Contact Us
Montrose Community Foundation
P.O. Box 3020
Montrose, CO 81402
970.249.3900
info@montrosecf.org
MCF
Ways to Give
The Montrose Community Foundation strives to provide simple, powerful and personalized approaches to giving. There are many options to choose from when giving to the MCF. The Montrose Community Foundation is a charitable 501(c)3 organization committed to the development of our community. All contributions to the MCF are tax-exempt.
Cash
The simplest and most common way to make a gift is by check or credit card. Donations of cash are deductible if they are itemized in the year of contribution.
Stocks, Bonds, Mutual Funds
Many gifts of appreciated securities such as stocks, bonds and mutual funds provide a charitable deduction for the full fair market value of the donated asset.
If you would like to donate from securities, click below to print and fill out the form.
Download the Stock Transfer Form
After filling it out you can:
Mail to:
P.O. Box 3020
Montrose, Co 81402
Drop it off at our offices:
5252 E. Main St.
Montrose, CO
Or scan and email it to:
director@montrosecf.org
Bank Accounts & CDs
You may name a charitable organization the “payable-on-death beneficiary” of your bank accounts or on certificates of deposit. You own the assets for your lifetime and have them available for your use. Upon your death, the assets pass directly to the organization without going through probate.
Real Estate
On a case-by-case basis, the MCF accepts gifts of real estate such as houses or other personal residences, farms, commercial buildings, land and income-producing property. A gift of real estate that has been owned for more than a year may entitle you to a tax deduction for the fair market value of the property while minimizing and often eliminating the capital gains tax that otherwise would be upon the sale of the property.
Retirement Account Assets
An efficient estate planning option is leaving all or a portion of your retirement plan to charity, because tax laws often subject these assets to income and estate taxes upon death.
Life Insurance
Many people find that the protection offered by life insurance policies is no longer needed later in life. Thus a life insurance policy can become an ideal tool for charitable giving. Name us or another charity irrevocably as the sole beneficiary. You can make annual tax-deductible contributions to cover the policy’s annual premium. Or, if the policy is paid up, you will receive an immediate tax deduction in an amount equal to the policy’s cash surrender value.
Bequests
Bequests through a will are one of the most effective methods of providing for the MCF or your favorite charities while enabling you to keep assets or property during your lifetime. Naming the Community Foundation in your will can be accomplished through an amendment called a codicil and by establishing a fund through the MCF.
Vehicle Donation
Fundraising is not easy, but donating a vehicle is! Help support us by donating your unwanted car to the Montrose Community Foundation. You can also donate your old boat, motorcycle, RV, and farm equipment. Its simple to start, and towing is included.
LEARN HOW TO DONATE YOUR VEHICLE