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Ways to Give

How to Give

At Community Foundation of Louisville, we offer flexible options that can meet all your charitable giving needs - there is a fund type for everyone!

  • Fund Options

    • Charitable Checking Fund (no minimum)
      A flexible charitable Fund with no minimum balance requirement and no administrative fee designed to meet charitable goals during an individual or married couple's lifetime(s). This Fund type is also available to groups and businesses to simplify their giving.
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    • Designated Funds ($25,000 minimum)
      Provides support to specific charitable organizations in perpetuity or for a set period of time.
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    • Donor Advised Fund ($25,000 minimum)
      A charitable giving tool that combines maximum tax benefits with the flexibility to support your favorite charitable organizations at any time. You make a tax-deductible contribution to start your Fund, the contributions are invested for long-term growth, and you (or an Advisory Committee you name) recommend grant distributions to your favorite charities.
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    • Field of Interest Fund ($25,000 minimum)
      Benefits a variety of organizations that focus on a specific area of concern to you, as broad or as specific as you like, in perpetuity or for a set period of time.
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    • Immediate Impact Fund ($10,000 minimum)
      Provides support to specific charitable organizations for up to 5 years. This Fund is appealing to donors who want to make Qualified Charitable Distributions from their retirement accounts.
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    • Nonprofit Agency Endowment ($25,000 minimum)
      Provides regular support to a nonprofit organization. The Fund is created and funded by a nonprofit group to generate long-term sustainability.
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    • Scholarship Fund ($50,000 minimum)
      Benefits students graduating from a particular school, attending a particular school, or studying a specific field, at any level of education, based on criteria you establish. Scholarships are awarded by a qualified selection committee that may include the donor.
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  • Other Smart Giving Methods

    • Bequest
      You designate our organization as the beneficiary of your asset by will, trust, or beneficiary designation form.
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    • Beneficiary Designation Gifts
      You can designate us as a beneficiary of a retirement, investment, bank account, or your life insurance policy.
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    • Charitable Gift Annuity
      You transfer your cash or appreciated property to our organization in exchange for our promise to pay you fixed payments (with rates based on your age) for the rest of your life.
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    • Charitable Lead Trust
      You fund a trust that makes gifts to us for a number of years. Your family receives the trust remainder at substantial tax savings.
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    • Charitable Remainder Trust
      You transfer your cash or appreciated property to fund a charitable remainder unitrust. The trust sells your property tax free and provides you with income for life or a term of years.
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    • Fund For Louisville
      When you want to meet the most pressing needs of the Louisville area by relying on the expertise and local knowledge of the Community Foundation.
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    • IRA Qualified Charitable Distribution
      An IRA Qualified Charitable Distribution allows people age 70½ and older to reduce their taxable income by making a gift directly from their IRA. You may contribute only to specific types of funds to be eligible.
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