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Last Updated Mar 2008


Smart Giving is Easy for the Haylors
In 1981, Bud and Nancy Haylor decided that the logical way to give back to the community they loved would be to start a donor-advised fund at the Community Foundation. As part owner of a local insurance agency, Bud had some valuable appreciated stock – Haylor, Freyer and Coon had grown considerably since his dad started it in 1928 – and it made sense to donate that to begin their fund. They were able to take a tax deduction for the full market value, and pay no capital gains tax.

The couple has done the same thing every year since – twenty-six years! It’s as easy now as it was then. They decide how they want to distribute their charitable gifts, and the staff at the Community Foundation takes care of all the details.

And, just as their garden has grown and matured over time, so has their donor-advised fund, because of the Community Foundation’s careful asset management and sound investment policies.