The end of the calendar year means a busy season for charitable giving. The Hastings Community Foundation has tools and services to help reach your year-end philanthropic goals.

Donor Advised Fund – Think of DAFs as a philanthropic investment account. A DAF is established with an initial contribution of cash or securities, the full amount of which may be eligible for an immediate charitable tax benefit. The fund grows with investment earnings (and any additional contributions you make). Distributions from the fund to nonprofits are made in amounts and on timelines that you suggest.

Anonymous Giving – Some donors wish to make gifts anonymously to nonprofit organizations, but still want to receive a charitable tax receipt. The HCF is happy to facilitate these transactions. Donors can write a single check (payable to Hastings Community Foundation) and provide us instructions on how the gift is to be distributed. We’ll receipt your gift and make your distributions anonymously. Any special correspondence we receive as a result of your anonymous gifts will be forwarded onto you.

Transfer of Securities - You can turn securities (including stocks or distributions from an IRA) into a cash gift for your favorite nonprofit. The process starts when you transfer securities to the HCF. Those securities are liquidated, and proceeds are allocated to nonprofit organizations based on your recommendations. (This process can be especially convenient if you’re wanting to complete multiple Qualified Charitable Distributions with one simple transfer.) Including the Hastings Community Foundation as a recipient of the proceeds is always appreciated, but not required.