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The non-profit Costa Mesa Community Foundation provides opportunities for donors wishing to contribute assets for the benefit of our community.

What are the tax benefits of giving to the Costa Mesa Community Foundation?

Because we are a community foundation we are a fully tax-exempt foundation under Section 501(c)(3), a publicly supported organization under Section 170(b)(1)(A)(vi) and "not a private foundation" under Section 509(a)(1) of the Internal Revenue Code. This creates the potential for the greatest possible charitable deductions. As a community foundation, we are not subject to excise taxes and other management and reporting requirements, which apply to private foundations. And your donation is completely tax deductible!

Why should I use the Costa Mesa Community Foundation?

There are several reasons. With us, you can give forever, qualify for tax savings, rely on full accountability and have access to resources that will help identify grant recipients that best match your interest. In addition, giving through the Foundation allows you to give with a Costa Mesa focus.

In what ways are funds distributed from individual component funds to the community?

The foundation distributes funds through competitive grants, projects, and scholarships at the request of donors. Your gift can sponsor specific or general projects, which interest you.

How much of my donation will be used for administrative costs?

None. All donations will be used for community programs and projects.

 


phone Call us at
(714) 754-4950
to discuss your
contribution or click the following button


 

© 2002-04 Costa Mesa Community Foundation
P.O.Box 10268 - Costa Mesa, CA. 92627
Tel: (714) 754-4950
 
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