Becoming a Philanthropist

When we delve into the makeup of our city, we see that visions for the future are personal and that giving is often connected with individual values and goals. The Foundation will work with you to establish a charitable giving experience that will address your concerns while making it easy to give so you can enjoy the benefits of your philanthropy. We will help you give in a way that is both deeply meaningful and effective.

For 33 years, the Foundation has served as a trusted philanthropic advisor for individuals, families and businesses. We assist you whenever you need us, providing solutions and services tailored to your objectives. Additionally, we work with our community partners, grantees and other interested partners to discover how we can make the most impact with each dollar donated.

A variety of fund types allow your gift to benefit the programs, individuals, focus areas or organizations you care about. Funds can be created in as little as one meeting, with a short fund agreement and a single gift, or grown over a two - to five-year period. Additional gifts can be made to your fund at any time.

Cash, check or credit card The simplest types of charitable gifts may be the easiest to give. Stocks, Bonds and Mutual Funds Gifts of appreciated stocks, bonds and mutual funds result in a charitable deduction for the full market value of the donated asset, even if you bought it for far less, and help you avoid capital gains tax.

Life Insurance

You may name the Albuquerque Community Foundation as sole beneficiary of your policy, transfer ownership and receive a tax deduction for the policy’s cash value. Real Estate We can help you turn a home, a business or land into a charitable gift.

Charitable Bequest The simplest gift is a bequest in your will or trust that directs specific assets or a percentage of your estate to be used to establish a fund or to be added to an existing fund. A bequest will reduce estate taxes while growing your charitable legacy. Life Insurance Naming the Albuquerque Community Foundation as a beneficiary of your insurance policy enables you to create a charitable legacy without using cash and other assets designated for your heirs. Purchase a policy, make the Foundation the owner and beneficiary, and then make a gift to the Foundation in the amount of the annual premium. Take that amount as an annual tax deduction. Retirement Account Double taxation on retirement plan withdrawals decreases their value for your heirs. Consider providing other assets to heirs and naming the Albuquerque Community Foundation as the beneficiary of your retirement accounts. You can avoid taxes and preserve your assets for the good of your community. Charitable Remainder Trust Place cash or property in a trust that pays annual income to you (or another named beneficiary) for life. After your death, the remainder of the trust transfers to the Foundation and is placed into the charitable fund you have selected. You receive income tax benefits for the year in which you establish your trust. Charitable Lead Trust Place cash or property into a trust that pays a fixed amount to the Foundation for the number of years you select. Once the period ends, the assets held by the trust are transferred to the beneficiaries you name. In some cases, you receive substantial reduction in federal gift and estate taxes.