Ways to Give
Contribute with Confidence
The Marietta Community Foundation is an Ohio not-for-profit
corporation. The Foundation is qualified as tax exempt under Internal Revenue
Code Section 501(c)(3). Gifts, contributions, bequests and foundation grants
qualify the contributors for U.S. income tax deductions under IRS Code Section
The National Standards seal shown with our name indicates
official confirmation from the Council on Foundations that we have met the most
rigorous standards in philanthropy and that we have demonstrated a commitment
to financial security, transparency, and accountability.
Cash, Securities, and Real Estate
The most common form of charitable giving is cash. Donors
can mail in cash or a check to the Foundation's office or stop by during office
hours. Credit Cards may also be used via Network for Good. Instructions for
Credit Card payments can be found here.
A gift of appreciated securities (such as stock, bonds, and
mutual funds) can also be used to establish a fund or add to an existing fund.
Gifts of real estate include a gift of a house or other
personal residence, farm, commercial building, and income producing or
non-income producing land. This type of gift must be evaluated by the
Foundation before being accepted.
Philanthropy offers valuable estate planning benefits and
allows you to build charitable giving into your estate plans. In addition to
providing for your loved ones, you may choose to create a unique fund at Marietta Community Foundation or add to one you have already established so that you can
make a difference for future generations.
Bequest by Will or Trust
Naming Marietta Community Foundation in your will or trust
means you can support your favorite causes and benefit the community in the
- Leave a specific dollar amount, percentage of your estate,
or what remains after other bequests have been satisfied.
- Create a named fund or give to an existing Marietta
Community Foundation fund
- Bequests to the Foundation qualify for a charitable
deduction for the full donation so your heirs will not pay estate tax on these
Charitable Remainder Trust
Giving through a charitable remainder trust allows you to
receive income for the life of the trust, with the remainder going to your
- It is a trust that pays either a fixed or variable income to
you or your named beneficiariesí for life or for a fixed term not exceeding 20
years, or a combination of the two.
- When the trust term expires, the remaining assets in the
trust pass to Marietta Community Foundation to establish a fund or add to an
existing fund at the Foundation.
- You receive a tax deduction for the present value of the
gift the year the trust is funded.
Charitable Lead Trust
A charitable lead trust (CLT) enables you make a significant
charitable gift now while transferring substantial assets to beneficiaries
- A trust is set up from which Marietta Community Foundation
receives annual payments through your lifetime for a specific number of years.
- The distributions go to your fund at the Foundation and then
to the charities you specify.
- When the trust terminates, the remaining principal is
returned to you or, more typically, your children or other loved ones at
reduced tax cost or tax-free.
Retirement Plan Assets
Having assets in your IRA or other qualified retirement
plans naming Marietta Community Foundation is a simple and effective way to
benefit the community while avoiding significant, often unanticipated taxes.
- You can designate that after your death, assets remaining in
the plan are to be contributed to a named fund at the Foundation.
Gift of Life Insurance
For those whose need for life insurance has decreased,
making a gift of an unneeded policy can be a convenient and effective way of
meeting your charitable goals.
- Transferring ownership of a cash value policy to Marietta
Community Foundation makes you eligible for a charitable tax deduction based on
its current value. You also reduce estate taxes, since the value of the policy
is removed from your estate.
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1788 Legacy Society
The 1788 Legacy Society was established by the Board of
Governors in 2000 to recognize individuals who have planned to leave a gift to
their community through the Marietta Community Foundation. A legacy
contribution includes any of the estate planning options explained above.
Philanthropy in the News