PHILANTHROPY SHOULD BE A JOY,
not a burden.
can make your giving simple and satisfying.
CAN WE HELP PLAINVIEW AND THE SURROUNDING AREA?
By building a pool of unrestricted charitable
resources to meet new and emerging community needs; and
Providing a way for anyone to invest, at any level,
in the common good of Plainview
and the surrounding area.
CAN WE HELP YOU AND YOUR FAMILY?
By managing the charitable fund you create;
overseeing its investment; accounting; and maintaining tax
Offering personalized grantmaking services,
information about grant opportunities, and providing
research/referral on areas of particular interest to you;
Issuing regular financial reports detailing the
status of your fund; and
Consolidating your ongoing contributions through one
enables caring and generous people to invest in what matters
to them and brings people together to address local issues.
HOW DOES IT WORK?
THAT YOU DONATE
grow the flexible pool of unrestricted community
resources or you can create a fund to target your specific
charitable goals. We
use the same powerful techniques as the world’s largest
aside assets, invest them carefully, and make grants
regularly for charitable purposes.
~ Think broadly.
us to identify needs and opportunities in the community
and target your dollars where most effective.
the following fund types, minimum gift amounts apply:
decide the general purpose of the fund, such as education,
arts, or health, and grants will
go to projects in that area.
Provide ongoing support.
particular charitable agencies or organizations to receive
the income from your endowed fund.
~ Provide education.
with the Foundation to create the guidelines for students
who can receive assistance. For
example, these may be based on high school or college
attended, merit, need, or field of study.
ADVISED FUND ~
organizations or causes you wish to support or our staff
can work with you to identify ways to address issues of
importance to you.
You recommend grants to charities you wish to
We will ensure the charitable status of
beneficiaries and provide additional grantmaking and
Endowment makes philanthropy and its benefits available to
everyone. This belief is at the core of who we are. Whatever
your gift, there is a place for you at the Plainview Area
BUSINESSES AND FAMILIES
have a simple and effective way to provide lasting help to
their favorite charitable causes.
Make an outright gift, or establish a fund that
supports the causes you recommend.
Either way, your help is
here to stay.
ORGANIZATIONS that are located in, or are primarily serving residents
and the surrounding area can turn to us for help with projects
that address community needs.
As a permanent endowment, we ensure that a pool of resources
is ready to help today, tomorrow and countless tomorrows to
FINANCIAL PLANNERS AND ACCOUNTANTS
help their clients to fulfill their charitable and tax
goals. As an
affiliate of the Lubbock Area Foundation, we have experience
with even the most complex forms of giving.
We combine local insight with the proven expertise of
an experienced community foundation.
TIMELY OPPORTUNITIES FOR GIVING
Just earned a large bonus, but no time to decide on the
most deserving charities? Establish a Donor Advised Fund for
an immediate tax deduction, and stay involved in your gift
by recommending distributions for months or years to come.
ALTERNATIVE TO A PRIVATE FOUNDATION
about establishing a private foundation, but looking for a
better, simpler way? Or, frustrated with the ongoing
management of your private foundation? Establish a Donor
Advised Fund or Supporting Organization and stay personally
involved with the distribution of gift dollars. Use the Plainview
handle the administrative and accounting chores.
Passionate about meeting a specific community need and want to
make a meaningful gift? The Plainview
Endowment offers expertise in local needs and can recommend ways to
make the greatest impact.
HELD STOCK ~
Personal net worth tied up in a closely held company, but want
to give back? Donate a portion of the company stock to the Plainview
Endowment; the company may buy it back for fair market value. Establish
a Donor Advised Fund or planned gift; you are eligible for a
tax deduction at the fair market value of appreciated stock
(less any planned gift value).
Estate planning identifies significant taxes going to the IRS,
but you want to keep tax dollars local. Reduce your taxable
estate through a charitable bequest or other planned gift.
The gift creates your personal legacy that stays true to
your charitable intent forever.
THE LEGACY SOCIETY
Your planned gift to Plainview
Endowment will have meaning and impact for years to come. We honor
those who have made a lasting commitment by including
charitable gifts to the foundation in their estate plans
through the Legacy Society. Learn more about the Legacy Society.
is so much more we’d like you to know. For
more information and ideas on ways to integrate your financial
planning with charitable giving, visit our Gift
Planning resource pages, ask your financial advisor or
contact Kathy Stocco at firstname.lastname@example.org