Make a difference this Holiday Season!
In this year of exceptional challenges, the Oldham County Community Foundation and the Community Foundation of Louisville thank you for your partnership and work to strengthen our community through philanthropy.
As the holiday season draws near, we wanted to remind you of the benefits of making new charitable gifts into your fund. When you contribute to your fund, you aren’t just giving money—you’re creating the opportunity to make a lasting impact in our community.
Our team is here to help you and to ensure that any new contributions are received by December 31st, which may allow you to take a tax deduction in this calendar year. Did you know that publicly-traded stock and other marketable securities make some of the best charitable gifts? You can potentially eliminate your capital gains tax exposure and qualify for a deduction based on the fair market value of the donated stock.
For Current Fundholders
Gifts to your fund
All gifts must be postmarked or received by December 31st in order to be treated as a charitable contribution in the 2020 calendar year. If you’re making a gift of stock, please be aware that it can take several business days for the stock gift to be processed and received. We recommend that you begin working with your broker by mid-December to ensure that your gift is received by December 31st. If you have other questions about making a gift to your fund, please contact us at [email protected]
Grants from your fund
We encourage you to submit your grant recommendations by Sunday, December 6th to ensure that your grant is received by the nonprofit organization by December 31st. For grants submitted after December 6, we will give our best effort to process them within our normal 5 – 10 day timeline and will notify you if there will be a delay. For questions about grants from your fund, please contact [email protected]
Not Yet a Fundholder?
If you are new to the Community Foundation of Louisville and the Oldham County Community Foundation, we want to share the benefits of establishing a personal charitable giving account with us. We offer both Donor Advised Funds and Charitable Checking Funds for generous individuals who want to simplify, organize, and maximize their charitable giving.
With both options, you’re eligible for an immediate tax deduction at the time you make a gift into your fund, then you can use your fund any time in the future to support your favorite charities. A Donor Advised Fund can grow through investment gains, which can create more charitable dollars for you to give away. And both funds can easily accept gifts of marketable securities, potentially eliminating your capital gains tax exposure.
Creating a charitable fund at the Community Foundation can be a vital tool that maximizes your charitable resources, allows you to support the causes you care about most, and helps you make a lasting difference in our community. To learn about these fund options, please contact Anne McKune at [email protected].
We wish you and your families a Happy Holiday!