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Home » Donate » Individual Giving » CMC Endowment

The CMC Endowment Fund

 

Through the CMC Endowment we are able to put your donation to work where it is needed most each year, and you can be confident your gift will keep CMC’s programs going strong well into the future. Like planned gifts, a contibution to CMC's Endowment is important to the sustainability of the Club and its future.

 

CMC’s Endowment Fund is held and managed by the CMC Foundation. A gift to the CMC Endowment is made through the CMC Foundation – please specify that your donation is designated for the CMC Endowment. Your support of CMC’s Endowment will help continue the legacy of CMC for another 100 years!

How can I make a gift to CMC’s Endowment Fund?

 

Gifts of Cash
If you itemize your deductions, you can lower your income taxes simply by making a donation to CMC’s Endowment Fund by December 31st. Gifts of cash are tax deductible up to a maximum of 50% of your adjusted gross income. Any excess can generally be carried forward and deducted over as many as five subsequent years. If you wish to mail a check, please make sure your envelope is postmarked by December 31st.

Gifts of Stock
A gift of appreciated stock generally offers a two-fold tax saving. First, capital gains tax on the increase in value of the stock can be avoided. Second, a charitable deduction is received for the full fair market value of the stock at the time of the gift. The stock must have been owned for a longer period of time (usually more than one year) to qualify for these tax advantages. A stock broker or trust officer can help you arrange an endowment gift of stock for your account. Gifts of appreciated stock are deductible up to a maximum of 30% of your adjusted gross income. Any excess can generally be carried forward and deducted over as many as five subsequent years. Your gift of stock should be made by December 31st of the tax year in which you wish the donation to qualify.

Make a Pledge

If you would like to leave a lasting gift to the CMC but don’t have the full amount at this time, you can make a pledge for the amount you wish to give and then contribute the gift in a lump sum or installments up to five years into the future. Download our pledge form here.


To learn more, please contact us at give@cmc.org or (303) 996-2752.