Donate Now
Marilyn J. Rothschild

Born, raised and domiciled in Racine, Marilyn has been interested in the work of the Racine Community Foundation for as long as she can remember. She became officially involved with the Foundation when she made her first gift in 2000 to establish The Marilyn J. Rothschild Fund.

Marilyn said, "I believe in the work the Foundation does, and I'm willing to help." Having established a donor-advised fund, Marilyn is able to recommend support for her particular interests in education, health, and arts and culture. "I like the fact that the Racine Community Foundation understands the needs of the community and I very much like how they manage my fund."
- Marilyn Rothschild

Racine Community Foundation
Ways to Give
Protecting watersheds from polluted runoff, restoring vital wetlands and combatting invasive land and aquatic plants, are just a few of the community-based projects funded by the Root-Pike Water Initiative Network's Grants Program - a grant program financially bolstered by the Racine Community Foundation. Grant projects also include monitoring the health of the Root River and educating Racine K-12 students about the importance of water quality and watershed protection.

 

Many Ways To Give

  • Create your own fund - When you create a fund, you have the right to name it and select its purpose in accordance with your wishes.
  • Contribute to an existing fund - Your gift can either be placed in our General fund or you may designate your gift to one of our existing funds.
  • Make a bequest in your will - Perpetuate your charitable work in a living memorial (this may allow a reduction in taxes).
  • Transfer a private foundation - Transferring private foundation assets allows the private foundation's identity to be retained and allows members to serve as advisors.
  • Retain income from a charitable gift - Give assets to the Foundation and receive income for life or a specific period of time (this may allow a reduction in taxes).

Types of Gifts

Cash gifts
Cash gifts are deductible up to 50% of Adjusted Gross Income. A five-year carryover is allowed if the deduction surpasses the allowable limit within the year the gift was made.

Long-term Appreciated Assets
If you own long-term appreciated assets (stock, real estate, etc.), you may recognize substantial capital gains tax savings by gifting those shares directly to the Racine Community Foundation, rather than selling them and then making the charitable gift. Donations of long-term appreciated assets are deductible up to 30% of Adjusted Gross Income, with a five year carryover allowed, if the deduction surpasses the allowable limit within the year the gift was made.

Life insurance
You can name the Racine Community Foundation as the beneficiary of an existing life insurance policy or on a new policy. Premium payments are tax-deductible and this is a relatively low-cost way to make a substantial gift to benefit your favorite charity.

YOUR GIFT TO THE FOUNDATION

The increasing success of the Racine Community Foundation is the result of its responsiveness to the needs of the community, not only as a grant-making organization, or networking resource for other non-profits, but also as a home base for those who seek to begin, or grow, their charitable giving.

Your gift to the Foundation can be made in almost any way that fits your charitable giving goals. Whether you want to make a one-time gift, or wish to build toward a permanent fund over time, the Racine Community Foundation can work directly with you, or your financial advisor, to establish a way to give that is right for you.

Ways to Give
You can use a wide range of assets to establish your fund. RCF has the capabilites to process the most complex gifts.
"The steps were so simple,
which allowed us to put
our charitable giving
tool to work immediately."

We accept a wide variety of gifts including cash, stocks, securities, estate gifts, mutual funds, distributions from IRAs or other retirement plan assets, real estate and life insurance policies.

Our Gift Acceptance Policy is available upon request. Please contact any staff member.