Greater Worcester Community Foundation accepts a variety of assets as gifts.

Cash

A gift of cash is the easiest way to create a new Fund or add to an existing one. Cash gifts are tax deductible to the extent allowed by law, currently up to 50% of your adjusted gross income in any one year. Contributions exceeding this limit may be carried over and deducted for up to five years following the gift.

Donate online now with a credit card using a secure vendor.

Or, checks can be made payable to Greater Worcester Community Foundation and mailed directly to the Foundation:

Greater Worcester Community Foundation
One Mercantile Street, Suite 010
Worcester, MA 01608-1738

Please note the Fund name in the memo field.

Securities

Stocks and bonds that are highly appreciated may be given to the Foundation, thereby allowing you to deduct the full fair market value as a charitable donation and avoid capital gains tax.

Download instructions for transferring public traded securities (PDF).

Real Estate

Property is accepted after careful evaluation, it must be readily marketable and free of environmental problems. The Foundation's general policy is to accept gifts of real property so that it may be sold and the proceeds added to an existing Fund or to create a new one. You receive a charitable deduction for the value of the property and avoid capital gains taxes.

Find out more information about gifts of real property.

Personal Property

Collections of artwork or porcelain must be marketable and are accepted after careful review. The Foundation will sell the property and use the proceeds to add to an existing fund or create a new one.

Transfer of an Existing Private Foundation

A Foundation fund relieves you of the complexities and costs associated with running a private foundation and fulfills your charitable goals in perpetuity.

Compare a private foundation to a donor advised fund

Charitable Lead Trust

The trust makes payments to a Named Fund at the Foundation for charitable purposes you specify. After a set number of years, the trust's remaining principal and any accumulated appreciation can be distributed to children, grandchildren or other named beneficiaries, often with significant estate tax savings.

Qualified Charitable Distributions

If you’re age 70½ or older, you can make a tax-free Qualified Charitable Distribution (QCD) from your IRA to your own personalized fund at Greater Worcester Community Foundation. Doing so is a simple and smart way to support your favorite charitable interests.

Learn more about QCDs