Any donor may make a gift of any amount at any time to any VCCF fund. Benefits of Establishing a fund at the Ventura County Community Foundation Simplicity Creating and administering a fund is simple and quick, requiring minimal paperwork. VCCF manages investments, processes fund distributions and files all appropriate tax returns. One contribution can address a number of different needs benefiting many charitable organizations. Tax Benefits Receive an immediate tax deduction the year in which the gift is made without having to rush into decisions regarding the ultimate timing or beneficiary of your gifts.
Contributions qualify for maximum deductions for income, gift and estate tax purposes.
Professional Management Enjoy the advantages of having your fund be part of an actively managed, diversified investment portfolio and have VCCF's professional staff available to answer questions, identify community needs and screen grant requests. Perpetuity Endowed funds will serve the community now and in the future because only the earnings are spent. Additions can be made to the funds at any time. All assets are held in trust. VCCF's Board provides careful stewardship of all gifts.