Gift Options

There are many ways you can give to the Hesston Community Foundation: You can give now or plan to give later. You can support an existing fund or establish a new fund yourself. It’s up to you.

Gift Options Include:

  • Immediate Gifts
    • Make a gift today, and its earnings will continue to make a difference in Hesston for years to come. Your gift to the General Endowment benefits all of the many areas Hesston Community Foundation supports.
  • Memorials for Loved Ones
    • Make a gift that commemorates someone special who has passed away. You’ll ensure your loved one’s good name lives on and is associated with a legacy of philanthropy.
  • Class Reunion Projects
    • Whether you attended Hesston public schools or Hesston College, organizing your class’s giving through a fund at the Hesston Community Foundation will not only benefit education in Hesston, but also offers you tax deductions not available with gifts made directly to your school.
  • Immediate Designated Gifts
    • Make a gift to the Hesston Community Foundation and tell us how you would like it to be directed. We’ll use your gift to make a grant to the charity or charities of your choice.
  • Existing Funds: Permanent Endowments
    • We have a number of funds that serve as permanent endowments for specific organizations. In these funds, principle is invested, and earnings are distributed annually to the designated organization, so the charity has a permanent source of revenue.
  • Existing Funds: Community Gift Funds
    • You can choose to have your gift directed to one of two existing Community Gift Funds benefiting women and children. The Women’s Community Fund awards grants to a variety of organizations in Newton and Harvey counties. The Central Kansas Kids Fund awards grants to charities that serve children in the central Kansas area. All money contributed to these non-endowment funds is available to be paid out in grants.
  • Funds You Establish
    • Start a new endowment fund to benefit the charity or charities important to you, support a particular field of interest, or provide scholarship monies. The fund can be named in memory or honor of a loved one or influential person in your life.
  • Lifetime Income Plans
    • Lifetime income plans can be configured in myriad ways and will be tailored to your assets, goals and charitable intentions. Generally, they provide you an assured annual income for the rest of your life, with any remaining principal donated to designated charities upon your death.
  • Charitable Gift Annuities
    • A charitable gift annuity provides a set income for life and immediate income tax benefits when you make an irrevocable gift to the Foundation. Upon your death, the remaining value of your gift transfers to the Foundation’s unrestricted endowment or to charities or funds you recommend.
  • Charitable Remainder Trusts
    • A charitable remainder trust provides an immediate tax deduction when you place assets in an irrevocable charitable remainder trust. In return, you receive income for life or for a specified number of years. Income can be a fixed annual dollar amount or a percentage of the trust, which is valued each year.
  • Deferred Payment Charitable Gift Annuity
    • A charitable gift annuity functions like an IRA and provides an immediate tax deduction. With a deferred payment charitable gift annuity, in exchange for an irrevocable gift, the Foundation agrees to pay you a fixed annuity amount for life, starting one or more years in the future.
  • Charitable Lead Trusts
    • A charitable lead trust provides significant estate and tax benefits and is especially advantageous for passing assets to your heirs. Your assets are placed in a trust for a term of years, with income paid to the Foundation to be used as you recommend. When the term expires, the trust principal is distributed to your heirs.