Who governs the Centerville-Washington Foundation?
The Foundation’s governing board is comprised of nine knowledgeable, concerned community citizens and volunteers who live in the Centerville-Washington Township community. They represent a diverse group of people who have different areas of expertise and community knowledge. They oversee the management and policies of the Foundation.

What are the financial benefits and tax advantages of gifting through the Centerville-Washington Foundation?
The Centerville-Washington Foundation is a public charity. Donations qualify for the maximum available deduction for charitable contributions in the year when the gift is made. We can also offer solutions to help reduce your estate tax liability.

When donating appreciated stock or other assets, you can receive a tax deduction for the full fair-market value of the stock on the date of the gift, and avoid paying long-term capital gains tax on the increased value.

Our low annual administrative fees on endowed funds can enhance the tax-free growth of donated assets to endowment funds. This allows for more generous distributions to your favorite charity over time.

I would like to give something to my favorite charity, but I’m not rich. Don’t I have to be wealthy to establish a fund through the Foundation?
No. Anyone can be a philanthropist. It does not require great wealth, just a concern or willingness to help others or a particular cause. It also does not have to be complicated. We offer a variety of flexible, tax-advantaged giving tools and options to accommodate your philanthropic objectives. Contact us to find out how to start fulfilling your charitable dreams.

Can I give anonymously?
Yes. You can decide whether you want to be recognized for your giving or remain anonymous. You can feel secure in knowing that your personal information will never be disclosed.

Can other people contribute to my fund?
Yes. Some donors suggest to their friends or family that they give to their fund in honor of a special event, such as a birthday or anniversary, instead of purchasing a gift.

Is there a fee to establish a fund?
No. There is no cost to establish a fund with the Centerville-Washington Foundation.