Ways to Give

Madison Community Foundation accepts a wide variety of assets to start a new endowment fund or add to an existing fund.

In addition, MCF can facilitate gifts now, during your lifetime, as well as through your will or estate plan.

Cash

We accept checks, credit cards, and monthly contributions from a savings or checking account through an electronic funds transfer. Checks may be made payable to Madison Community Foundation, with the name of the fund included in the memo field. Checks should be mailed to: Madison Community Foundation, 2 Science Court, Madison, WI 53711. For an electronic funds transfer, we can easily set that up for you - simply download the EFT Form [PDF] to print, complete, and return the form via mail or fax (608-232-1772).

Stocks and Mutual Fund Shares

Giving appreciated securities and mutual fund shares offers an immediate charitable deduction for the full fair market value of the donated assets, as well as avoidance of any capital gains tax on the appreciation. Give these instructions (download the PDF here) to your broker if you wish to contribute shares of publicly traded stock. Please contact us to discuss how to transfer mutual fund shares.

MCF may accept gifts of closely held business interests on a case-by-case basis.

Life Insurance

Life insurance is one of the easiest ways to leave a legacy. If the policy premiums are complete, simply name Madison Community Foundation as beneficiary. If premium payments are needed, you may assign your insurance policy to MCF and continue to make annual, tax-deductible contributions to cover the premium. When making your beneficiary designation, use the following - Legal Name: Madison Community Foundation, Tax ID: 39-6038248

Real Estate

Gifts of real estate may include residential, commercial, industrial or undeveloped property. You can make a gift of real property now or through your estate plan. A gift of real estate you have owned for more than one year may entitle you to a tax deduction for the full fair market value of the property while allowing you to avoid capital gains taxes.

MCF may accept gifts of real estate on a case-by-case basis.

Retirement Plan Beneficiary Designation

Naming MCF as beneficiary of your Individual Retirement Account (IRA), 401(k) or 403(b) is an economical alternative to family beneficiaries due to the taxes incurred by individual recipients. Completing a Statement of Intent [PDF] outlines the impact you would like to make through your future gift. When making your beneficiary designation, use the following - Legal Name: Madison Community Foundation, Tax ID: 39-6038248

Charitable Gift Annuities

A charitable gift annuity allows you to make a tax-deductible gift today and receive a guaranteed income for your lifetime and the lifetime of another, if you choose. Annuity payments may begin now or be deferred. The older the donor, the more favorable the annuity payment. CGA donors receive significant tax benefits, including an immediate charitable tax deduction for a portion of the gift amount, and a portion of each income payment is considered a tax-free return of principal.

Bequest in a Will

Naming MCF as a beneficiary in your will allows you to support your charitable interests while retaining complete control of your assets during your lifetime. Bequests can be a specific dollar amount, a percentage of your estate, or what remains after other bequests, such as those to family members, are satisfied. When making your beneficiary designation, please use the following legal name and Tax Identification Number: Madison Community Foundation / Tax ID: 39-6038248

Click here [PDF] for sample text to consider when including Madison Community Foundation in your will or estate plans.

Is Madison Community Foundation included in your will or estate plan? Please let us know by sending this confidential Statement of Intent [PDF] to document the impact you plan to make through your gift. Information you provide is not legally binding and may be changed at any time in the future.

MCF is a great organization to work with. They not only believe in endowments for the future, but they give support and sound management through a dedicated staff, and they network throughout the community and help us focus on needs and solutions that we might not otherwise be aware of or know how to address.”

– Judie Pfeifer, donor

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