Lean On Us

Five Reasons to Reach out to CFGV

In an economic and legislative environment full of unpredictability, we encourage you to tap the knowledgeable team at CFGV–perhaps even more than you have in the past.  

If you’ve already established a Donor Advised Fund or other type of fund at CFGV, you’re familiar with many of the ways we make charitable giving easy, flexible, and effective so that you can achieve your goals for improving the quality of life in our community as well as fulfilling your own estate planning and financial objectives. 

Not quite sure when to reach out? If any of these situations applies to you, drop us an email or give us a call! 

The last few months of the year are always hectic with holiday activities. When you layer on the added stress of tax planning and completing the charitable giving plans you set back in January, you might tip the scales from hectic to chaos! CFGV can help organize your year-end charitable giving early so that it achieves both your financial and your philanthropic goals.

We’re sure you’ve seen stories over the course of the year that focus on the impact of federal funding cuts on local programs. The local newspapers and KBUT have done a great job of covering actual and potential cuts and how that will impact everything from food security to healthcare to public media. CFGV has been convening nonprofit leaders behind the scenes to get a true measure of the scope of the challenges we face and develop creative solutions. At the same time, generous community members have been stepping up to fill some of the gaps that now exist. That work continues.

If you are looking for a way to help, CFGV is Gunnison County’s home for charitable giving. We have a finger on the pulse of our community’s needs and the nonprofits that are addressing them. Our team can provide information about program cuts that have left people in our community vulnerable and share ideas and recommendations for how you can help fill the gaps.

Last month, we shared a post about the changes coming due to the One Big Beautiful Bill Act. The changes to charitable giving deductions are a bit of a mixed bag. It’s hard to predict how those changes will influence giving decisions.

For people who itemize deductions on their individual income tax returns, 2025 may indeed present opportunities. CFGV is happy to work with you and your tax advisors to structure gifts to a Donor Advised or other type of fund at CFGV to ensure that you’re leveraging tax advantages while also maintaining consistent support year after year for the causes you care about.

Many people do not realize until it’s too late that they can give real estate or closely-held stock to a fund at CFGV well in advance of a future sale and achieve significant tax benefits while also setting aside charitable dollars to make a positive difference in the community either immediately or across generations. Before you and your advisors put any pen to paper on the disposition of real estate or private business interests, please reach out! 

Please reach out to CFGV anytime you are updating your estate plan or related financial documents, such as beneficiary designations on IRAs, life insurance policies, or retirement accounts. There are many creative ways you can structure your giving to benefit the causes that matter to you while making sure your family is taken care of.

Our team is happy to work with your advisors to deploy the community foundation’s flexible tools to round out your estate plan and make sure you’re exploring the tax benefits of using various types of assets to fund your charitable intentions. 

Whatever your charitable giving situation, we are here for you! Whether you’ve already started a fund at the community foundation or you’re considering getting involved, we look forward to our conversation!