Help Us Grow Our CommunityMake a Donation Today!
Your donation makes a difference in your local Monmouth-Independence communities. All funds are invested right here in Monmouth and Independence, and make an impact for today and the future. Check out the variety of ways to donate today and welcome to the MICF Family.
How to Make a Donation:
Mail to MICF PO Box 84,
Monmouth Oregon 97361.
Please include your name, address, tax id number, telephone number and we will mail you a receipt for tax purposes.
Or, donate online via PayPal using the secure link below:
Support Your Community
You get the satisfaction of serving your community with a continuing endowment to the future.
Common Types of Donations
- Real Estate
- Living Trust Proceeds
- Life Insurance
Memorial endowments are part of Endowment funds and are established by the families and friends of the deceased citizens of the community. Memorial endowments have been found in the memory of:
Wilma Hein, Stephen Pfaff, Corrine M. Boyd, Mathew R. Thompson, Helen K. Thompson, Lucas Albert Mendazona, Mildred Kane, and Van Holstad.
The Foundation is now associated with the Oregon Community Foundation. It can now offer professional management of such forms of Deferred Gifts as Unitrusts, Deferred Annuities, Pooled Income Funds, and gifts of Life Insurance and Retirement Accounts. The Foundation and the Oregon Community Foundation experts can work with you and your attorneys or tax advisors in designing a Planned Giving program that can have favorable income tax and estate tax results.
Gifts may be restricted or unrestricted.
Restricted gifts may be only used for a specific purpose, field of interest, organization, or agency in the community.
Unrestricted gifts allow greater flexibility to meet community needs.
Gifts may be designated for present use or the Endowment Fund. Contributions to the Endowment Fund ensure the principal is not spent, only the interest and earnings on that gift from investments. Gifts not designated for the Endowment Fund may be used for the specified charitable purpose during the current year.
Are Gifts Tax Deductible?
Yes. The Internal Revenue Service has declared the Monmouth-Independence Community Foundation exempt from income tax under Section 501(c)(3) of the Internal Revenue Code. You may be able to deduct the amount of your gift to the Monmouth – Independence Community Foundation for both state and federal income tax purposes. Your tax preparer can tell you if you qualify. Your canceled check will act as your receipt. For contributions of $100 or more, a receipt will be mailed to you at the end of the year.
Oregon Income Tax Credits
The Foundation is affiliated with the Oregon Cultural Trust. Matching gifts to both the Monmouth-Independence Community Foundation and the Oregon Cultural Trust: Your gifts to the Oregon Cultural Trust may be treated as a complete Tax Credit against your Oregon Income tax and your contribution to the Monmouth-Independence community foundation a deduction against taxable income. Your tax advisor can tell you how this works.
For more information about the Oregon Cultural Trust (click here).