Generosity. For Good.
The Mankato Area Foundation provides a medium for people to make a difference by offering annual, lifetime and planned giving opportunities. After 40 years, the Mankato Area Foundation continues to help individuals and organizations achieve their charitable goals by offering a variety of giving strategies and funds.
As donors, you have the opportunity to shape your donation by choosing from flexible funding vehicles such as designated, unrestricted or donor advised funds. The Mankato Area Foundation currently manages funds that can provide donors with the benefits similar to a private foundation without the burden of start-up/management and brings to life their passions and charitable dreams.
BENEFITS OF A COMMUNITY FOUNDATION
Making your charitable contributions through the Mankato Area Foundation offers many advantages.
As a community foundation, we can serve as your “one-stop shop” for all of your charitable giving needs. We provide an easy and effective way to support the projects and issues you care about through a gift to a single organization.
Any gifts given to the Mankato Area Foundation receive the maximum tax advantages for income, gift and estate tax purposes.
As a community foundation, we can receive many kinds of gifts, including unique assets such as gifts of grain, land and stock. At the Mankato Area Foundation, we can help you and your financial advisor develop a personalized gift plan to meet your financial needs and all of your charitable intentions, now and in the future.
MAF in Our Community
Community foundations are a creative and flexible means for community-based philanthropy. Donors who want to give back to “Main Street” have a myriad of options. The role of the Mankato Area Foundation is to assist donors in structuring their gifts so both the donor and the community benefit from their charitable generosity.
The Mankato Area Foundation offers a wide range of planned giving/deferred gift options such as bequests, charitable remainder trusts, charitable gift annuities and charitable lead trusts. We will work with financial advisors to garner the best tax advantages and financial security while carrying on the donors legacy of giving. To learn more about Planned Giving, click here.
What to Give
The Mankato Area Foundation knows the issues facing our community and we’re committed to shaping it for good. As a local partner for over 40 years, we’re here to help you create a giving program that works for you, your assets, your wishes and your goals.
There are many ways to give to the Foundation. You can contribute a variety of assets such as:
- Cash gifts
- Stocks and securities
- Mutual funds
- Life insurance
- Real estate
- Assets of other trusts or of a private foundation