Planned Giving and Your Community Foundation
Life moves quickly. We live, work, play, save, plan—and before we know it, the years have passed. At some point, we all pause to reflect on our story—the legacy we want to leave and the difference it can make for generations to come.
Your Giving Plan - Leaving A Legacy of Love and Support
Through the DeKalb County Community Foundation, you can create a planned gift that leaves a meaningful legacy of love and support. We take the time to understand your charitable goals and offer personalized guidance to help you achieve them. Together, we can ensure the causes you care about most are supported for generations to come.
The Community Foundation partners with donors and professional advisors to facilitate planned giving through charitable bequests, life income gifts, retirement assets, and other flexible giving options.
Planned Giving Options
The Community Foundation partners with donors and professional advisors to offer a variety of planned giving options tailored to your philanthropic goals:
- Bequests (The most common of planned gifts): Bequests are gifts of any amount made to an individual or organization through a will or trust. When given to the Community Foundation, these gifts can be designated for a specific purpose or remain unrestricted to support the Foundation’s mission for generations. Designated gifts can benefit a particular area of the Foundation’s work, a specific nonprofit or cause, enhance an existing Fund, or establish a new Fund that aligns with your charitable interests.
- Life Insurance Policies: Name the Community Foundation as the beneficiary of your whole life insurance policy. Your annual premiums then become tax-deductible gifts.
- IRA/401K Plans: Designate the Community Foundation as a beneficiary for a portion or the remainder of your retirement plan.
- Charitable Lead Trusts: Provide financial support to one or more charities for a fixed period, with remaining assets eventually passed to family members or other beneficiaries.
- Charitable Remainder Trusts: These irrevocable trusts allow you to donate assets to charity while receiving annual income for life or a specified term.
- Charitable Gift Annuities -Create a contract with the Foundation where you gift assets in exchange for a fixed monthly income for you and up to one additional beneficiary, continuing until the last beneficiary passes.
Together with you and your professional advisor, we work to help you express your legacy and achieve your goals. Our commitment is to honor your philanthropic vision—now and forever.
For Professional Advisors: The DeKalb County Community Foundation is located at 475 DeKalb Avenue, Sycamore, Illinois, 60178. It is a tax-exempt charitable organization under Section 501(c)(3) of the Internal Revenue Code. Tax identification number: 36-3788167.
For questions or more information about planned giving in partnership with the Community Foundation, please contact Executive Director Dan Templin at 815-748-5383 or dan@dekalbccf.org.
Dinontas Society – Honoring Those Who Gave!
Greek for “Giving,” the Dinontas (Δίνοντας) Society is a special community of donors to the Community Foundation who have completed financial contributions as provisions of their will, charitable trust, estate plan, or memorial gift designation.
In honor of these generous donors who have left a lasting legacy of love and support, we created this special space to share their stories.
Transfer of Wealth in DeKalb County
The Community Foundation is pleased to share state and county results from the 2021 Transfer of Wealth Opportunity Study conducted for Illinois. This study highlights the potential for generosity across generations over the next 10 and 50 years.
In DeKalb County, it’s estimated that $2.5 billion will transfer in the next 10 years, and $19 billion over the next 50 years. We live in a generous community where individuals and families want to give back to the causes and communities that matter most to them. Preserving a portion of this wealth for the betterment of our county can foster economic vitality and significantly enhance the quality of life in DeKalb County.
