Whatever your philanthropic interests, The Spartanburg County Foundation provides expertise and flexibility in charitable giving. We will work with you to create a giving program that is customized to your needs.
Through the Foundation, you may contribute a variety of assets to add to an existing fund or to create a new fund to fulfill your charitable goals. You receive maximum tax advantages and are able to contribute during your lifetime or create a bequest in your will.
You may also consider a gift to the Community Fund, allowing our Trustees to provide grants which respond to ever-changing community needs that may not be anticipated at the time your gift is made.
For more information about giving through The Spartanburg County Foundation, please contact Troy Hanna, president & CEO, at (864) 582-0138.
A gift of cash is the most popular way to give because of its simplicity. A cash gift of any size is always welcome. You may give online by credit card or you can mail a check to the lockbox address below.heck or credit card.
Please mail gifts to:
The Spartanburg County Foundation
424 E. Kennedy Street
Spartanburg, SC 29302
You may give stock and receive a tax deduction for its full market value, thus reducing capital gains tax on appreciated stock. This is often the most effective way to make a philanthropic gift. Click here to download a sample letter which can be used to facilitate your stock gift. Gift of Stock
The Foundation will accept most gifts of real estate. Such a gift allows you to avoid taxes on capital gains, thus enabling you to provide a greater benefit to the designated non-profit. Gift of Real Estate
You can name The Spartanburg County Foundation, or other qualified non-profits, as owner of a paid-up life insurance policy. You receive a tax deduction and gift credit based on the current value of the policy. Gift of Life Insurance
Bequest by Will
You may transfer any asset you own through a written will to benefit a specified non-profit. Such transfers will yield no tax benefit to you during your lifetime. Bequest by Will
Charitable Remainder Trust
You may use many different assets to establish trusts that will benefit you and your heirs for life or for a specified period of time. The remaining interest in the trust is earmarked for designated non-profits. These trusts provide significant tax benefits for you. Charitable Remainder Trust
Charitable Lead Trust
A charitable lead trust is the reverse of a charitable remainder trust and enables you to transfer assets to heirs with a lower tax burden. Once such a trust is established, the you may designate non-profits to receive the benefits from the trust for a specified period of time before the assets go to designated heirs. Charitable Lead Trust
Charitable Gift Annuity
A charitable gift annuity enables a you to transfer cash or marketable securities to The Foundation for the ultimate benefit of a qualified non-profit. In return, The Foundation promises current income tax deductions and fixed annual payments to you for life. Charitable Gift Annuity
Many investors are beginning to realize that upon their death, unused IRA assets will be heavily taxed. In fact, it’s been estimated that estate and income taxes could consume anywhere from 60% to 80% of the money remaining in IRA assets. Avoid this tax by naming a tax-exempt charity such as The Spartanburg County Foundation or a fund managed by The Foundation with your unspent retirement assets. IRA Opportunity
Planned Giving Legacy Society
The Spartanburg County Foundation has a planned giving legacy society and we currently handle more than 80 planned giving funds for various charitable interests.
Please contact Troy Hanna, president & CEO, at (864) 582-0138 to further discuss your philanthropic goals.