The Golden Civic Foundation

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The Golden Civic Foundation, Inc., is a 501(c)(3) charitable organization. It has a fully tax exempt status, and gifts to the Foundation may be deductible as contributions under the provisions of the Internal Revenue Code, depending upon the donor's tax situation.

Online Contributions

You can make a one-time or recurring donation to the Civic Foundation through GivingFirst.Org! Just follow the link, then do this:

Traditional (Offline) Contributions

With its present income, the Foundation is only able to support 50% of the requests it receives from local charitable organizations.

If the Foundation cause reflects your own thinking, and you would like information about how you can support this vital organization, we welcome an opportunity to work with you.

Making an unrestricted gift:

This could be in the form of cash, property, stocks or other assets for unrestricted use by the Foundation.
Making a restricted gift:
Your donation can be designated for a specific purpose as long as it meets the criteria of the Foundation. For example, one could request that their contribution be used to provide a picnic table in a city park to honor a friend or relative.
Making plans for a future gift:
You can designate the Foundation as a beneficiary in a will, annuity, trust or life insurance policy. This could be in the form of a revocable or irrevocable contract.

Tax Advantages

The Internal Revenue Code of 1986 provides significant tax advantages for donating appreciated property to a charitable organization as shown in the following example.

Mr. & Mrs. Donor are in the 28% tax bracket, pay Colorado income tax and itemize their deductions. They donate to the Foundation stock that was purchased for $5,000 and had appreciated to a fair market value of $15,000. If they sold their appreciated stock, the federal and state income tax on the $10,000 of capital gains could total about $3,300. By donating the stock to the Foundation, the $10,000 of capital gains escapes taxes. Since Mr. & Mrs. Donor itemize their deductions, they can deduct the fair market value of the stock contributed to the Foundation. This $15,000 deduction will save them about $4,950 in income taxes.

The tax benefits can vary significantly based upon the donor's tax situation. Please consult your tax advisor if you are considering a gift to the Foundation.

Click here for a contribution form