What is the Infinity Circle of The Community Foundation of South Central Kentucky?
The Infinity Circle was established to give individuals a way to continue to support the causes they care about when they are gone. The Infinity Circle is our way of acknowledging their commitment to the future today. We hope it encourages you to do the same.
Who can make a legacy gift?
Anyone! Many are surprised to learn how easy it is to create a lasting legacy.
What good work can I do with my legacy gift?
You can continue to support the causes you care about most. For instance, you can support the arts, enrich education, protect the environment, provide human services, safeguard health, foster a stronger community and more.
Is there a minimum gift amount to join the Infinity Circle?
Yes. There is a minimum gift amount of $10,000 to add your gift to an existing fund while the minimum gift amount is $25,000 to establish a permanent fund of your own.
When should I include the gift in my estate plan?
Any time you are drafting or changing your will or estate plan, you may want to consider charitable legacy gifts. Your financial or legal advisor can provide guidance related to your personal estate, beneficiaries, income goals, taxes and other considerations. In addition, you may find it simpler to designate The Community Foundation of South Central Kentucky as a beneficiary of your 401(K), IRA or life insurance policy.
How do I join the Infinity Circle of The Community Foundation of South Central Kentucky?
THE MEMBERSHIP PROCESS:
Suggested language is provided to assist donors and their attorneys in making gifts to different types of funds at The Community Foundation of South Central Kentucky. Click on the image link to view and/or download a PDF file with bequest language for the following fund options.
As per the mission of The Community Foundation of South Central Kentucky, these funds will be used to make a positive impact upon our communities served for now and into the future as part of the Foundation’s Unrestricted Fund.
donor advised FUND
These funds shall be used to establish a fund for which the income is to be used for grantmaking to qualified charitable organizations. The Community Foundation of South Central Kentucky is given complete discretion in making grants, suggestions may also be made to the Foundation’s Grant Committee.
field of interest FUND
These funds shall be used to establish a fund in which the income is to be used for grantmaking to non-profit organizations engaged in the specified charitable and educational activities in The Community Foundation of South Central Kentucky’s geographical area.
These funds shall be used to establish a fund to be used for specified charity(ies) only.