Photo by Fenner Photography
Your Generous Year-End Giving
You are generous across every season, but perhaps especially at the end of the year. As you plan your holiday and year-end giving, The Greater Cincinnati Foundation is proud to assist and be your philanthropic partner.
To ensure your grants are received by the organizations you support before December 31, please give your recommendations to The Greater Cincinnati Foundation by Wednesday, December 21, 2016.
To add assets to your fund, you can:
Appreciated stock is often the most advantageous gift. By contributing stock to your fund at GCF, you avoid capital gains tax and receive the gift’s full market value for tax purposes. Stock transfers normally take only a few days but may take longer at year end due to the large volume of transactions at brokerage firms. To count as a charitable income tax deduction in 2016, gifts of stock must be received into GCF’s account before the close of business on December 30. Notify us if you are making a transfer to ensure it is promptly attributed to your fund.
Download instructions for transferring your stock gift [PDF]
Give mutual fund shares
Gifts of mutual fund shares provide the same tax benefits as stock gifts. However, if you plan to give mutual fund shares, please start the process early as it may take several weeks. Call GCF’s Giving Strategies Group at 513-241-2880 for the easy transfer instructions.
The deadline to set up mutual fund transfers to GCF is Friday, November 18, 2016. To count as a charitable income tax deduction in 2016, gifts of mutual fund shares must be received into GCF’s account before the close of business on December 30, 2015.
Download instructions for transferring your mutual funds [PDF]
Give by check
On December 30, checks must be delivered by 5 p.m. or postmarked by December 31 to qualify as a 2016 income tax deduction (see our holiday office hours here). Please send to The Greater Cincinnati Foundation, 200 West Fourth St, Cincinnati, Ohio 45202-2775.
See all the ways you can add to your fund
Making grants from your fund to be received in 2016
You have a variety of ways to make sure the grants you give make it to your cause in a timely manner.
So your grant is received in 2016, we recommend you make your grant suggestions:
Download Year-End Giving information for your reference [PDF]
Setting up a new fund
If you are interested in setting up a fund with The Greater Cincinnati Foundation, your new fund can be established quickly. Call to discuss your charitable goals with a member of GCF’s Giving Strategies Group and decide which type of fund is best for you and your family. The date of the gift transfer to GCF is most important - it will determine whether your gift qualifies for a 2016 tax deduction.