Donor Spotlight

Donor Spotlight

Amos Loveday | Honoring a Legacy with a Named I’m a Child of Appalachia Fund

Learn more

Association of Ohio Commodores Foundation Fund

The Association of Ohio Commodores Foundation Fund was established at the Foundation for Appalachian Ohio (FAO) in August, 2019 to support the charitable, educational, and public purposes of the Association of Ohio Commodores.

The Fund’s resources are invested in the market to grow, ensuring that the Association of Ohio Commodores has resources to make a difference both today and for generations to come. And the Fund’s partnership with FAO means the Fund can accept complex gifts, including gifts of appreciated stock and direct IRA transfers.

Gifts of appreciated stock allow individuals to receive a full tax deduction on the full market value of their appreciated stock, while eliminating the capital gains tax that would otherwise arise from the sale of the stock.

Meanwhile, thanks to the IRA Charitable Rollover, anyone 70 1/2 or older may make a charitable distribution of up to $100,000, tax-free, from a traditional IRA as a means of meeting their required minimum distribution.

To learn more about how to give in the way that works best for you, contact FAO at 740.753.1111 or info@ffao.org. To give online, click here and designate the Association of Ohio Commodores Foundation Fund. Or, to give via mail, send a check to the Foundation for Appalachian Ohio at PO Box 456, Nelsonville, Ohio 45764 and designate the Fund.