 are many benefits to making your charitable gift through the Community Foundation
for South Central New York.
Convenience
The Community Foundation’s purpose is to make it easy for you to meet your charitable goals. Whether
you want to set up an individual fund for a special purpose, ensure that the mission of a private foundation’s
endowment continues past the lifetime of its trustees, or simply write a check in support of the CommuniFund™, the
Foundation can help you do it quickly and with a minimum of difficulty. Or perhaps you’ve thought about setting up
your own private foundation, but find the costs and complexities daunting. The Community Foundation may be able to
offer you an alternative and still help you meet your charitable objectives, while providing significant cost
savings and tax advantages.
Flexibility
Do you want your gift to support grants in a field that especially interests you, such as the
arts or human services? Would you like to be able to recommend that your gifts be directed toward a particular
agency? Perhaps you’d like to support scholarships for young people going on to higher education, memorialize a
loved one with a named gift, or put  your contribution toward meeting some of our community’s more compelling needs. The Community
Foundation can provide you with a giving option that’s right for you.
Permanence
Communities and their needs change over time. Nonprofit agencies that once filled an important
niche in the life of the community may find themselves obsolete or even phased out entirely as circumstances
evolve. Foundations that were set up in response to a particular problem may discover that their resources are no
longer needed for that purpose. But the Community Foundation, designed to be responsive to a wide range of needs
and interests over generations, will be here to see to it that the your legacy to the community fulfills its
promise.
Tax Benefit
Your donation to the Community Foundation is tax-deductible to the fullest extent permitted by
law. And if you’re in a position to make larger gifts, we offer a range of giving options to maximize the impact
of your contribution while providing significant tax benefits.
Professional Management
The assets of the Community Foundation for South Central New York are managed by experienced
financial professionals at some of the country’s most significant firms. In addition, the Foundation’s Investment
Committee, comprising community volunteers with experience in fiscal management, oversees the Foundation’s
investment activities. All funds – the CommuniFund™ and special funds – are pooled for investment purposes.
Growth, earnings, distributions, and additional gifts are all calculated on a monthly basis to determine each
fund’s value.
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