Donor Spotlight: Marian Buccafurni
“It is important to give back to the community both during my lifetime and when I am gone”.
Marian Buccafurni was involved with the Community Foundation of Monterey County before she moved to the Keys. In particular she was involved with the Women’s Fund both as an officer and Board member. Upon relocating to the Keys, she became involved with the Community Foundation of the Florida Keys. She is currently a member of the Board and the Chairperson of the Middle Keys Advisory Council.
Marian maintains a donor advised fund at the Community Foundation of the Florida Keys to facilitate her philanthropy. She appreciates the flexibility that a donor fund provides in supporting her favorite nonprofit organizations. Marian opted for the convenience of a donor advised fund because the Community Foundation handles the transactions and takes care of the necessary documentation. The donor receives a charitable contribution when contributing to the fund. Then the funds can be distributed over time to designated nonprofits.
In 2001, Marian and her late husband Paul Lawrence established a Charitable Remainder Unitrust (CRUT) at the Monterey Community Foundation. The CRUT provided tax advantaged income for her lifetime, an immediate charitable deduction and a way to provide for the community and selected institutions. A CRUT is simply another way to fulfill a philanthropic desire to give to the community in addition to a donor fund.
Marian is also a member of the Community Foundation of the Florida Keys’ Legacy Society, having named the foundation as a beneficiary of her IRA. For more information on the Legacy Society visit cffk.org/legacy.