Give
Giving Options
What giving options are right for you?
Outright Gifts
Gift of Cash
Gift of Appreciated Stock
Gift of Real Estate
You can turn your property’s value into community good by making a gift of real estate to SEVACF. The value of your real estate may exceed that of any other asset you own. You may choose to give real estate outright and receive an immediate tax deduction, or retain the use of the property during your lifetime and make a planned gift to your SEVACF. A gift of real estate must be professionally appraised to establish its fair market value. It is also assessed for compliance with our acceptance policies to make sure its resale will provide the appropriate value to the community.
Build Your Legacy
Bequest by Will
Including a charitable bequest in your will is a simple way to make a lasting gift to your community. When you make this gift through SEVACF, we establish a special fund that benefits the community forever and becomes your personal legacy of giving. In doing so you leave a permanent bequest to your community, while enjoying the assets you need to maintain your current lifestyle. Plus, you are able to distribute some or all of your assets, tax free. You can give cash, appreciated stocks, or other assets. You can choose to give a stated dollar amount, a specific property, a percentage of your estate, the remainder after distributions to other beneficiaries, or you can make your gift contingent on certain events. You can decide to do it at any age by adding to an existing will or drafting a new one.
Charitable Remainder Trust
A Charitable Remainder Trust offers you a great deal of flexibility. Payments may be made to you or another beneficiary for life, or a specified number of years. Giving through a charitable remainder trust allows you to receive income for the rest of your life, knowing that whatever remains will benefit your community. You transfer assets into a trust, and the trust pays you, or a beneficiary you designate, regular income payments. Upon the beneficiary’s death or after a defined period of years, the remaining assets in the trust transfer to SEVACF. You may choose to receive a fixed income or one that changes with market conditions – income from the charitable remainder trust you establish may add up to more than interest and dividends you earned from holding the assets. The amount of annuity paid and the tax deduction received depends on the age of the recipient and the current annuity rate (as established by the Internal Revenue Service).
Charitable Remainder Unitrust
Pays the donor or others a designated percentage of the assets for a specified period of time, making the income variable. Additional contributions are permitted.
Charitable Remainder Annuity Trust
Pays the donor or designee a fixed dollar amount for a specified period of time. All assets must be contributed at inception, and no additional gifts are allowed. Payments are fixed, even if the value of the trust fluctuates.
Charitable Lead Trust
A Charitable Lead Trust enables you to make significant charitable gifts now while transferring substantial assets to beneficiaries later. A charitable lead trust helps you build a charitable fund with SEVACF during the trust’s term. When the trust terminates, the remaining assets are transferred to you or your heirs, often with significant transfer-tax savings. You transfer assets into a trust, which pays SEVACF an annual amount to build a charitable fund. During its term, the trust can be managed expertly by experienced trust professionals, which may help your trust investments grow over time. When the trust terminates, either upon your death or after a specified number of years, its final assets are transferred to those you designate; any growth in the trust passes to recipients at a reduced tax cost – sometimes even tax-free. A charitable lead trust shelters investment earnings from tax, and it offers gift, estate, and generation-skipping tax benefits.
Charitable Lead Unitrust
Pays the fund you establish or a particular endowment at SEVACF a designated percentage of the assets for a specified period, making the income variable. Additional contributions are allowed.
Charitable Lead Annuity Trust
Pays to the fund you establish or a particular endowment at SEVACF a fixed dollar amount for a specified period. All assets must be contributed at inception, and no additional gifts are permitted. Payments are fixed, even if the value of the trust fluctuates.
Charitable Gift Annuity
Gift of Life Insurance
Retirement Account Assets
Create a Charitable Fund
Small Efforts, Big Impact
Kroger Community Rewards
Did you know that you can support your community foundation just by shopping at Kroger? Well, you can!
Anyone with a Kroger Plus Card can contribute by enrolling in the program and selecting the Southeast Virginia Community Foundation as their charity to support.
Once your Plus Card is linked to SEVACF, we’ll begin earning money each time you shop at Kroger and swipe your card. Fund-raising for your community foundation has never been easier!
Visit kroger.com/communityrewards and enter organization number 81295 to begin earning rewards for SEVACF!