ARAPAHOE

Arapahoe Area Foundation

The Arapahoe Area Foundation was established in 1991 for the purpose of receiving, administering, and disbursing funds for community betterment. The Pioneer Project for the Foundation, the Ella Missing Community Center and Scholarship, was made possible by a generous bequest. It was fortunate that one gift was sufficient to complete the entire project. But more importantly, the Foundation Provides a means through which many gifts, large or small, can be aggregated to accomplish together what a few can do individually.

The Goal of the Foundation is to enhance the quality of life of the citizens of Arapahoe and the surrounding area by making it a better place to live by administering gifts and contributions. Projects will be selected and completed to meet the specific instructions of donors and/or according to the recommendation of the local advisory board.

The Arapahoe Area Foundation is a non-profit organization meeting the requirements of section 501 (C)(3) of the Internal Revenue Service Code. This insures that your gifts are fully tax deductible under the IRS Tax Code. A Gift to the Arapahoe Area Foundation is an investment in the future of the community and the area we love.

There are many ways in which you can make your charitable contribution to the Arapahoe Area Foundation.

GIFTS OF CASH
To recognize an area individual or family, or to provide a memorial for a deceased relative or friend.

GIFTS OF SECURITIES
With certain limitations, you can deduct the full market value of long term appreciated securities. Thus, you can give away assets and avoid the capital gains tax.

GIFTS OF REAL ESTATE
Almost any type of property can be given in a variety of ways. If the property is long-term, you will avoid any tax on the capital gain, reduce your taxable estate by the value of the gift, and receive a charitable contribution from 100% of the fair market value of the property.

DEFERRED GIFTS
Bequests or trusts-a gift given through a will whereby a donor specifies a dollar amount or percentage of the estate to be transferred to the foundation.

LIFE INSURANCE
>This allows donors to change their premiums into charitable contributions by assigning benefits to the foundation. Premiums may be tax deductible and the dollar benefits may be exempt from estate taxes.

SPECIAL GIFTS
Charitable contributions designated to specific projects. A number of projects have been suggested for betterment of the community. Some of the possible uses for foundation gifts include:

Library Improvements
Library Expansion
Park and Golf Course Improvements
Youth Programs
Swimming Pool Improvements/Replacement
Wellness Center
Fire and Rescue Equipment
Museum Improvements
Medical Clinic
Senior Center