NEWS & MEDIA

  Section of the Internal Revenue Code that designates an organization as charitable and tax exempt.  Organizations qualifying under this section include religious, educational, charitable, amateur at [..]

  A collection of assets designated to benefit a specific community, generally a geographic service area that operates under the guidance of, or in accordance with a formal agreement with, a community [..]

Established by a nonprofit agency for the benefit of the nonprofit agency.  The community foundation regularly distributes the annual net earnings back to the agency for purposes established by the ag [..]

  A gift by will to a specific recipient.  A charitable bequest is a transfer at death by will to a nonprofit organization for charitable purposes.

  A grant this is made on the condition that other monies must be secured, either on a matching basis or via some other formula, usually within a specified period of time, with the objective of stimul [..]

A gift of cash or securities in exchange for the promise of lifetime income, immediate (CGA) or deferred (DCGA).  A charitable gift annuity is a contract between the donor and charity that is part cha [..]

  A charitable lead trust (CLT) pays the trust income to a charity first for a specified period, with the principal reverting to the donor or going to other person(s) at the end of the period.  If it [..]

  Charitable purposes include the relief of poverty, the advancement of education or religion, the promotion of health, governmental or municipal purposes, and other purposes the achievement of which [..]

  A gift plan that provides income to one or more beneficiaries for their lifetime, a fixed term of not more than 20 years, or a combination of the two.  Assets, usually cash, securities, or real esta [..]