Ways to Give

Cash & Checks

Gifts of Appreciated Stock

Qualified Charitable Distribution (QCD) from IRA

For 2024, individuals can make a QCD beginning at age 70 ½ (up to $105,000 per year per person or $210,000 for married couples). Beginning at age 73, a QCD can also qualify as the Required Minimum Distribution (RMD) up to $105,000 per year). This limit applies to the sum of all QCD’s taken from all IRAs in a calendar year.

  • Now that Congress has eliminated the Stretch IRA provision (inherited IRAs can no longer be paid out to heir over lifetime but must be fully disbursed within 10 years), more people are looking to their IRA to fulfill philanthropic goals and use other assets to pass to heirs with less tax burden.

Grain may be current crop or stored grain

  • If possible, please notify EFC of your intended gift of grain by emailing us at info@elmwoodcf.org to ensure we have an account set up at the elevator of your choice.
  • Deliver the grain to your elevator of choice and let them know to designate the amount of grain you wish to donate and area you wish to support. Example – ECF – Wellness Center, etc.
  • EFC will make arrangements for the sale of the grain in ECF’s name. Local elevators have ECF’s information on file.

Wills, Trusts, Insurance policies, IRAs, etc. – Provide future support for ECF – greatest needs, or a specific area they support. Your estate receives a charitable deduction and you make a difference by sharing your legacy with future generations! 

Donation Mailing Address

Elmwood Community Foundation
PO Box 131
Elmwood, IL 61529

The Elmwood Community Foundation (FEIN#37-3181626) is a qualified 501(c)(3) nonprofit organization and per IRS regulations your donation is tax-deductible to the extent allowed by law. Please consult your tax professional concerning the deductibility of your charitable giving.