Year-end tax planning
Your client wants to give back to the community, but doesn’t have time to identify the most deserving charities. A donor advised fund through the Foundation offers an immediate tax deduction and the ability to stay involved in recommending uses for the gift for years to come.
Preserving an estate
Estate planning identifies significant taxes going to the IRS, but your client wants to direct dollars for local benefit. We can work with you and your client to reduce the taxable estate through a charitable bequest or other planned gift. Your client’s gift will create a legacy of caring in the community that stays true to his or her charitable intent forever.
Your client (and spouse) need an income for life, but want to support their charitable interests. A life income gift (such as a charitable remainder trust) will pay income, potentially for life. Upon your client’s death, the gift will be distributed by the Foundation in accordance with his or her charitable interests.
Establishing a private foundation
Your client is thinking about establishing a private foundation, but is looking for a simpler, more cost-efficient method. We can help you and your client analyze the pros and cons of creating a donor advised fund or a private foundation.
Achieving financial goals
Your client is facing substantial capital gains taxes and would like to avoid or defer the taxes. An outright gift to Yolo Community Foundation can have important financial benefits.
Closely held stock
Your client’s net worth is primarily tied up in a closely held company, but he or she desires to make contribution to the community. Establishing a donor advised fund or planned gift makes your client eligible for a tax deduction measured by the fair market value of appreciated stock (less any planned gift value).
Sale of a business
Your client owns highly appreciated stock in a company that is about to be acquired. Yolo Community Foundation can work with you to suggest several ways to structure a charitable gift (including the use of planned giving techniques) to help your client reduce capital gains tax and maximize impact to the Central Valley community.
Substantial retirement assets
Your client wants to leave his/her estate to community and family but has substantial assets in retirement accounts. We can help you and your client evaluate the most beneficial asset distribution to minimize taxes, giving more to his or her heirs and preserving charitable intent.
Your client wants to express his or her passion for giving back to community in specific ways. You and your client can work with our grant making experts to understand community needs and programs and then direct gift dollars to make the greatest impact.