Ways to Give
Contribute with Confidence
The Marietta Community Foundation is an Ohio not-for-profit corporation. The Foundation is qualified as tax exempt under Internal Revenue Code Section 501(c)(3). Gifts, contributions, bequests and foundation grants qualify the contributors for U.S. income tax deductions under IRS Code Section 170.
The National Standards seal shown with our name indicates official confirmation from the Council on Foundations that we have met the most rigorous standards in philanthropy and that we have demonstrated a commitment to financial security, transparency, and accountability.
Cash, Securities, and Real Estate
The most common form of charitable giving is cash. Donors can mail in cash or a check to the Foundation's office or stop by during office hours. Credit Cards may also be used via PayPal. Instructions for Credit Card payments can be found here.
A gift of appreciated securities (such as stock, bonds, and mutual funds) can also be used to establish a fund or add to an existing fund.
Gifts of real estate include a gift of a house or other personal residence, farm, commercial building, and income producing or non-income producing land. This type of gift must be evaluated by the Foundation before being accepted.
Philanthropy offers valuable estate planning benefits and allows you to build charitable giving into your estate plans. In addition to providing for your loved ones, you may choose to create a unique fund at Marietta Community Foundation or add to one you have already established so that you can make a difference for future generations.
Bequest by Will or Trust
Naming Marietta Community Foundation in your will or trust means you can support your favorite causes and benefit the community in the future.
- Leave a specific dollar amount, percentage of your estate, or what remains after other bequests have been satisfied.
- Create a named fund or give to an existing Marietta Community Foundation fund
- Bequests to the Foundation qualify for a charitable deduction for the full donation so your heirs will not pay estate tax on these assets.
Charitable Remainder Trust
Giving through a charitable remainder trust allows you to receive income for the life of the trust, with the remainder going to your community.
- It is a trust that pays either a fixed or variable income to you or your named beneficiaries’ for life or for a fixed term not exceeding 20 years, or a combination of the two.
- When the trust term expires, the remaining assets in the trust pass to Marietta Community Foundation to establish a fund or add to an existing fund at the Foundation.
- You receive a tax deduction for the present value of the gift the year the trust is funded.
Charitable Lead Trust
A charitable lead trust (CLT) enables you make a significant charitable gift now while transferring substantial assets to beneficiaries later.
- A trust is set up from which Marietta Community Foundation receives annual payments through your lifetime for a specific number of years.
- The distributions go to your fund at the Foundation and then to the charities you specify.
- When the trust terminates, the remaining principal is returned to you or, more typically, your children or other loved ones at reduced tax cost or tax-free.
Retirement Plan Assets
Having assets in your IRA or other qualified retirement plans naming Marietta Community Foundation is a simple and effective way to benefit the community while avoiding significant, often unanticipated taxes.
- You can designate that after your death, assets remaining in the plan are to be contributed to a named fund at the Foundation.
Gift of Life Insurance
For those whose need for life insurance has decreased, making a gift of an unneeded policy can be a convenient and effective way of meeting your charitable goals.
- Transferring ownership of a cash value policy to Marietta Community Foundation makes you eligible for a charitable tax deduction based on its current value. You also reduce estate taxes, since the value of the policy is removed from your estate.
1788 Legacy Society
The 1788 Legacy Society was established by the Board of Governors in 2000 to recognize individuals who have planned to leave a gift to their community through the Marietta Community Foundation. A legacy contribution includes any of the estate planning options explained above.