Getting To Know Us
Why should we give to the Clinton County Community Foundation,
The Clinton County Community Foundation Inc provides a vehicle and a service
for donors who wish to make a perpetual gift for the benefit of their community.
A gift to the Clinton County Community Foundation Inc is an investment in the
future charitable requirements of your community. The Foundation’s flexibility
and continuity allows it to meet the needs of donors of all kinds. Charitable
needs of a community change and vary from time to time. A need today may
not exist ten years later. The flexibility of the Foundation permits it
to meet the needs as they change over the years.
What charities can receive benefits from Clinton County
Community Foundation, Inc?
Any charity whose primary service is within Clinton County and is “IRS”
What happens to the money once a gift is made to the
It is currently invested by the trust departments of Mellon Bank
(originally Lock Haven Trust Co.) and Wachovia (originally First
National Bank of Lock Haven). The income from the investments is then distributed
to various charities within Clinton County.
Who decides how the income from the funds are distributed?
Unless the funds are specifically earmarked by the donor, the Board
of Directors has the responsibility for distributing the income from the
trust funds to the various charities in Clinton County. For grant application
forms, contact the Foundation’s office.
Can I make a restricted gift?
Yes. Examples of this type of giving are the Sperring Trust which benefits
senior citizens of the county. There are also several award and scholarship
How can I give?
Smaller donations of $25 or more can be made as memorial gifts through
the secretary at P.O. Box 652, Lock Haven, PA 17745, and these will be
added to the Omnibus Fund. Acknowledgment of these gifts will be made to
the appropriate family. Larger donations can be made by a lifetime gift or
through your will.
Is there a tax advantage to giving now?
Yes. The Foundation qualifies for an IRS tax exemption. Gifts of appreciated
assets may save the donor taxes. It is also possible to make a gift now
of appreciated assets, retain the income for life, and still receive a
sizable tax deduction. For more information, consult your attorney or call
the Foundation office at (570) 748-2481.