• Maximum allowable charitable income tax deduction in the year the gift is made
• Elimination of capital gains taxes on gifts of appreciated property
• Reduction of any estate taxes that might be assessed if the property remained in your taxable estate.

There are a number of ways for individuals, families, corporations, and even private foundations to make outright gifts to GCF (sometimes called inter vivos or current gifts). Our staff can help you incorporate charitable giving into your financial and estate plans. GCF can accept gifts of cash, publicly-traded securities, insurance policies, retirement plan assets, and, under certain circumstances, real estate, closely held stock, and partnership interests.

Gifts may be added to an existing fund or they may be used to establish a new fund that is named at the donor’s discretion. GCF offers four different types of funds depending upon the degree of involvement the donor wishes to retain with respect to grantmaking from the fund. Donors who wish to establish a fund by making must start by selecting the fund type that meets their needs.

GCF can assist donors (and/or their advisors) in preparing a simple two-page Declaration of Gift document that sets out the parameters of the charitable fund. For more information about making outright gifts to GCF, contact Margaret Gaither, Giving Strategies Officer, at (513) 241-2880.

Deferred Gifts
Frequently individuals want to make a significant charitable gift to the community through The Greater Cincinnati Foundation but feel that their generosity must be tempered by the financial responsibilities they have to themselves and their family. They hesitate to part with assets today that may be needed tomorrow to meet family obligations. A planned or deferred gift is a way that a donor can make a commitment for a significant charitable gift in the future without neglecting other obligations.

Some deferred gifts(charitable remainder trusts and charitable gift annuities) provide you with a life income stream from the gifted assets. Others may enable donors to minimize estate taxes and to leave a true legacy to their local community.

GCF offers a variety of tools for structuring a deferred gift, including:
Bequests
Charitable Gift Annuities
Life Insurance
Retirement Plan Assets
Charitable Remainder Trusts

Note: The legal name to include GCF as a beneficiary or in a bequest of any kind is:  The Greater Cincinnati Foundation, an Ohio nonprofit corporation.