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Ways to Donate/Giving a Current Gift


 

It's easy for your clients to make a current charitable gift through the Hampton Roads Community Foundation. We welcome gifts of all sizes to any existing fund, including our Community Funds that provide grants to a variety of nonprofits. If your client is making a gift to a specific fund, please make sure to include the name of the fund.

But, if your client donates $25,000 or more he or she can start a named fund and decide the purpose of it. Providing scholarships for students, grants to specific nonprofits or grants that benefit many organizations are among the many charitable choices.

Options for making a current gift include:

  • Cash: This is usually the easiest tax-deductible gift to give. Your client can write a check to the Hampton Roads Community Foundation and mail it to 101 W. Main Street, Suite 4500, Norfolk, VA 23510 or donate online and put a gift on your credit card by using our secure website. To use a wire transfer, please contact us at (757) 622-7951.
  • Securities: A gift of securities (e.g. stocks, bonds or mutual funds) offers advantages and significant tax savings. If securities have appreciated and your client has held them for at least 12 months, he or she can donate them and gain the satisfaction of making a charitable gift while also deducting the full fair market value of the donated securities.
  • Mutual Funds: Donating these funds is a possibility. We encourage your client to explore this option with us.
  • Real Estate: We accept gifts of real estate on a case-by-case basis. A gift should result in a fund of at least $100,000. If your client has owned the property for more than 12 months, he or she may qualify for a tax deduction based on its fair market value.
  • IRA Assets: Clients who are 70 1/2 or older may wish to donate Individual Retirement Account assets.
  • Other assets: Please contact us if your client has limited partnerships, closely held stock or other assets to possibly donate.

For questions, please contact Nan Edgerton, vice president of development, at (757) 622-7951 or at nedgerton@hamptonroadscf.org.