News and Events
Oct 8, 2015 Adams County Community Foundation announces its Grant-making support to the Robert C. Hoffman Charitable Endowment Trust. Our professional staff will be guiding the Advisory Committee of the Trust in their 2016 Grant Rounds. Grant applications are due January 15, 2016 and July 15, 2016. Organizations wishing to apply for a grant from the Hoffman Trust may access the Grant Proposal Packet for the Hoffman Trust on this website in RECEIVE. There will be a Grant Writing Workshop will be held at Adams Eclectic Corporative building, 1338 Biglerville Road Gettysburg PA, 17325 on December 10th 3:00pm to 4:30pm. This workshop is sponsored by the Robert C. Hoffman Charitable Endowment Trust.
Nov 10, 2015 - SAVE THE DATE!!! 11/10/15 , 4-7pm at the Gettysburg Area Middle School. Be part of this amazing day! Click here to download 2015-2016 Gift Book (22MB pdf).
July 15, 2015Community Needs Assessment for Adams County is now available online. This survey asks questions about your perceptions on topics such as health, education, and the economy in Adams County. Our goal is to have as many people as possible from Adams County fill out the survey, so please forward it to your Adams County friends and colleagues so they may also participate. The survey is anonymous and all responses will be kept confidential and viewed only as a whole. Take the ACCF Community Survey.
May 1, 2014 - When you shop, AmazonSmile gives. For every purchase you make on AmazonSmile, Amazon will donate 0.5% of the qualifying purchase price to Adams County Community Foundation, Inc. Search and purchase hundreds of the same products and same prices you love on Amazon, while supporting our charitable organization. Start shopping to donate.
Check out a video on Community Foundation
Please visit the new Adams County Dollars for Scholars website! A user-friendly way to help students in the community access more local and nation-wide scholarships.
BEN FRANKLIN FUND
The great patriot and Revolutionary War statesman, Ben Franklin, left a testamentary trust which was to accumulate principal and interest for a period of 200 years, and them be distributed to two designated beneficiaries, namely, the City of Philadelphia and the Commonwealth of Pennsylvania. To give to this fund or to find out more about the many different funds available, click here.
Make A Donation
Advise
Please click here to to download a PDF version of our fund agreement.
Comparison of Community Foundations & Private Foundations
Donor advised funds at our community foundation, either permanent or nonpermanent, are a cost-effective alternative to establishing a private foundation. Below are benefits of setting up a family or corporate fund at The Foundation:
|
Community Foundations |
Private Foundations |
Tax treatment of cash gifts |
Deductible up to 50% of adjusted gross income (AGI). |
Deductible up to 30% of AGI. |
Tax treatment of gifts of appreciated publicly-traded securities |
Full market value deduction up to 30% of AGI. |
Full market value deduction up to 20% of AGI. |
Tax treatment of closely held stock, real estate, or other appreciated property |
Full market value deduction up to 30% of AGI. |
Deduction limited to donor’s cost basis, up to 20% of AGI. |
Excise taxes |
None imposed. |
1-2% paid annually based upon net income and net realized capital gains (no step up in basis for assets donated to the foundation). |
Ease of establishment - Timing: |
Immediate. | Average of six months to incorporate and file with IRS. |
Cost: |
None. |
Significant legal and accounting expenses. |
Required payout |
None. Able to accumulate income toward a sizable project or grant. Flexibility to hold low yield assets. |
Must expend at least 5% annually, regardless of income, investment earnings, or grantmaking needs. |
Annual IRS tax returns |
No separate tax return required; included in foundation’s consolidated return. |
Required to file annual returns including details on all grants, investments, fees, trustee fees, staff salaries, etc. |
Privacy and recognition |
Donors generally recognized for grants disbursed from their funds, but grants and donors can remain anonymous if preferred. |
Tax returns are public records and often are compiled into grant seeker directories. |
Grants administration |
Donors can serve as grant making advisors, or the Foundation can identify potential recipients, make grant payments, and monitor performance. |
Trustees must perform, contract, or hire staff for these services. |
General administration and fees |
Investment, financial, and administrative management are handled by the foundation. Total annual fees typically range from 1.0 – 2.5%. |
Trustees must perform, contract, or hire staff for these services. Total annual fees typically range from 3.0 – 5.0%, and may decrease as assets grow. |