We all want to make a difference in the world and leave behind a lasting imprint on our society. When it comes to investing in the long-term success of local people, no organization is more committed to meeting the community’s diverse needs as Community Bridges. Together, we can make our community a better place for generations after us.
Leaving a gift in your will or trust is a powerful way to express your values now – and strengthen our community’s future. The right planned gift can provide you and your loved ones with tax and income benefits, while leaving a lasting impact on the people and programs that mean the most to you. To leave a gift in your will or trust, just discuss this language with a qualified
professional:
“I bequeath $_____ or _____% of my estate to Community Bridges, tax ID# 94-2460211, located at 519 Main
Street, Watsonville, CA 95076.”
You can decide to leave your gift for general purposes, or for a specific program. You can direct your planned gift to the general fund, or to our endowment.
Our largest gifts have come from bequest donors. These thoughtful and caring gifts support important services over many years. Your legacy can truly live into the future with a little planning today.
Stocks and gifts of appreciated assets, including appreciated shares of stocks and mutual funds, may be some of the most tax-efficient ways to give. If you have securities that have increased in value, you may receive a deduction based on the full appreciated value, and you might also avoid the capital gains tax that would have been due had you sold the shares.
Community Bridges uses the firm LPL Financial to handle all electronic transfers of stock. Your broker can transfer directly your gift to our account using this information:
Please have your broker include your name and contact information when making the transfer. Upon completion of your stock transfer, please complete this Stock Transfer Form and return to:
Community Bridges
519 Main Street
Watsonville, CA 95076
IRAs, 401(K), 403(B) and other retirement accounts grow tax-deferred, often becoming quite large over the years. Unlike many other types of investments, funds withdrawn from retirement accounts can be taxable to you and, eventually, to your heirs. Retirement accounts left to Community Bridges are removed from your estate for federal estate tax purposes. Plus, there is no income-tax assessed against your estate or your heirs when the funds are transferred to Community Bridges, allowing you to avoid multiple taxes.
If you are over 70 ½, you are required to take distributions from an IRA. Instead of creating a taxable event for yourself, make the distribution a charitable gift. As long as the distribution is paid directly to Community Bridges from your IRA administrator, the amount will not be counted in your taxable income for the year, which may result in tax savings for you!
Community Bridges is creating sustainable solutions to support our mission. Relying on government funding to support our programs simply isn’t enough. In 2014, we started an endowment to ensure that the safety net we have created will continue to grow for generations to come.
We invite you to join the “Community Bridges Founding 100.” This group will consist of 100 members that donate $1,000 or more to the Community Bridges endowment, helping us create lasting solutions to issues of poverty, health, and education in our community.
100% of profit from our endowment will be used to support the operations of our programs, strengthening this vital community.
Thank you to our first Founding 100 members:
Raymon & Trisha Cancino
Paul & Teresa Carrubba
Leland & Susan Faust
Barbara and Allen Frank
Ralph and Julie Kimball
Jerry Lopez & Ana Espinosa
The Solari Mazry Family Fund at Community Foundation Santa Cruz County
Susan Marinshaw
O’Connell Family
The Rinker-Kan Family
Paul & Baylee Whitted
Questions? Contact Anna Vaage, Annual Giving Coordinator, at 831-688-8840 x205 or annav@cbridges.org.
New giant mural celebrated in Pajaro | The Pajaronian | Watsonville, CA
pajaronian.com
Community Bridges and Hijos del Sol, a Salinas-based community art group, were part of a ribbon-cutting ceremony Friday in Pajaro to celebrate the completion of “Life Transforms/La vida se transform...
Celebrating 50 Years of Support
Join us at Food From the Heart to honor this legacy and support the future of senior care.
Celebrating 50 Years of Support
Join us at Food From the Heart to honor this legacy and support the future of senior care.
Every Family Needs a Plan
Urge the Attorney General to adopt California’s Childcare Safety Plan.
This
Strengthen
Our Roots
Since 1977, your generosity has helped our community grow stronger.
