In Youngstown: 201 E Commerce St., Suite 150 - Youngstown, OH 44503 • P: 330.743.5555 • F: 330.743.1802
In Warren: 147 W. Market St. - Warren, OH 44481 • P: 330.469.6832 • F: 330.394.5601

Professional Advisors

Planned Giving

The Community Foundation of the Mahoning Valley created our Legacy Society to acknowledge and thank special donors who have chosen to provide for the future of our community through planned gifts made to us from their estate.

If you decide to leave us a planned gift, please let us know. We want to make sure we have your wishes on record to ensure that your intentions are followed in perpetuity.

The Community Foundation is also a proud member of the Mahoning / Shenango Planned Giving Council. This provides members with partnership in the LEAVE A LEGACY® campaign – a public awareness campaign designed to inspire people just like you to make a charitable bequest. It does not solicit gifts for any particular organization. You are encouraged to make a charitable bequest to the organization(s) that you deem deserving of your support.

Types of Planned Giving

Including The Community Foundation of the Mahoning Valley in your will helps you create a legacy for future generations. Planning today can help those in the future have the quality of life we would all treasure. Please contact the Foundation at 330.743.5555 or your Professional Advisor with any questions. The types of planned charitable gifts include:

  • Bequest: A bequest can be made by naming The Community Foundation as a charitable beneficiary in a new will, or adding a codicil to an existing will. The bequest can be in the form of a stated dollar amount or specific property, a percentage of the estate, or a portion of or the entire residue.
  • Life Insurance: Donors may give a life insurance policy no longer needed, take out a new policy or name The Community Foundation as a beneficiary of an existing policy. A gift of life insurance may provide valuable income and estate tax savings.
  • Charitable Remainder Trust: A Charitable Remainder Trust (CRT) allows a donor to establish a trust for the ultimate benefit of his or her fund at the Foundation, retain a lifetime income generated by the contributed assets, receive a current income tax deduction and defer the capital gain recognized on the sale of the contributed asset. A CRT may help you eliminate capital gains taxes, reduce or eliminate gift and estate taxes, improve lifetime cash flow and when coupled with an asset replacement trust, provide for heirs as well.
  • Retirement Accounts: Retirement plan accounts and IRAs may be subjected to layers of taxation – both estate and income tax. A charitable gift of these funds at death, however, can provide a donor’s fund with the full 100 cents on the dollar.
  • Charitable Lead Trust: This allows donors to provide income to their fund at the Foundation for a specified number of years. The remainder is then returned to the donor or his or her named beneficiary. Benefits may include the transfer of assets to others free of estate, gift and income taxes.
  • Life Estate: If a donor owns valuable property and is interested in using it during his or her lifetime but makes arrangements to give it to The Community Foundation upon death, he or she may receive a current income tax deduction and future estate tax deduction.

Legacy Society

Thank you to all of our supporters who have remembered the Foundation in their estate plans.

  • Nancy & Bruce Beeghly
  • Paul and Barbara Powers Charitable Remainder Trust