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Make Eugene’s Parks Exceptional

$24 in ’24

With $24 in 2024, ignite our growth and boost the impact of Eugene Parks Foundation, dedicated to providing extraordinary outdoor opportunities for our community. Scroll down to donate… 

The Legacy Circle Challenge

Our Legacy Circle members ensure the Foundation’s ability to successfully plan, advocate, collaborate and fundraise for crucial capital projects that help the City of Eugene provide extraordinary Parks and Recreation services to our residents. These projects otherwise would not have been built.

Each of our Legacy Circle Members invests an annual gift of $1,200 or more for 3 years to Eugene Parks Foundation.

* We match your contribution – your three-year pledge will be matched one-to-one by our current donors who issued a $24,000 matching grant that expires on December 31st, 2024. 

Designating donations by projects

Our supporters can chooses to designate their investments to align with their own values and passion. By focusing on a specific project, we are able to swiftly complete the funding phase and move to construction. 

 

Planned Giving

Support Eugene Parks Foundation

Planned or deferred giving enables you to arrange charitable contributions in a manner that maximizes personal objectives and financial goals. Many plans provide flexibility during your lifetime, and the Eugene Parks Foundation will realize their benefit sometime in the future. The most common types of deferred plans are bequests, retirement plan designations, charitable remainder trusts, and charitable gift annuities.

Will/Estate Planning

A bequest in your will and naming the Eugene Parks Foundation in your living trust are the easiest and most popular deferred gift plans. Donors may name the Eugene Parks Foundation as a percentage beneficiary, for a specific dollar amount or specific assets, or as a residual or contingent recipient. 

Retirement Plan Assets

Retirement accounts often are subject to income and estate taxes, which may be avoided or reduced through a deferred gift. Naming the Eugene Parks Foundation as a beneficiary of your retirement account can provide a meaningful gift to the Eugene Parks Foundation and produce significant tax savings for you and your heirs.

Charitable Remainder Trust

A charitable trust to benefit the Eugene Parks Foundation is established when you transfer assets (cash, securities or real estate) to a trust where the assets are invested to pay an annual, lifetime, or term-of-years income to you or other beneficiaries. When the trust matures, the remaining trust assets are distributed by the trustee according to your wishes. There are a number of charitable trusts available to meet your individual needs.

Charitable Gift Annuity

A gift annuity is a simple, contractual agreement between one or two donors and the Eugene Parks Foundation in which assets are transferred in exchange for a lifetime annuity. Donors receive an immediate charitable income tax deduction and the rates are based on the age of the donor(s) at establishment.

Oregon Cultural Trust Tax Credit Program

The Oregon Cultural Trust tax credit program offers a unique tax advantage opportunity to donate to the Eugene Parks Foundation and the Oregon Cultural Trust. Individuals may donate up to $500 and joint filers up to $1,000 to each organization and receive the tax advantaged donation credit. This credit will amount to a minimum of half the donated amount and depending on your deduction method, the net cost for your donation could approach zero. Go to www.culturaltrust.org for more details.

Make A Donation From Your IRA

We often get asked about making donations to the Eugene Parks Foundation from an IRA account. It is possible. However, when and how you donate from an IRA account is important. There are two primary ways in which people donate from their IRAs, by bequeathing your IRA Account to the Foundation when you pass or by making a Qualified Charitable Distribution. Below is a more detailed description of each.

  • Bequeathing Your IRA: It’s easy to designate the Eugene Parks Foundation as a beneficiary of your IRA (or any retirement account). You can obtain a Designation of Beneficiary Form from the financial institution that holds your IRA or retirement account and complete as directed. Keep in mind, you can designate the Eugene Parks Foundation to receive your entire account or only a portion.

 

  • Make a Qualified Charitable Distribution: Often referred to as a QCD, a Qualified Charitable Distribution is a direct transfer of funds from your IRA custodian, payable to a qualified charity.  Unlike a regular distribution from an IRA, amounts donated from your IRA using a QCD are not taxed as income to the owner. In addition, QCDs can be counted toward satisfying your required minimum distributions (RMDs) for the year, as long as certain rules are met. While many IRAs are eligible for QCDs—Traditional, Rollover, Inherited, SEP (inactive plans only), and SIMPLE (inactive plans only)*—there are requirements: You must be 70½ or older to be eligible to make a QCD. The maximum annual amount that can qualify for a QCD is $100,000. For a QCD to count towards your current year’s RMD, the funds must come out of your IRA by your RMD deadline, generally December 31. Additional rules and stipulations may apply, so please consult with your accountant to verify you qualify for a QCD before making a donation.