The Mid-Shore Community Foundation provides tools and resources to make giving simple and effective.
Whether giving now or planning for a gift, each donor is unique - in their situation and in the causes they care about.
The Foundation is able to accept a variety of assets – cash, securities and other property.
Charitable donations are tax deductible and we offer maximum tax advantages.
Here are the basic giving options.
Donate to an Existing Fund
You may make a donation, in any amount, to any of the existing funds at the Mid-Shore Community Foundation. The Foundation is able to accept a variety of assets - cash, securities or other property - you may also donate online via credit card. Charitable donations are tax deductible.
Establish a Charitable Giving Fund
Charitable Giving Funds provide many of the advantages of private foundations, but with smaller asset requirements and without the costly and time consuming administrative responsibilities. You determine the name of the fund, choose your level of involvement and recommend grants to support the causes that are important to you. The Foundation manages the fund’s assets and handles all administrative requirements.
A Charitable Giving Fund may be funded with a gift of cash, securities or other property valued at $10,000 or more. Contributions to the fund are tax deductible and you may add to the fund at any time.
Giving via Charitable Gift Annuity
A Charitable Gift Annuity (CGA) is a type of planned gift between a donor and a charity, whereby the donor transfers assets to the the charity in exchange for fixed income payments for life. Once the payments end, any remaining assets are for the benefit of the charity. Rates are established by the American Council on Gift Annuities (ACGA) and payments are secured by the assets of the charity.
This amounts to reliable payments - for you or the beneficiary of your choosing - that continue throughout your lifetime, regardless of what happens in financial markets. All while, arranging for a generous charitable gift.
The minimum age for immediate life income beneficiaries is 55. A Charitable Gift Annuity may be funded with a gift of cash, securities or other property valued at $10,000 or more. The charitable gift will be excluded from your assets for estate tax purposes.
Giving via Bequest
Arranging for a Charitable Bequest is an excellent way for a donor to transfer assets to charity. Simply include the language in your will or living trust and the Foundation will manage your gift according to your wishes.