Special gifts to a variety of important funds and appeals help Foothills Conservancy meet goals for our annual operating, reserve, land and easement acquisition and long-term stewardship funds.
Tax benefits for gifts of appreciated real estate are virtually identical to those for gifts of appreciated securities. Real property such as personal residences, undeveloped land, or farms may be transferred by deed with no liability for income or estate taxes on the appreciated value.
A gift of appreciated stock owned one year or longer generally offers two benefits: you receive an income tax deduction for the full fair market value of the stock, and you avoid paying capital gains tax.
Foothills maintains a brokerage account to which gifts of stock or securities may be transferred:
BB&T Investment Account #37503215
FCNC Fed. ID #56-1947390
Please contact us before making a gift or transfer by calling 828-437-9930.
Blue Ridge Foothills Fund
The Blue Ridge Foothills Fund is an all-important sustaining fund held on behalf of Foothills Conservancy by the Community Foundation of Western North Carolina. Begun in 2009 when an anonymous donor agreed to match all gifts up to $20,000, our goal is to grow this fund through gifts and bequests to provide a steady source of investment income to help support the conservancy’s programs and operations in years to come. Periodically, we may make a special appeal for contributions to this fund, but donations may be made at anytime. Contact us if you would like to make a special gift or bequest to this fund, or simply note on your check or correspondence with your gift that your donation is for the Blue Ridge Foothills Fund.
Burke County Fund
The Burke County Fund is a special endowment fund held at the Community Foundation of Burke County (CFBC) and provides support specifically for either Foothills Conservancy projects in Burke County or our office expenses. Initially funded by a matching gift from an anonymous donor, anyone can make a directed contribution to this fund by contacting either Foothills Conservancy or the Community Foundation of Burke County.
Stewardship Endowment Funds
Foothills Conservancy holds two endowment funds at the Foundation for The Carolinas. These quasi-endowed funds hold moneys designated for monitoring our easements and the preserve properties Foothills owns. Spendable income from these funds may be taken to cover monitoring costs for that fiscal year.
Easement Stewardship Fund – easement monitoring costs
Preserve Stewarsdhip Fund – preserve monitoring costs
Year-End Appeal Fund
In addition to membership gifts, Foothills Conservancy offers an opportunity each year – beginning in November – to give gifts to our general fund through the year-end appeal.