Legacy gifts to the Community Foundation of Greater Greensboro provide permanent funding to address needs in our community and demonstrate the value of charitable giving for generations. Best of all, legacy gifts aren’t solely transferred through estates. We offer many options for legacy gifts that you can make right now, while you’re here to help decide how the funds are used and to see the impact your gift makes on Greensboro.
Legacy gifts are an excellent option if you want to support the community, but cannot make an immediate, outright gift to the Community Foundation.
Some legacy gift options can help you reduce your estate tax and may actually help your heirs receive a larger inheritance.
Other legacy gift options allow you to take a large charitable contribution deduction now, as well as recurring deductions each year.
Including a charitable gift in your living will is a simple way to make a lasting gift to the community. Planned giving can be cash, stocks, or other assets to a new or existing fund. You can choose to give a stated dollar amount, a percentage of your estate, a specific asset or property, or the remainder of your estate after distributions to other beneficiaries. We are happy to work with you and your attorney or professional financial advisors to determine the most advantageous structure for your planned gift.
Once you reach 72 years old, you may direct charitable transfers directly from your IRA as Qualified Charitable Distributions of up to $100,000 per taxpayer. Many donors find this to be a strategic tax-saving strategy. We can assist you and your professional advisors in determining if this would be a viable option for your situation.
By designating CFGG as a sole or partial beneficiary of your retirement assets, your legacy can include any remaining retirement assets to benefit a new or existing fund to fulfill your charitable visions.
Income for today, a gift for tomorrow. A charitable remainder trust (CRT) allows you (or someone you choose) to receive income for the rest of your life, knowing whatever remains will benefit your community. Cash, stock, property, or other assets are placed in a trust that pays you or a beneficiary regular income. Upon the beneficiary’s death or after a defined number of years, the remaining assets in the trust transfer to a fund at the Community Foundation or to a specified charitable organization. The minimum gift to establish a CRT is $100,000.
If you are looking for a way to secure your future, a charitable gift annuity (CGA) may be the answer. Not only will your gift help our community but you will receive the security of fixed payments for your lifetime. You may also designate someone else to receive the income as long as they have reached the age of 65. Payments may begin now or at a later date. A cash or securities gift of $25,000 or more is needed to establish a CGA.
During your lifetime, if you own a cash-value life insurance policy that is no longer needed for its intended purpose, you can gift the policy to the Community Foundation. You may receive a number of tax benefits. In most cases, the policy will be cashed in and the proceeds will be immediately used as you wish. We can work with you and your professional advisors to determine if these strategies would be advantageous for you
For more information, please contact Cathy Knowles.
The Legacy Society recognizes those who have included a gift to the community in their will. Click below to see a list of our current members.
Jack and Helen Alford
Linda and Gary Anderson
Anonymous (6)
Fanny S. Bain*
Vivian and Ed Bauman*
Helene and John Belfi*
Jill M. Biltz
Tim Biltz
Jo Ann and Bill Black*
Brittany and Tom Blue
Mae and Alvin* Boles
Mary Lou Bowden-Klein*
Mary Gay and Don Brady*
Lee Carter and Greg Bradley
Drs. Bruce and Dora Brodie
Margaret and Thornton Brooks*
Suejette and David Brown
Joan and Edwin* L. Bryan
Carol and Skip Bryan
Martha* and Clayton Cammack
Claudia Cannady
Buck* and Polly Campbell
Jane and Suresh Chandra
Dawn Chaney
Sandra and Stephen Colyer
Barbara and Herman* Cone
Sally and Alan* Cone
Steve Cole
Linda and David Cooper
Elizabeth and Warren Corgan*
Janet and David Craft
Joanne and Bill Craft*
Neva Jane and Rick Cresenzo
Ellen Ann and Bill Cross*
Constance and Chick Dee*
Jean and Horace Denny, Jr.
Denise Descouzis
Wilsonia Dixon*
Abby and Jim Donnelly
Dan and Lynn Highfill Donovan
Cynthia and Owen Doyle*
Gwyn and Jed Dunn
Linda and Tom Edgerton
John D. Englar and Linda M. Englar
Jean Anne and Robert* Finley
Diane and Chuck Flynt
Betty Jo Wall Forrest
Virginia Forrest*
Barry Frank
Hughlene and Bill Frank*
Mary and Grover Godwin*
Judy and Jim Guidone
Arlene Gutterman and Kate Panzer
Christon S. Halkiotis
Marty and Porter Halyburton
Mebane Ham
R. Ross Harris
Doris and Richard Hendricks*
Nancy and Jack* Hoffman
Patricia and Gene Holder
Judy Horne and Tom Slagle
Morgan and Jack Horner
Martha and David Howard
Margaret and Morris Howell*
Chris and Bob Hudson
Ronald Johnson and Bill Roane
Emily and David Johnston
Nancy and Malcom Jones
Ginger and Ken Karb
Jolyn and Bob Kelley
Ava and Bill Koronis
Barbara Kretzer*
Art and Jean Kriner
Julie Lapham*
Yulonda Johnson Latham
Bonnie Lawrence and John Farmer
Carolyn and Maurice LeBauer*
Gail and Gene LeBauer
Caroline and Clayton Lee*
Angela* and John Lennon, Sr.
Evelyn and John Lewis*
Ginni and Al Lineberry, Jr.
Ann and BROKIE Lineweaver
Lula MacKenzie*
Ashley Madden
Janice and David Maner
Carolyn and John Maness*
Bonnie and Dan McAlister
Mary McGuire
Donna Moran*
Sally and Vernon Mull
Vic Nussbaum Jr.*
Sallie and Clyde Nolan
Jackie and Dan O’Connell
Carolyn and Harold O’Tuel
Christopher, Tina and Scott Patterson
Peggy and Jim Powell
Steve Puckett
Jean Reese*
Diane and John Reganess
Nancy and Charles M. Reid
Jane and Royce* Reynolds
Wendy Rivers and Steve Morris
Tara and Steve Sandercock
Dabney and Walker Sanders
Ruth and Gary Sappenfield
Frank Saunders
Genie and Maurice Schwartz
Leigh* and Carl Seager
Mary and Roger Seigler
Linda and Thomas R. Sloan
Beth and Bill Smith
Pam and David Sprinkle
Betsy Howe Stafford*
The Stanford Brothers
Ellen and Frank Starr*
Pam and Dennis Stearns
Kay Stern
Sue and Jim Stinson
Donald Sylvester and Patti Gilmour-Sylvester
Adeline and David Talbot
Brenda and Al Taylor
Laura and Christopher Tew
Marcus Thomas
Lillian and Penn* Truitt
Carol Tuggle
Martha and Harrison Turner
Betty and Tom Ward*
Sarah and Jack* Warmath
Dorothy and Buddy Weill*
Melanie Wells
John Whisnant
Rebecca and Robert* Williams
Judith and Craven Williams
Lynn Wooten and Paul Russ
Jayme White
Lauren and David Worth
Elaine and Tom Wright
Andy Zimmerman
*Deceased, now a member of “Dear Greensboro”
If you’re interested in leaving a lasting impact on our community, reach out to the Community Foundation of Greater Greensboro to learn about legacy giving opportunities. Our team is here to help you create a meaningful and enduring legacy for future generations.