| Donor Advisors |
| Thank you for choosing Crossroads as your partner in philantrhopy! The following are some valuable tools to help you. Grant Recommendation Form Recommend a grant from your donor advised fund here. Stock Transfer Form Instructions for transferring stock. How to Use Your Fund at Crossroads Community Foundation Donations: Check donations should be made payable to Crossroads Community Foundation with the Fund name on the memo line. This also applies to money orders. Checks should be mailed to the Foundation or handed to a Foundation staff member. If you are collecting checks and forwarding them to the Foundation, it is important that if addresses are not included on checks you attach an address list so that we may properly acknowledge them. Checks without addresses will be processed but the Foundation will not send an acknowledgment. If you have collected a group of checks to forward tot eh Foundation, please include a count of the number of checks and their total amount so that we can balance to your totals. Donations should be submitted to the Foundation within 2 weeks from the date you received them. Cash donations must be hand delivered to the Foundation at which time a staff member and you must count and sign off on the amount of cash delivered, to ensure proper credit to the designated fund. Please provide the Foundation with the name and mailing address of the donor(s) so that the Foundation may process the acknowledgment letter. Stock or wire transfer donations are accepted at Crossroads Community Foundation. All donors should contact the office before making the transfer. Stock gifts are acknowledged with the mean value of the shares gifted on the day of receipt by the Foundation. The Foundation processes donations as quickly as possible, usually within five business days. However, during high volume periods of the year, please allow two full weeks for donations to be processed. Your fund will be credited with the full value of the stock gift regardless of the amount of processing time required after receipt by the Foundation. Crossroads Community Foundation will send an acknowledgment for tax purposes to the donor, regardless of the amount donated. We will send the Fund advisor a copy of each acknowledgment letter, unless instructed otherwise. This allows you to know about each donation to the Fund, even if it is sent directly to the Foundation. Donations for Appeals/Fund-Raising Events: If you are forwarding proceeds from fund-raising events, please state this clearly so that we do not give out tax-deduction acknowledgment inappropriately. No one can take full tax deduction if they have received goods and/or services. If a check is written for an amount greater than the amount paid for goods and/or services, we need to know the portion that is a donation and the portion that is a payment for tickets, etc. so that we may acknowledge the correct level of the donation. (i.e. if you are hosting a benefit dinner and you are charging $100 per ticket but the value per plate is $20, the person attending is eligible for a $80 tax deduction). If this information is not made clear, the Foundation will thank the donors for their gifts, but will not include any language regarding a tax deduction. *Disbursement requests to vendors must by accompanied by invoices/receipts and disbursement requests to individuals must be accompanied by invoices/receipts and the social security number of the individual. |
