Vera French Foundation
Established 1985
The Vera French Foundation was created to raise funds and community awareness to support the mission of the Vera French Community Mental Health Center.
The Vera French Community Mental Health Center serves without regard to age, income, or address. As the largest and most established provider of mental health services in this area, we meet the needs of a community spanning urban and rural areas in Scott County Iowa.
Gifts to Vera French Foundation
A charitable gift may be made in a number of ways. The following information may be helpful as you consider the best way to make your gift and how you would like it used.
Your Support
- Unrestricted Annual Gifts
A planned and budgeted annual gift to the Foundation is a convenient way to support our cause. A planned annual gift simplifies the budgeting process, yet insures your on-going philanthropic support.Gift Options - Cash
Cash is the most popular way to make charitable gifts. Cash gifts prior to December 31 could cost you less at tax filing time. - Securities
Gifts of securities or stock can be one of the most advantageous ways of giving. If your stock is one you have owned more than a year, you may deduct the full fair market value of the stock as a charitable contribution, while bypassing applicable capital gains taxes if it is appreciated. - Real Estate
Gifts of appreciated real estate are like gifts of appreciated stock. If you have owned the property more than a year, you may deduct the fair market value of the real estate and bypass all capital gains taxes. Insurance Gifts of life insurance provide a unique method of charitable support. If the policy is paid up, your contribution amounts to the replacement value or cost basis of the policy,whichever is less. Ongoing premiums paid on a gifted life insurance policy also qualify for charitable deductions. - Personal Property
Gifts of tangible personal property related to Vera French Foundation's exempt purposes are fully tax deductible at fair market value. Gifts of tangible personal property which are not related to the tax-exempt purposes are limited to cost basis for determining your tax deduction.
This information is solely for educational purposes. For specific recommendations, please consult a qualified advisor.