The simplest way to contribute to the Elk Grove Park District is through cash gifts to the Elk Grove Parks Foundation. Creative gifts of assets can also include stocks, bonds, real estate, and personal property.
You are welcome to make a specific donation to directly benefit a specific program or facility of the Elk Grove Park District through the Foundation. For example: gifts have been made to directly benefit the Sheila Ray Adult Center and The Preschool. This is referred to as a restricted donation and the funds can only be used for the purpose intended.
Your gift can also give you the satisfaction of supporting work to preserve and enhance our parkland, natural resources, and historic sites. Depending on the arrangements you choose, you can also:
- Reduce your income taxes
- Avoid capital gains tax
- Retain payments for life
- Achieve no-cost, worry-free asset management
- Increase your disposable income
Creative gifts of assets can also include stocks, bonds, real estate, and personal property.
Various forms of requests to the Elk Grove Parks Foundation can be used that will give your estate a charitable deduction and guarantee that your legacy lives on in our community's park system. Life-income gifts, such as gift annuities, charitable remainder trusts, and pooled income funds, can provide you with an income stream, significant tax savings, and the satisfaction of supplying our parks with vital long-term resources.
You may consider using retirement plan benefits to make a significant gift to Elk Grove Village parks through the Elk Grove Parks Foundation. The cost of your gift to your estate and heirs is often relatively small.
Two types of life insurance can be donated to the Elk Grove Parks Foundation for the benefit of our cherished parks: existing or paid-up whole and universal life insurance policies, and newly issued whole and universal life insurance policies.
Contributions can be mailed to:
Elk Grove Parks Foundation
499 Biesterfield Road
Elk Grove Village, IL 60007