A New Way to Give.
Introducing the new Placer County
Anu Vuorikoski Arts & Culture Legacy Giving Fund
Anu Vuorikoski served as the Treasurer for the Arts Council for a total of five years. She greatly valued a vibrant arts community and was keenly aware of the financial struggles artists and arts organizations face. Her legacy gift seeds a permanent fund at Placer Community Foundation in which gifts of all sizes are pooled and invested for long-term growth. Cumulative earnings on investment are distributed as a grant to the Arts Council of Placer County to directly support their work. The greater the assets in the fund, the greater the impact the Council can make to promote and advocate for all arts across Placer County.
Great Reasons to Give.
• To enrich and help develop the artistic culture of our this region of Northern California
• Arts improve individual well-being
• Arts unify communities
• Arts improve academic performance
• Arts strengthen the local economy
Join in giving! Testimonial from resident, and donor, Karen Killebrew best explains why a legacy is important-
"When my husband Steve and I moved to Placer County 25 years ago, we noticed right away how many nonprofits do great work here, and what an amazing giving community it is. When we made our wills and trust, we decided to dedicate one-third of our estate to several organizations that we support and have come to admire for their great work. A planned gift seemed like the best way to contribute to the quality of life for future residents of Placer County. We were delighted to discover that the Placer Community Foundation could manage this portion of our estate, allowing us to easily add and update funds without expensive attorney fees.
We have just modified our charitable intent to include the Anu Vuorikoski Arts & Culture Legacy Giving Fund. We feel great knowing that our estate will ensure that the Arts Council of Placer County and other fine organizations will continue for generations to come. "
-Karen Killebrew, 2020 Board Chair, Arts Council of Placer County.
The Power of Endowment.
The power of an endowment is in its continuity. Your gift is preserved in perpetuity, with the funds pooled for maximum benefit and invested to achieve long-term capital growth.
An endowment comes with several advantages, and will:
- Provide dependable, perpetual income to your chosen nonprofit
- Carry on your family's name - and legacy- forever.
- Allow successive generations to continue family giving traditions.
With a planned gift, you can benefit too:
- Make a larger charitable gift than you thought possible
- Reduce your income tax and avoid capital gains taxes
- Provide inheritances for your heirs at a lower tax cost
- Diversify your investment portfolio · Increase income and effective rate of return
- Leave a legacy without giving up assets
Organization sustainability and emergency funding Legacy giving puts your funding into the future.
Make the Arts Council of Placer County part of your living legacy by naming our Anu Vuorikoski Arts & Culture Legacy Giving Fund in a Memorandum of Charitable Intent.
Tips to Make Giving Easy
Give cash, stock, real estate or other tangible assets
Designate a portion of an estate.
Charitable IRA Rollover's are tax-free up to $700k-note CARES Act in 2020.
Charitable Lead Trust
Trust pays the community foundation a fixed amount for a number of years and then assets go to the beneficiary.
Charitable Remainder Trust
Trust pays beneficiary for life and then assets transfer to a community foundation.