduct the premium payments I make? 5. I’ve heard that transferring gifts
of IRA assets to charity is advantageous. Why? 6. I'm interested in establishing a charitable
gift annuity. What financial provisions will you make for the
income payments to me and my spouse? |