Legacy Society

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Invest In The Future. Make our Community Better Join the Legacy Society

The Legacy Society is a group of dedicated individuals who recognize the value of the Community Foundation of East Central Florida and want to support our mission to enhance the quality of life in East Central Florida.

The role of the Legacy Society is also to broaden public awareness and understanding of the Foundation through the sharing of ideas and information with other Legacy Society members, foundation donors, board members, and staff.

Your planned gift to the Community Foundation of East Central Florida will have meaning and impact for years to come. We honor those who have made a lasting commitment to our community by including charitable gifts to the foundation in their estate or by irrevocable gifts to our Community Investment Endowed Fund.

Those who remember the foundation through a will, trust, designation or other planned gift, or give to our Community Investment Endowed Fund, are invited to join in the community foundation’s Legacy Society, recognizing this special form of lasting philanthropy.

Involvement in the Legacy Society gives you the opportunity to enjoy the company of others who, like yourself, care about leaving a legacy to protect and strengthen this community. Members are recognized in community foundation publications and at events such as our annual meeting.

You may always choose to remain anonymous in your philanthropy with the Community Foundation of East Central Florida. However, participation in the Legacy Society can be an inspirational experience, and may encourage others to look toward the future and how they too may have an enduring impact on the causes they care about.

Vision for the Legacy Society
Gifts to the Legacy Society are acts of hope for the future of our foundation and the community.

Forms of Planned Giving

A Bequest in a Will:
The easiest and most common way of making a planned gift is through a bequest in your will. You can designate a specific amount of money, a percentage of your estate, or a specific asset. The Community Foundation can also be named as a contingent beneficiary.

Life Income Gifts:
Gifts such as a charitable gift annuity, a charitable remainder trust, or a pooled income fund provide you and/or your designated beneficiary income for life. Upon your passing, the foundation receives the gift. Life income gifts generally reduce or eliminate certain taxes and guarantee an income for life.

Life Insurance:
Life insurance can be used to make a sizeable gift to Community Foundation or one of its funds. For example, you can purchase a new policy and make the community foundation the owner and beneficiary of the policy. You can make CFECF the owner and beneficiary of an existing policy you no longer need. Or you can name CFECF a contingent beneficiary of an existing policy. Your life insurance could “endow” your own Donor Advised Fund

A Life Estate:
You can deed your home, vacation property, or condominium to CFECF and retain the right to live in the property and/or receive income from the property for as long as you or your beneficiaries live. A life estate gift reduces capital gains, inheritance and estate taxes and offers an income tax deduction as well. Consider including how planned gifts can be funded. Depending on the type of planned gift, different assets may be used to fund it. Cash, appreciated securities, appreciated property, or personal property (such as jewelry or art) may be options. Check with your financial and legal advisors before making a gift.

Designating Your Gift

Contact the community foundation if you would like more information about planned giving or have made a decision to leave a legacy gift.