Frequently Asked Questions for Donors

Q: What types of funds can I establish with the Saginaw Community Foundation?
A: Donors can create donor-advised funds, scholarship funds, field-of-interest funds, or unrestricted funds. Each fund type allows you to direct your giving according to your goals and community priorities.

Q: How do donor-advised funds work?
A: A donor-advised fund allows you to contribute assets, receive an immediate tax benefit, and recommend grants over time to qualified nonprofit organizations.

Q: Can I contribute non-cash assets?
A: Yes! The Foundation accepts gifts of cash, stock, mutual funds, real estate, and other appreciated assets. Our team can guide you through the process.

Q: Are my contributions tax-deductible?
A: Yes, gifts to the Saginaw Community Foundation are fully tax-deductible to the extent allowed by law. We provide documentation for all donations.

Q: Can I create a scholarship fund?
A: Absolutely! Donors can establish a scholarship fund to support students in Saginaw County or other eligible regions. You can set eligibility criteria and award amounts.

Q: How do I track my donations and grants?
A: The Foundation provides regular statements for all funds, detailing contributions, grants made, and fund performance. Donors can also access online fund portals for easy management.

Q: Can I involve my family in my charitable giving?
A: Yes! Many donors create family funds or involve family members in grant recommendations, helping teach philanthropy across generations.

Ready to make an impact? Contact us at (989) 755-0545 to learn how you can give, guide, and inspire change in the community.