What to Give
Community Foundation accepts cash, appreciated securities, real estate, or other tangible assets. Your tax advisor or estate planner should be involved in your charitable giving plans to help you make the best choice for your philanthropic and financial goals.
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.Cash
A cash gift is the simplest way of making a charitable contribution. Cash gifts are fully deductible for federal income tax purposes.To make a cash donation by credit card, donate online: DONATE
To make a cash donation by check, mail your check to:
Community Foundation of Elmira-Corning and the Finger Lakes
307 B East Water Street
Elmira, NY 14901
Appreciated Securities
Gifts of stocks and bonds, including stocks in closely held companies, provide important tax advantages to the donor. The full fair market value of the donated appreciated securities is fully deductible as a charitable contribution for federal income tax purposes.Real Estate
A gift of real estate can provide many tax advantages. Please contact our staff to discuss the details of such a gift.Retirement Plan Assets
Using IRAs and other retirement plan assets is a farsighted and thoughtful way to make a charitable contribution. Retirement plan assets are potentially subject to both income and estate taxes. Naming the Community Foundation as the beneficiary of a retirement plan—including IRAs, 401(k)s, and profit sharing plans—may eliminate estate and income taxes in some cases.Life Insurance
By assigning ownership of a life insurance policy to the Community Foundation, you may receive a tax deduction for the cash value of the policy and the premiums paid each year.Call the Community Foundation with any questions regarding donations 607-734-6412.
