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Foundation Property Inc.

Until 2004, all gifts to the Centre County Community Foundation had been cash or marketable securities. Appreciated securities are an especially attractive asset to use for charitable gifts because of the tax advantages.

To prepare for gifts of real estate and other forms of assets (artwork, jewelry, etc.) CCCF formed an IRS designated “supporting organization” in 2000. This organization, Foundation Property, Inc. (FPI) will review such gifts and then may accept those deemed appropriate for the Foundation. FPI accepted its first gift of real estate at the end of 2004.

The directors of Foundation Property, Inc. Ed Friedman, Bruce Heim, Bob Hoffman, Darren Johnston, Rich Kalin, Alison Kurtz, Tom Songer, David Weixel and Scott Yocum.

Please contact any FPI board member, or the Foundation at 814-237-6229 or info@centrecountycf.org if you would like to discuss a gift of real estate or other personal property.

 

P.O. Box 648, State College, PA 16804 ● 814-237-6229 ● fax: 814-237-2624
© 2003-2007 Centre County Community Foundation, Inc. | Developed by TekResults Ltd.

The official registration and financial information of Centre County Community Foundation may be obtained from the Pennsylvania Department of State by calling toll free, within Pennsylvania, 800-732-0999. Registration does not imply endorsement.