We all care deeply for Mason County and we know you do as well. The Community Foundation of Mason County gives you many ways to make a lasting impact on our local community.
- Contribute any amount desired to existing funds (click here for a list of existing funds);
- Establish new, named funds to accomplish personal, family or corporate giving goals; or
- Create a new fund, name it, and define its charitable purpose. Grants from your fund carry your name, or if you prefer, are awarded anonymously.
A brief agreement using the Foundation’s standard forms guides grant making from each charitable fund. The Foundation staff works closely with you or your professional advisor to develop a mutual fund agreement.
Types of Community Funds
Unrestricted funds give you the ability to support a variety of community needs. These funds work with the Foundation’s Community Grants Program to support the community’s greatest and most immediate needs.
- Field of Interest Funds – support broad areas of concern: youth, arts, health, education, etc.
- Donor Designated Funds – allow you to target funds for particular organizations
- Donor Advised Funds – keep you actively involved in making grants
- Agency Endowment Funds – support a specific non-profit agency forever
- Scholarship Funds – provide educational support for deserving local students
- Administrative Fund – supports the Foundation Operation and its community challenge programs
The Foundation can help you convert a private foundation to a Foundation fund, assigning the administrative support work to the Foundation while allowing you to have the joy of making grants. All fund types can be built over a five-year period through our Building Fund Program.
Types of Gifts
Almost any asset can be contributed to the Community Foundation. While cash is common, publicly traded securities, closely held stock, real estate, life insurance, tangible personal property and private foundation assets can also be donated. Appreciated stock often makes a better gift than cash as the charitable tax deduction is based on the average stock value on the gift date and no tax is paid on the gain. The Foundation staff encourage you to consider other options such as bequests and planned gifts (charitable remainder or lead trusts, etc.). As a public charity, gifts to the Community Foundation qualify for the most favorable levels of tax deduction, with tax benefits exceeding those allowed for private foundations.
Legacy (Planned) Gifts
One of the best ways to ensure a better future for our community is to leave a community legacy gift through a will or planned gift. Contact our Foundation staff or consult with your professional tax advisor to identify which gift best fits your personal situation.