Preserving and Enhancing the Quality of Life in Gloucester County
Tax Benefits
The interests of donors in charitable giving are as varied as their reasons for giving. The Gloucester Community Foundation, through its affiliation with The Community Foundation Serving Richmond and Central Virginia (TCF), allows you to enjoy most of the advantages of a charitable trust or private foundation, without the corresponding disadvantages. Here's why:Superior Tax Advantage
Enjoy gift deductibility up to 50% of adjusted gross income.
Avoid costly excise taxes and payout requirements.Simplicity and Flexibility
Establish your fund with a simple agreement, usually without legal fees.
Recommend the charities you wish to support, or entrust those decisions to us.No Administrative Headaches
Benefit from our low administrative overhead, leaving more money for charity.
Leave IRS reports and independent audits to us.
Let us investigate grant requests, write checks and monitor funded programs.Secure Fiscal Management
Our assets are maintained by leading financial institutions.
We provide expert investment oversight by experienced, professional advisors.
Grants are overseen by the board of the Gloucester Community Foundation.