Unrestricted Gifts
The benefits of giving to the Foundation’s unrestricted fund:
- A simple way to help tackle the community’s urgent issues
- Leverage your contribution by pooling funds with other donors
Unrestricted funds are not bound to a particular charity or cause. The Foundation’s expert staff, in partnership with our Board of Directors, direct these resources wherever the need is greatest.
By investing your philanthropic dollars with the Foundation, you not only join a local legacy that began over 100 years ago with The Chicago Community Trust, but also tap into a knowledgeable network of over 750 community foundations around the nation. This heritage of deep community knowledge guides the Foundation in applying unrestricted funds toward strategic community investment with measurable and lasting impact.
Together, we can improve the quality of life for all in Lake County. Join with other donors to pool your philanthropic resources.
Securities
The Foundation can accept gifts of appreciated securities to both establish a fund or to make a donation. These gifts often provide tax advantages. Their full fair market value is deductible as a charitable contribution up to 30 percent of your adjusted gross income. The added benefit of giving appreciated securities is the avoidance of the capital gains tax on the appreciated portion of the gift. Gifts of closely held stock enjoy the same tax benefits as with publicly traded stock.
Contact Wendy at 847-377-0520 x23 or [email protected] for donation information or to learn more.