Donations
The Milbank Community Foundation enables many area residents to give financial support to organizations and causes in the community. Gifts to the foundation cost less to the donor because of the excellent tax benefits of a community foundation. Some large gifts can be structured in such a way that because of the tax savings the donation costs very little to the donor. Gifts in the form of stocks, mutual funds, bonds, or other property that have appreciated in value can provide additional savings because the donor avoids the capital gains tax that would be payable if the appreciated property was sold.
In Memoriam
Memorial contributions offer a permanent way to remember friends and relatives while providing a lasting gift to the community.
In Honor
Holidays, birthdays, retirements, anniversaries, or other special occasions are times when individuals can be honored with a gift to the Milbank Community Foundation.
Additional Information for Donors:
The Milbank Community Foundation Board will be happy to meet with prospective donors and discuss with them terms and conditions, if any, of their gifts or requests. Prospective donors are urged to confer with their own attorneys, accountants, and financial planners regarding any contributions.
The name or identity of the donor may be forever attached to a gift or the donor may remain anonymous if he or she so desires. If you would like more information on different giving options or making an anonymous gift, please feel free to contact us:
Craig Wellnitz, Finance Director
Milbank Community Foundation
103 Flynn Drive; P.O. Box 366
Milbank, SD 57252
(605) 432-9000
milbankcf@itcmilbank.com
www.milbankcf.com
Option B
You can now make an online donation via PayPal! Click the link below to make your online donation.
Option A
Click the link below to download the PDF pledge form. Donations can be dropped off to the Milbank Community Foundation office during normal business hours. You can also mail donation to P.O Box 366 or drop off at 103 Flynn Drive.
How Can You Help?
You can help by contributing in any number of ways to the Milbank Community Foundation.
Outright Donations
Cash gifts
Real estate
Securities
Personal property
Special Purpose Gifts
A memorial in honor of a deceased person
A gift to honor a living person
A gift to commemorate a special occasion
Deferred Gifts
Bequests
Life insurance
Trusts with charitable provisions
Gifts Are Tax Deductible
The Milbank Community Foundation qualifies as a public charity under federal tax laws, and all gifts are tax deductible under the Internal Revenue code. Depending upon your income bracket, you may find that you can make a more substantial gift than you had originally intended since the government, through allowable tax deductions, stands part of the cost.