Gift Types

We deeply appreciate contributions of all types and any amount. Whether from you, your company, or as a memorial from a family member, be assured we’ll make the best use of all funding.

Contribution types, their tax implications, and how we coordinate receiving them from you do change. We recommend you confer with your financial and/or legal counsel to assure the best option for you. Our board members are always willing to meet and hear your ideas.

Common Types of Support

Cash, Check, or Electronic Fund Transfer

Most of the contributions we receive are immediate gifts in the form of a cash or check. You can make an immediate contribution using our donor form. If you prefer to use an electronic fund transfer (EFT) we do need additional information about your account and, for safety reasons, will talk with you personally.
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Stocks and Mutual Funds

A donation of this type has a dual benefit - the foundation receives a significant gift and you may realize tax savings through a charitable income tax deduction. As an example, if you purchased stock for $500 and it is worth $12,000 today, a gift of the stock to the Rocky Knoll Foundation would mean a charitable contribution deduction for you of $12,000 and no capital gains tax on the $11,500 of appreciation. For additional information, please call (920) 893-6441 and ask for the Foundation office. (back to top)

Property

The gift of land or other real estate to our Foundation may provide tax and estate planning benefits for you. For additional information, please call (920) 893-6441 and ask for the Foundation office.
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Bequests

Including Rocky Knoll Foundation in your will or trust is a gratifying way to be remembered. As a part of planned or deferred giving, this is a conventional way to make a significant gift without affecting your assets during your lifetime. You can choose to designate a specific amount or may choose to leave a percentage of your estate. This type of gift may benefit our residents in the future and assures our lasting legacy of care. Please call the Foundation Office at (920) 893-6441 for sample bequest language that will best detail your specific purpose or gift.
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Beneficiary Designation
When you name the Rocky Knoll Foundation as a beneficiary of your life insurance, annuity, retirement plan, or other assets, the Foundation will receive those assets tax-free and your estate will be eligible for a charitable tax deduction. For additional information, please call (920) 893-6441 and ask for the Foundation office.
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Charitable Remainder Trust

Charitable trusts have become an increasingly popular way to contribute to a foundation as well as a way to save on taxes. The assets contained within the trust provide an income for you during your lifetime, and, after you pass away, the remaining assets are given to the foundation.

An annuity trust pays you, each year, the same dollar amount you choose at the start. Your payments stay the same regardless of fluctuations in trust investments. As an example, say you own stocks worth $100,000 that currently pay dividends of only $2,000 a year. If you give those stocks to a charitable remainder annuity trust you will qualify for a partial income tax deduction of $46,587, receive $6,500 a year, and can provide a future gift to the Rocky Knoll Foundation.

A unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is predetermined annually. If the value of the trust increases, so do your payments. If the value decreases, however, so will your payments. For example if you give $1,000,000 to a unitrust that pays 6% of the trust assets each year, you will qualify for a tax deduction of $396,140 and provide a future gift to the Foundation. For additional information, please call (920) 893-6441 and ask for the Foundation office.
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Charitable Lead Trust

A contribution in this form is used to transfer assets at a significantly reduced tax liability. The trust makes a fixed payment to Rocky Knoll Foundation for a specified term, and after the trust ends, the assets of the trust are either returned to you or passed on to children or loved ones. If the assets are going to be returned to you, you receive an income tax deduction when the trust is created. If the assets are passed on to heirs, applicable estate or gift taxes on the value of the gift are reduced or completely eliminated. The tax savings may allow you to provide significant support to the Foundation at little or no cost to heirs as it relates to their ultimate inheritance.

As an example, say you put $1,000,000 in a twenty-year charitable lead trust to benefit the Rocky Knoll Foundation. The trust agreement stipulates that the Foundation receives $70,000 annually. At the end of the twenty-year term, you or your heirs receive the trust principal. For additional information, please call (920) 893-6441 and ask for the Foundation office.
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