Our Endowment and Its Purpose
The purpose of the endowment is to:
- Provide a sustainable and permanent source of support for the programs and outreach activities of the North Carolina Pottery Center;
- Expand the number of giving options available to our donors;
- Build capital for long-term goals and projects to enhance our services.
The NC Pottery Center Endowment is invested and administered through the NC Community Foundation. Endowment contributions are 100% tax deductible.
Gifts may be made in many forms, and gifts of all sizes are most welcome! The North Carolina Pottery Center Endowment is invested and administered through the North Carolina Community Foundation. We appreciate your support!
Please enter “North Carolina Pottery Center” in the box labeled “Please enter the name of the fund you wish your donation to benefit.”
About the North Carolina Community Foundation
The North Carolina Community Foundation is the single statewide community foundation serving North Carolina and has made nearly $74 million in grants since its inception in 1988. With nearly $200 million in assets, NCCF sustains 1,200 endowments established to provide long-term support of a broad range of community needs, nonprofit organizations, institutions and scholarships. The NCCF partners with 60 affiliate foundations to provide local resource allocation and community assistance in 67 counties across the state.
How can you support The North Carolina Pottery Center Endowment?
You can ensure the continuation of our mission in many ways: your gift or pledge to the fund; your gifts in memory or in honor of friends and family; or your thoughtfully planned bequest. All contributions support our goal to build a strong endowment for the future. All gifts are tax-deductible to the fullest extent allowed by law. Some types of gifts for you to consider include the following:
The simplest and most convenient way of participating in the fund is through cash gifts, which may take the form of pledges over a period of years. All such gifts qualify for maximum income tax deductions.
Securities or Real Estate
Gifts of appreciated securities and real property may provide important tax advantages to donors who have held assets for a long period of time. The full fair market value of such gifts may be deductible as a charitable contribution. In the case of restricted or closely held stock, real estate or other unusual assets, the proposed gift may require an appraisal, a review by the North Carolina Community Foundation counsel and approval of the NCCF Board of Directors.
Wills or Bequests
There are many ways to remember The North Carolina Pottery Center Endowment in a will. After providing for heirs, a donor can specify that some or all of the remaining assets be given to The NC Pottery Center Endowment, thereby achieving a lasting purpose and reducing the taxable portion of an estate.
The North Carolina Pottery Center Endowment may be named as the owner and beneficiary the of a previously existing or new life insurance policy. The donor receives an immediate tax deduction, which is generally equal to the policy’s cash surrender value. All premium payments made by the donor thereafter are also tax-deductible.
Retirement Planned Assets
Assets held in qualified retirement plans or individual retirement accounts (IRAs) may be contributed to charity. The donor may name The North Carolina Pottery Center Endowment as the designated beneficiary of retirement account assets upon his/her death or the death of family beneficiaries.
Charitable Remainder Trust
A donor may wish to make a contribution to charity but need all of his or her income for current expenses. The donor can leave property to The North Carolina Pottery Center Endowment at death or give the assets now, subject to a retained income interest.
For more information regarding ways to give and types of gifts, contact the North Carolina Community Foundation (1-800-201-9533) or visit www.nccommunityfoundation.org.
If you have any questions, please feel free to contact us. Thank you!