 Type
of Gifts
Charitable Assets
 You
may support us by gifts of cash, appreciated stocks, bonds, real
estate, or other assets. Your charitable gift qualifies for the
maximum tax advantage under state and federal law.
Gifts of Appreciated Stock
If you have been lucky, your stocks
have grown in value. A gift of stock qualifies for an immediate
tax deduction equal to the full market value. Currently, you do
not pay income tax on the increase in value; however, it is wise
to check with your tax advisor.
Gifts of Real Estate
A charitable gift of owned real
estate can also be used to fulfill your charitable interests,
and you may receive substantial financial and tax benefits,
especially if you have owned these assets for quite some time.
Consult your tax advisor.
Gifts of Other Assets:
Contact us. We will be happy to
research the feasibility of SMSCF accepting your gift.
Directing Your Contributions
 Donors
may direct their contribution to any one of the following:
Donor Advised
Allows donors to be actively involved
in and recommend grants to qualifying charitable organizations
and causes. Minimum $10,000 donation.
Field of Interest
These donations are permanently
dedicated to a special area of interest such as the arts,
schools, senior or youth programs, etc. Minimum donation $200.
Scholarship Fund
For donors wishing to make education
available to individuals in their communities, we maintain a
scholarship fund. Donations to this fund have no minimum.
Memorial and Honorary Funds
Remembering those in our lives who
were and are important. Minimum donation $50.
 Unrestricted
and Operational Funds
Gifts not specified for placement in
a specific fund are placed in Unrestricted Funds. Donors place
no restriction on where these funds are used, but they are
subject to governmental regulations as are all of our funds.
These donations allow the Foundation flexibility to address the
most relevant and essential needs in our community and to pay
for our own operational expenses. We assess 5% of all gifts for
operational expense needs and to increase the Foundation’s
Assets. Presently we have no paid staff; all work is done by our
Board Volunteers, and most our supplies are donated by the
Board.
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