Frequently Asked Questions

Questions? We're here to help.

Some of the most common questions we receive are answered below. If you don't see an answer to your question here, feel free to contact us.

  1. What are the financial benefits and tax advantages of gifting through The Community Foundation?

  2. How can I give to The Community Foundation?

  3. Can I give anonymously?

  4. What is your federal tax ID number?

  5. What are your administrative fees to manage a fund?

  6. What is your rate of return on investments?

  7. What is your present spending policy?

What are the financial benefits and tax advantages of gifting through The Community Foundation?


The Foundation's approach to planned giving offers a number of important benefits to donors. Because we manage a large number of discretionary funds, administrative costs and custodial fees for any one fund are minimized - meaning less overhead cost to the donor's fund. Another important advantage is that the federal tax code provides significant incentives for contributions to the Foundation.

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How can I give to The Community Foundation?


Some people prefer the simplicity of cash. But there are many other ways to give, including securities and real estate. Plus, all gifts receive the maximum deduction allowed by law.

Send donations to:
The Community Foundation of Muncie & Delaware County, Inc.
P.O. Box 807
Muncie, IN 47308

Or for more information visit the informed giving portion of the sight. To donate online, simply click give now. Giving online is secure and donations can be made in just a few minutes.

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Can I give anonymously?


Yes. The Community Foundation honors requests for privacy. If a donor wishes to remain anonymous, the Foundation must be notified at the time the gift is made. A request for anonymity means, among other things, that the donor's name will not be published in any public document such as The "Legacy" Newsletter or the Annual Report.

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What is your federal tax ID number?


#35-1640051

 

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What are your administrative fees to manage a fund?


Click here to read or download our complete Administrative Fee & Distribution Policy document.

 

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What is your rate of return on investments?


Rate of return as of December 31st for the following years:
2009 - 23.0%
2008 - 25.7%
2007 - 08.6%
2006 - 14.2%
2005 - 06.0%

 

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What is your present spending policy?


The present spending policy is 5%, calculated on a past eight quarter moving average determined at the end of the third quarter each year if fund is above historic gift value.  However, if fund is below historic gift value, all interest and dividends will provide distribution.

Click here to read or download our complete Administrative Fee & Distribution Policy document.

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