THE PURPOSE BEHIND THE SMCF
Foundation Purposes:
- Permanent preservation of the principle of charitable gifts.
- Securing funds to help the community grow.
- Opportunity to devote large and small gifts and estates for the good of the community.
- Creation of a better and broader community spirit.
- Provide for the wise distribution of gifts.
- Flexibility in the meeting of future needs.
- Provide means by which the entire community can participate.
- Assist donors in carrying out their charitable intent in the most effective way possible.
- Gifts made to the Foundation, [501 (c) (3)] charity, qualify for maximum deductibility for income, gift, and estate tax purposes.