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Why Give

WHY CONSIDER INVESTING WITH THE NEW BRAUNFELS AREA COMMUNITY FOUNDATION?

A community foundation offers many advantages to someone seeking a way to create or redirect a philanthropic effort.

Often people discover that creating and maintaining a family or other private fund or foundation independently is expensive and time consuming. Creating a fund at a community foundation will reduce the time commitment needed and can lower the fund’s operational expenses.

A community foundation offers several benefits over other types of giving, including:

  • As a 501(c)(3) public charity, your gift receives the maximum tax deduction under current tax law.
  • Capital gains tax cannot be levied on gifts to a community foundation.
  • A gift to the community foundation relieves the benefactor of administrative burdens  and overhead expenses.