COMMUNITY FOUNDATION OF RED BUD
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 COMMUNITY FOUNDATION ​OF RED BUD
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FREQUENTLY ASKED QUESTIONS

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WHAT IS THE BENEFIT OF HAVING A COMMUNITY FOUNDATION?
It helps raise the level of local giving by keeping and building assets in the community to serve the community. It also helps to ensure that charitable endowment gifts will remain effective and relevant now and for future generations. Even as local needs and opportunities vary, the Foundation can adapt funds for relevance in a changing community.

WHAT “COMMUNITY” DOES THE FOUNDATION SERVE?
The” Community” is not just the city limits of Red Bud but includes all of the 62278 zip code. 

WHAT IF I’M NOT A RESIDENT OF THE RED BUD COMMUNITY?
A donor’s residency makes no difference in giving to the Foundation. You still have the tax deductible status and the satisfaction of helping our community thrive.

WHAT IF I CAN ONLY GIVE A SMALL AMOUNT TO THE FOUNDATION?
The Foundation offers a variety of options for making donations. By combining your resources with those of others that share your interests, you can maximize the impact of a modest contribution. Gifts of any size make a difference and are always appreciated.

IS MY DONATION TAX DEDUCTIBLE?
Yes, the Foundation is a 501(c)3  non-profit organization.
Only your attorney or accountant can offer you personal tax advice.

WHAT ARE THE DIFFERENT TYPES OF ASSETS THAT THE FOUNDATION WILL ACCEPT?
Gifts generally accepted without review:
Cash               Checks           Marketable securities       Bequests
 
Gifts accepted subject to prior review:
Real estate    Life insurance      Tangible personal property         ETC.

The Community Foundation will seek legal counsel in matters relating to acceptance of gifts when appropriate.

WILL THERE BE RECOGNITION FOR BECOMING A DONOR TO THE FOUNDATION?
Categories for giving and recognition of donors have been established. Your donations will be cumulative and be given recognition as you progress through the different levels. The gifting level classifications are:
Supporter $1-249                Friend $250-999                 Associate $1000-2,499
Advocate $2,500-4,999     Benefactor $5,000-9,99     Patron $10,000 and above
There may be naming opportunities for large gifts if the donor so desires.     

CAN I MAKE A DONATION ANONYMOUSLY?
Yes, include a note with your donation that states your preference to remain anonymous. The Foundation will still give you a tax receipt.

CAN I MAKE MY DONATION AS A TRIBUTE IN HONOR OF OR MEMORY OF SOMEONE?
Yes, include a note with the donation stating the name and address of either the honoree or the family of the person being remembered so that we can send them a letter.

WHAT ARE SOME PROJECTS THE COMMUNITY FOUNDATION IS HOPING TO FUND?
            Parks & Recreation
                        Playground equipment                 Splashpad equipment & structures
                        Dog park                                           Pocket parks
                        RBAA ball diamonds
            Downtown Improvements
                        Outdoor sound system                 Bistro lighting over the streets
                        Building murals                               Replace/refurbish light standards
                        Park benches                                   Christmas light display at Ratz Park
            Community Enhancements                   
                        Library programs                            Food drives and blood drives
                       
Art in public places

DOES THE FOUNDATION ACCEPT PLANNED GIFTS?
For those who want to leave a legacy of giving beyond their lifetimes, for generations to come, the Foundation will accept a variety of assets and will work with you, your loved ones and your advisors to help you realize your intentions and ensure your legacy of generosity.

DOES THE FOUNDATION ACCEPT MATCHING FUNDS
Yes, the Foundation is happy to confirm your donation or satisfy any other requirements your company may have.

CAN I EARMARK MY DONATION FOR A SPECIFIC PROJECT OR FUND?
Yes, after projects have been identified.

HOW DO I DONATE?
​​​Click here to donate. 

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