Charitable Giving

Giving Back for Future Generations

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Give Where You Live

For two decades, the Community Foundation of Hancock County (CFHC) has partnered with generous donors, local businesses, and passionate community members to drive meaningful change. Every dollar given stays local—supporting educational programs, enhancing public spaces, backing community development initiatives, and empowering local nonprofits.

Whether you want to support immediate community needs, honor a loved one, or leave a lasting legacy for future generations, your gift directly transforms Hancock County.

Ways to Give

We offer flexible giving options designed to fit your unique financial goals and charitable intent:

Cash

Cash is one of the easiest ways to establish a fund or add to an existing fund at a community foundation.

Shares of Business Interest

Shares of Business Interest allow the donor to receive the maximum tax deduction allowed and avoid capital gains tax. Business interests can be used as part of a planned succession or a sale to an outside party.

IRA Charitable Rollover

IRA Charitable Rollover is available for individuals 70 ½ and older to use the required minimum distribution from their individual retirement accounts and give to the causes they care about.

Appreciated Stock Gifts

Appreciated Stock Gifts help the donor avoid capital gains taxes and earn a charitable tax deduction based on market value. The gift is then used to establish a fund or is added to an existing fund that benefits the local causes and organizations the donor cares about most.

Farm Equipment

Farm Equipment that has been depreciated provides an opportunity to avoid recapturing the sale proceeds as ordinary income when given to the community foundation.

Grain

Grain allows the donor to support organizations and communities while enjoying the tax advantages of not claiming the sale of the grain as income.

Real Estate Gifts

Real Estate Gifts provide an opportunity for the donor to receive the maximum tax deduction allowed and avoid capital gains tax. Real estate includes personal, commercial and vacation properties.

Bequests

Bequests establish charitable giving funds through a donor’s will. In doing so, the donor is able to distribute some or all of his/her assets tax free.

Insurance Policies

Insurance Policies can benefit a fund at the community foundation.

Farmland

Farmland can be sold or retained with the community foundation and provides an opportunity for donors to avoid capital gains tax, while also realizing a deduction on the fair market value of the land.

Retirement Plans

Retirement Plans allow the donor to name a charitable giving fund at the community foundation as a beneficiary of assets.

Life Estates

Life Estates allow a donor to give a residence or farmland but retain its use and the rental income over their lifetime. Donors create a future gift to charity, continue to benefit from the asset and receive a partial tax deduction now.

We're Here to Help
Need Help Deciding?

Our board of directors is always ready to help each donor choose the best giving option for them. We understand there are lots of options, and we want to help you choose what fits best with your goals. Fill out the form here, or contact us using our other channels to get started on your legacy!