How To Give PDF Print E-mail

 

Donate Now
Use our secure, on-line donation form and start helping today. Click Here

Annual Gifts
Choose from a variety of ways to contribute to The Summit Foundation annually.

PATRON PASS PROGRAM: The Foundation's Foundation
A fully transferable season ski pass so generously provided by Arapahoe Basin Ski Area, Breckenridge Ski Resort, Copper Mountain Resort, Keystone Resort, Winter Park as well as Vail and Beaver Creek, anchors the Patron Pass Program. For each annual contribution of $4,000, you will be recognized with a Five Mountain Bonus Patron Pass. The Summit, Winter Park & Eagle Counties Seven Mountain Bonus Patron Pass is awarded for a $5,000 annual gift. In addition to the transferable season ski pass, there are a number of other benefits associated with this program, such as complimentary and discounted golf, lodging and activities.

OUTRIGHT CONTRIBUTIONS: Keep it Simple
Gifts to The Summit Foundation, whether cash, securities, assets, property or other, are tax deductible as allowed by the IRS. Sounds too simple? Well, it's not.

EMPLOYEE GIVING PROGRAMS: Never Underestimate the Power of a Few
Simply put, this is one of the easiest and most organized ways to contribute to the community. By leveraging gifts through the workplace, employees and employers alike can make an impact.

SPECIAL EVENTS & PROJECTS: Tee It Up or Get Quacky
The Foundation raises monies through a variety of special events and projects each year, encompassing sporting activities, showcasing fine art and even embracing the wet, wild and wacky - our Rubber Duck Race. You can become involved by sponsoring, volunteering, donating product/services, or simply by attending. Plus it's a great way to meet new friends.

Lasting Gifts
Do you dream about doing more for your loved ones AND for the causes you care most about? By adding The Summit Foundation to your estate plan, we can help make it happen.

Giving a gift to the Foundation is easy and convenient, plus there can be significant tax benefits. Below are a variety of tools of giving that will make a lasting difference.

MEMORIAL FUNDS: Make Something Positive Out of a Loss
When a loved one dies, you may find solace by doing something positive that will benefit others and carry on the good name of the deceased. By establishing a Memorial Fund, your loved one's name will become a permanent living memorial that will have great meaning.

SCHOLARSHIP FUND: Educate the Future
You can establish a Scholarship Fund with a minimum contribution of $25,000 to support programs currently funded by the Foundation, including high school seniors, foreign travel or perhaps within organizations we support. Your fund is administered by the Foundation, with more than 20 years of grant making experience, and you receive tax benefits from your gift. You avoid the hassles and expense of establishing a private scholarship fund.

CHARITABLE LEAD TRUST: Help Now, Provide for Your Grandchildren Later
You donate part of your estate to the trust now and the income goes into your fund at the Foundation for a designated period of years. Your estate taxes are reduced and the property is not taxed to your children. When your children or grandchildren reach maturity, the trust terminates and they receive the assets. The community benefits during all of those years and your loved ones receive much more than they would otherwise.

GIFT ANNUITY: Put Your Assets to Work for You and Your Community
You can create a gift annuity by making a gift of cash or appreciated stock. In return, we pay you a guaranteed annual income for life. You receive significant tax advantages, including an immediate tax deduction for your gift. In addition, a portion of each income payment you receive is tax-free. After your death, the remainder of your annuity is used to create a charitable endowment fund in your name.

CHARITABLE REMAINDER TRUST: Take Care of Your Needs
Similar to a gift annuity, a charitable remainder trust (CRT) will pay you a guaranteed annual income for life. In addition to gifts of cash or stock, you may establish a CRT with gifts of real estate or other property. You also have the option of choosing to receive the income in a fixed or variable amount. The CRT is established by you and is held by you until death at which time the remainder is donated to the Foundation.

BEQUESTS: The Simplest Gift
Naming the Foundation as a beneficiary in your will or trust can be the simplest gift. You may choose to make your gift from your IRAs or other qualified retirement plan. Because these assets often carry a heavy income tax obligation to your heirs, they can be a particularly attractive source for funding your charitable gifts.

FIELD OF INTEREST FUND: Choose a Cause Closest to Your Heart
Establishing a Field of Interest Fund allows you to direct your giving as narrowly or as broadly as you choose - to pick the cause closest to your heart. Whether it's fostering the arts, children's literacy or music, empowering youth of our community or preserving our precious environment, you can depend on the Foundation to carry out your wishes.

What The Summit Foundation provides:

  • Research to identify worthy charities in your field of interest
  • Arrangements for site visits to charities you'd like to learn more about
  • Established grant guidelines
  • Tracking of grant activity and evaluation of grant results
  • 25 years of experience and presence in Summit County

At The Summit Foundation, we give individuals a "hand up, NOT a hand out" through our support of the many nonprofit organizations serving our community.

Through a gift to the Foundation, you can provide a lasting legacy. Every dollar donated to our Endowment Fund is part of the funds corpus. Your principle is protected in perpetuity and is carefully invested to generate earnings that are so necessary to fund a variety of community programs and services that are vital to this place we call home. Let The Summit Foundation be your partner in philanthropy so together we can make the greatest impact in our community.