Memorial Gifts
Donors may choose to name Albuquerque Community Foundation to receive memorial contributions on behalf of a loved one. The family may designate an existing endowment fund to receive the memorials or start a new fund. If the amount of contributions received reaches $5,000, the family may establish a named unrestricted or field-of-interest endowment fund as a permanent legacy.
Should the family choose to establish a new fund, the details can be worked out at a later date. If the amount of memorials received is less than $5,000 the family may choose to designate the contributions be added to an existing fund within the Foundation or make a one time grant to a nonprofit organization in memory of their loved one.
Considerations and steps for establishing a memorial fund:
Memorial Gift Form [pdf]
Matching Gifts
Matching gifts from a past or present employer can trigger a corporate match to increase support and encourage a company to spread their contributions over a broader base.
Deferred or planned gifts are those that typically are made upon death, or which involve lifetime financial benefits to the donor, or which are purposefully structured to minimize estate, gift or income taxes. In short, they are gifts that require some planning.
Deferred gifts established during a lifetime or by will allow the donor to divide property between loved ones and charitable beneficiaries, saving estate taxes in the process. With deferred giving, both donor and charity benefit over the years.
Community foundations specialize in the concept of planned giving for at least two reasons. First is that planned giving is especially suited to the type of capital wealth community foundations attract. Secondly, conveyance of capital gifts generally signify creation of a philanthropic legacy, and community foundations embody legacy giving.
ACF may be named as the residuary beneficiary of an estate, as the recipient of a specified gift or contingent bequest, or as the ultimate recipient of the assets of a charitable remainder trust.
The Ray Zimmer Heritage Society of Albuquerque Community Foundation is composed of individuals who have designated a substantial planned gift to the Foundation or for distribution through the Foundation to other charities.
Please contact us to discuss giving plans at (505) 883-6240 or e-mail us at foundation@albuquerquefoundation.org