What are the tax advantages of giving to the Whidbey Community Foundation?
Large and small donations to the Whidbey Community Foundation are fully tax-deductible just as they would be for any nonprofit organization. It could be advantageous for a private foundation to become a part of the Whidbey Community Foundation in order to minimize expenses and maximize efficiency. Other tax advantages can be achieved through deferred giving. For example, a donor can claim an immediate tax deduction for a gift that a charity will not receive for many years. An Unrestricted Fund at the Whidbey Community Foundation is a viable vehicle for deferred charitable giving because we cannot see into the future to know what nonprofit organization will be the most appropriate recipient for these gifts. Please consult your estate planner for details on the diverse ways to achieve your charitable giving goals through deferred giving. The Whidbey Community Foundation encompasses four primary giving categories or fields of interest: Family & Community Services | Civic & Cultural Organi
