Methods of Giving

Giving Matters

Kitsap_ImmigrationBainbridge Community Foundation (BCF) is pleased to share the different types of gifts that enable you to create or support a fund. Please bear in mind that in providing this information, BCF is not giving professional tax or legal advice. You still need to consult your professional legal and tax advisors about the consequences of any gift to your particular situation. We also encourage you to discuss your philanthropic plans with your family members as appropriate, so that they may participate in your decision-making and understand the objectives of your estate giving plans.

Outright Gifts

Gifts by Cash or Check
Checks may be payable to Bainbridge Community Foundation and the name of the fund supported can be indicated on the memo section. Please mail your gift to:

Bainbridge Community Foundation
221 Winslow Way West #305
Bainbridge Island, WA 98110

Make an Online Gift
One of the easiest ways to make a donation is by making a gift online to any of our funds by using your credit card.

Cash Wires or Transfers
Please call BCF at 206-842-0433 with the name of the fund to be credited prior to transfer so that we can advise our bank. We will provide instructions with account number and contacts.

Matching Gifts
You can double the impact of your gift by asking your employer to match your gift to BCF. Please contact your human resources department for information about matching gift fund opportunities at your company.

Gifts of Real Estate

Real estate gifts include a residential home, vacation home, commercial property, investment property, undeveloped land, agricultural property and timberland. These valuable assets can be helpful to the work of BCF in the community. Gifts of real estate must be owned for more than one year and have no debt. These gifts entitle the donor to tax benefits including:  income tax deduction, capital gains tax avoidance or reduction and substantial estate tax savings. Find out more about gifts of real estate here.

Gifts of Stock

Donating stock to Bainbridge Community Foundation (BCF) requires a stock transfer from your current brokerage account to BCF’s brokerage account at Wells Fargo. Find out how to make a gift to BCF via stock transfer here.

Gifts in Wills and Estate Plans

Including a gift to BCF in your will or trust is a permanent statement of your values and enables you to create a meaningful legacy without impacting your current financial security. Find out about gifts in wills and estate plans here.

Life Insurance and Annuities

You can name BCF as a beneficiary of the proceeds of your life insurance policy or employer-provided policy. You can also name BCF as a beneficiary of certain annuity contracts that provide death benefits.

IRA or Pension Plans

You can eliminate the income and estate taxes associated with testamentary distributions of your IRAs or pension plans by naming BCF as the beneficiary of these accounts. Making charity the beneficiary of tax-burdensome assets like IRA is a smart way to give.

“When Cameron and I revised our wills several years ago, we wanted to include something for the community in addition to the usual bequests for family members. BCF provided the perfect solution to our need to choose among the many worthwhile nonprofits on the island. We established a testamentary Donor Designated Fund at BCF, where our bequests will be prudently invested and carefully dispersed over time to the causes most important to us.”
—Chris Snow, Bainbridge Community Fund Trustee and Planned Gift Donor