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Tools for Giving
How can you give?
The Community Foundation of the Virgin Islands simplifies giving, allows a great degree of flexibility and makes it possible for people and organizations to create a legacy. As you think about how the Foundation might facilitate your charitable giving, we suggest you begin by asking these questions:
What are my charitable/community interests?
What type of asset do I have to give?
What type of involvement do I wish to maintain?
The three main ways to give through CFVI are:
Establish a Named Fund with $2,500 or more - you can contribute additional gifts to attain the $10,000 requirement each year and determine the purpose for which you would like the income distributed.
Become a CFVI Angel with an annual commitment of $500 or more, and join the company of friends and neighbors who support our programs and share their passion for the children and families of our islands. Download the brochure and fill out the form.
Create a legacy in the Mahogany Membership.
Other options include:
- Outright Gifts Give cash, stocks, real estate or other assets. We accept a variety of assets
- Bequests Designate a portion of an estate
- Charitable Gift Annuity - Annuity contract pays client for life and charitable fund commences grants upon death
- Charitable Lead Trust Trust pays the community foundation a fixed amount for a number of years and then assets transfer to beneficiary
- Charitable Remainder Trust Trust pays beneficiary for life then assets transfer to community foundation
- Life Estate Contract Donor transfers home to community foundation and still enjoys use while living
- Unrestricted Fund Meeting ever-changing community needs
- Field of Interest Fund Addressing the needs in an important area of community life: arts, aging, at-risk youth, etc
- Designated Fund Directing gifts to specific agencies or purposes (i.e. scholarships)
- Donor Advised Fund Involving donors in the use of their gifts
- Supporting Organizations Managing gifts and grants with some similarity to a private foundation
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