Give

A gift of cash is the most popular way to donate because of its simplicity. A cash gift of any size is always welcome. Please mail gifts to: The Spartanburg County Foundation, 424 E. Kennedy Street, Spartanburg, SC 29302.

You may give stock and receive a tax deduction for its full market value, thus reducing capital gains tax on appreciated stock. This is often the most effective way to make a philanthropic gift. Click here to download a sample letter which can be used to facilitate your stock gift.

For more information, read our online booklet about Gifts of Stock.

The Foundation will accept most gifts of real estate. Such a gift allows you to avoid taxes on capital gains, thus enabling you to provide a greater benefit to the designated nonprofit.

For more information, read our online booklet about Gifts of Real Estate.

You can name the Foundation, or other qualified nonprofits, as owner of a paid-up life insurance policy. You receive a tax deduction and gift credit based on the current value of the policy.

For more information, read our online booklet about donating a Gift of Life Insurance, or watch the video below which explains one of these types of funds, the Greg and Liberty Canzater Fund.

Greg and Liberty Canzater Video

You may use many different assets to establish trusts that will benefit you and your heirs for life or for a specified period of time. The remaining interest in the trust is earmarked for designated nonprofits. These trusts provide significant tax benefits for you.

For more information, read our online booklet about a Charitable Remainder Trust.

A charitable lead trust is the reverse of a charitable remainder trust, enabling you to transfer assets to heirs with a lower tax burden. Once such a trust is established, you may then designate nonprofits to receive benefits for a specified period of time before the assets go to designated heirs.

For more information, read our online booklet about a Charitable Lead Trust.

Upon death, an investor’s unused IRA assets will be heavily taxed, consuming anywhere from 60 percent to 80 percent of the monetary value between estate and income taxes. You can avoid this by naming a tax-exempt charity such as The Spartanburg County Foundation or a fund managed by the Foundation with your unspent retirement assets.

For more information, read our online booklet about a IRA Opportunity.

Agency endowment funds help your nonprofit organization meet both current and future needs. The Foundation handles all investment and administrative responsibilities, leaving your organization free to pursue its charitable mission.

By opening a donor-advised fund, you retain ongoing involvement in the use of your gift. With a donor-advised fund, you work directly with our professional staff, identifying ways to use dollars from your fund to address the issues you care about most.

Through a field-of-interest fund, you can target gifts to benefit the cause most important to you: arts, health services, education, neighborhood revitalization, youth welfare, and more. The Foundation awards grants to community organizations and programs addressing your special interest area.

By opening a scholarship fund, you can invest your gift in the community’s future, all with the guidance and personal services of your community foundation. You determine the criteria students must meet to receive the scholarship you establish. With your assistance, students can achieve their academic and career goals.