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From stocks to clean flowing streams

FALLBROOK — How do Renee Ingold and Legacy Endowment turn securities sitting on Wall Street into picturesque winding roads and clean flowing rivers in the Fallbrook area?

It’s the magic of philanthropy. Ingold had securities that she wished to donate to her favorite charitable organization, Keep Fallbrook Clean and Green, and Legacy Endowment…The Community Foundation was able to convert her stock into a straightforward and tax-deductible donation in two easy steps.

“It’s a win-win-win situation,” says Tina Rainey, Legacy’s executive director. “The organization gets a donation to support its ongoing good work, Renee Ingold gets the satisfaction of being able to support the mission of an organization she is passionate about and Legacy Endowment has the pleasure of fulfilling our mission of ‘Connecting people who care with causes that matter.’”

No matter how big or small a gift, whether it consists of real or personal property, stock, bequests, remainder trust interests or outright cash, Legacy Endowment makes even complex giving simple and straightforward.

Just in time for end-of-the-year tax deductions, and right at a time when local charitable organizations need a little extra support, Legacy is the vehicle many choose to start a donor-advised, endowment or simple pass-through fund to turn their charitable dreams into reality.

For more information on how Legacy Endowment might help turn tax liability, underwater stock or a simple gift of cash into currency that will benefit a worthy cause, contact Rainey at (760) 728-3304.


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