FREQUENTLY ASKED QUESTIONS
What are the benefits of partnering
with the Foundation?
A: There are many added benefits
to giving “to” and “through” the Foundation. Benefits go beyond realizing your philanthropic goals for your community.
The Foundation will handle all the paper work; acknowledgements, government forms and audits. We are a tax-exempt,
nonprofit organization and this entities you to a charitable income tax deduction for your gifts. In addition,
you may be able to reduce estate taxes by committing assets during your lifetime. With proper planning we can help
you structure your gift so that the distribution will be in perpetual support to the causes and charities
you believe in.
Q: What kind of gifts may I give?
A: A gift to the Foundation may consist of:
What about Corporate giving?
- Appreciated Securities
- Life Insurance (The Foundation is named as owner and beneficiary.)
- Real Estate
- Other Property of Value
A: Working with The Foundation, businesses are provided
with a centralized administration for their corporate giving as well as lower costs and increased
efficiencies in their charitable dollar distributions. A business may also want to set up a Scholarship Fund
in their company’s name. Your donated dollars will continue to grow and the Foundation will administer the scholarship's
Q: May I establish a fund named for
a member of my family?
A: Yes. Many families choose to establish a named fund
(i.e., The Smith Family Fund), creating a personalized legacy to their community.
Q: What community needs and projects
is the Foundation currently supporting through its resources?
A: Charitable giving is benefiting Union County through
The Art Box, YMCA, Veterans Memorial, Memorial Hospital, Marysville Housing Inc.,
Community and Seasoned Citizens, Keckley Park, North Union District Veterans Memorial, FosterFriends, Veterans
Remembrance Fund and various named scholarships. In addition, the Foundation awards several grants each year
to selected community projects and agencies, such as The United
Q: May I designate where my charitable
monies will go?
A: Through a “donor advised fund” you retain the
privilege of making recommendations for your specific charitable interests through a written agreement suggesting
the who, when, how much and how often. The Foundation is here to advise you in any way possible so that you have
the satisfaction of knowing you and your dollars are giving back to the community as you envision.
Q: How do I learn more?
A: To inquire about the benefits you and your community
will receive by using the Union County Foundation as your vehicle for charitable contributions, contact:
Dave Vollrath, Executive Director
126 N. Main Street, P.O. 608
Marysville, Ohio 43040