Siouxland Community Foundation

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ADDRESS
505 Fifth Street
Suite 412
Sioux City, IA 51101
712-293-3303

Confirmed in Compliance
with National Standards for
U.S. Community Foundations

GIVING OPPORTUNITIES

Significant giving opportunities often arise when clients are making major business, personal, and financial decisions. Our staff can work with you and your client to help find the best charitable solution – always respecting and working within the relationships you have developed and lead with your clients.

Have you had conversations with your clients about the following? Here some of the ways we can help you help them make a lasting difference.

Preserving an estate. Estate planning identifies significant taxes are going to the IRS, but your client wants to direct dollars for local benefit.
The Siouxland Community Foundation can work with you and your client to reduce his/her taxable estate through a charitable bequest or other planned gift. Your client’s gift will create a legacy of caring in the community that stays true to his/her charitable intent forever.

Year-end tax planning. Your client just earned a large bonus and wants to give a portion back to the community, but has no time to decide on the most deserving charities.
Recommend establishing a Donor-Advised Fund through the Siouxland Community Foundation for an immediate tax deduction, and the ability to stay involved in recommending uses for the gift for years to come.

Retiring in comfort. Your client is concerned about running out of money during his/her lifetime, but has always been charitable.
Recommend establishing a life income gifts (such as a charitable remainder trust) at the Siouxland Community Foundation that pays income potentially for life. Upon your client’s death, the gift can be distributed by the Community Foundation in accordance with his/her charitable interests.

Establishing a private foundation. Your client is thinking about establishing a private foundation, but is looking for a simpler, more cost-efficient alternative.
The Siouxland Community Foundation can help you and your client analyze the pros and cons of creating a private foundation or Donor-Advised Fund as an alternative.

Closely held stock. Your client’s personal net worth is primarily tied up in a closely held company, but it’s important for him/her to give back to the community.
Recommend establishing a Donor Advised Fund or planned gift; your client is eligible for a tax deduction measured by the fair market value of appreciated stock (less any planned gift value).

Sale or disposition of highly appreciated stock. Your client has appreciated stock and wants to use a portion of the gains for charitable giving, but the identified charities are too small to accept direct stock gifts.
Suggest establishing a designated fund through the Siouxland Community Foundation with a gift of appreciated stock. Your client receives a tax deduction on the full market value, while avoiding the capital gains tax that would otherwise arise from sale of the stock. Your client can be involved in recommending uses for the gift, including the organizations and programs he/she cares about most.

Strategic giving. Your client is passionate about helping meet a specific community need and wants to make a meaningful gift.
You and your client can work with our knowledgeable Community Foundation staff to understand community needs and programs and then direct gift dollars to make the greatest impact.

Substantial IRA/401(k) assets. Your client wants to leave his/her estate to community and family, and has substantial assets in retirement accounts.
The Siouxland Community Foundation can help you and your client evaluate the most beneficial asset distribution to minimize taxes, giving more to his/her heirs and preserving charitable intent.

Please visit the Community Foundations web site for useful information and resources specific for professional advisors.