How To Give

The way you give your gift to the Community Foundation depends on the type of impact you would like your gift to have: immediate support for the community or a lasting legacy for a cause.

Donors who have made arrangements for deferred giving are eligible to join the Legacy Society.

To make a cash gift, donate online or mail your check directly to the Community Foundation . For all other giving, please contact your independent personal financial advisor or a member of the Community Foundation staff.

Current Giving made during your lifetime can be initiated at any time you are ready to make a contribution. You can play an active role in directing your gift toward specific funds, organizations or causes and will be able to see the results of your gifts in the community.

An Endowment will generate grants or scholarships in perpetuity. Endowment funds are carefully invested in a diverse portfolio of stocks and bonds to generate earnings that will be a permanent source of community capital, helping to continue your good work forever.

Bequests are made through wills or trusts after death. A person can leave an entire estate, a specific amount, or a percentage of an estate to the Community Foundation. This is an especially attractive way to establish a family legacy for the community while minimizing federal estate taxes. We are bound by law to carry out our donors' charitable interests in perpetuity, acting as steward for the funds and ensuring that the recipients continue to be viable charities.

Private Foundations can make a direct gift or transfer assets to the Community Foundation to preserve identity and purpose of the original donor. The donor or others designated by the donor can participate as fund advisors. Because the Community Foundation is a public charity, there are no taxes to pay and we are responsible for all accounting and reporting requirements. Also, the donor has the assurance that a permanent nonprofit organization is in place to administer the fund forever.

The Community Foundation of
Elmira-Corning and the Finger Lakes, Inc
301 South Main Street
Horseheads, NY 14845
Tel: 607-739-3900
Fax: 607-739-3971

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