Professional Advisors

Helping you help others

As a trusted partner, you are uniquely equipped to help your clients establish and fulfill their philanthropic goals.

The Community Foundation collaborates with you and your clients, providing expertise to help your clients make a positive, powerful difference across the Capital Region.

We are here to help you along the way. The Community Foundation works directly with you and your clients to create an impactful, flexible and effective philanthropic strategy.

Talking to your clients about giving

The Community Foundation is here to help you support your clients with:

Year-end tax planning
Estate planning
Private charitable foundation alternatives
Using philanthropy to support a specific community need
Establishing a scholarship
Benefits of gifting highly appreciated stock, closely held stock or business interests
Qualified charitable distributions from a retirement account

Call 518.446.9638 or complete the contact form

Contact Form

"*" indicates required fields

Assets and Tax Benefits

The Community Foundation works with professional advisors like you to help donors develop sophisticated, effective giving strategies.

As a registered 501(c)(3), your clients receive the most valuable tax benefits available under the law for their charitable contributions.

The Community Foundation is flexible in our ability to accept a wide variety of appropriate assets as charitable contributions.

Gifts of cash

Gifts of private assets

Gifts of private assets (e.g., real estate, private company stock) are deductible at their fair market value of up to 30% of the donor’s adjusted gross income (with a five-year carry forward). In comparison, gifts of private assets to a private foundation are deductible only at the contributor’s tax basis of up to 20% of the donor’s adjusted gross income (with a five-year carry forward).

Gifts of publicly traded securities

Gifts through estate

Gifts of tangible personal property

Making a charitable gift of tangible personal property through the Community Foundation can help put one of your assets to work for good. Gifts of tangible personal property, such as art, antiques and collectibles may be donated to the Community Foundation, where they will be evaluated before acceptance. As the donor, you are responsible for securing an independent appraisal of donated item(s) if the value of the gift is more than $5,000.

Legacy Giving

The Community Foundation supports donors in creating planned gifts, helping to leave a charitable legacy for both the family and community. These planned charitable gift vehicles can be used throughout your client’s lifetime and beyond:

Bequest

Your client can make a bequest by naming The Community Foundation for the Greater Capital Region, Inc. (legal name) as a charitable beneficiary in a new or revised will, or by adding a codicil to an existing will or living trust. The bequest can come in the form of a stated dollar amount, specific property, percentage of the total estate or a portion of or the entire residue of the estate.

Charitable lead trust

Charitable remainder trust

A charitable remainder trust (CRT) allows your client to establish a trust for the ultimate benefit of their fund at the Foundation, for specific nonprofits or left to the discretion of the Foundation’s Grants Committee. It’s also an opportunity for donors to retain a lifetime income generated by the contributed assets, receive a current income tax deduction and defer the capital gains recognized on the sale of the contributed asset. A CRT may help your client eliminate capital gains taxes altogether and reduce or eliminate gift and estate taxes. This vehicle can improve lifetime cash flow, and when coupled with an asset replacement trust, can provide for their heirs.