Gifts Accepted by Los Altos Community Foundation

Los Altos community Foundation accepts many types of gifts. They include:

  • Cash
  • Appreciated securities. Clients earn a charitable tax deduction based on market value, which is often more favorable than donating after-tax income.
  • Charitable IRA Rollover allows individuals to donate up to $100,000 to charities without a tax penalty when given from the retiree’s individual retirement account (IRA)
  • Name LACF as a beneficiary of a retirement account (401(k) or IRA) or life insurance policy.
  • Include LACF in estate plans. Sample bequest language
  • Real estate
  • Partnership interests such as limited liability company interests and limited partnerships
  • Life Income Gifts such as:
    • Charitable Remainder Trust
    • Charitable Lead Trust
    • Charitable Gift Annuity