Elk Grove Parks Foundation

The Elk Grove Parks Foundation was formed to provide means for individuals and corporations to make tax deductible donations to an organization which supports parks and recreation, in particular, the Elk Grove Park District.

The Foundation will support parks and recreation not typically supported by property taxes. Parks and recreation is an important asset to the community, providing activities and services for all ages.

It is well documented that communities with an excellent park district have lower adolescent crime rates and increased property values.

The Foundation also provides scholarships to ensure that everyone in the community has the opportunity to enjoy Park District facilities and programs.

Fundraising Events

Each year the Parks Foundation hosts events to benefit the scholarship fund. The proceeds from these events go directly to support at risk Elk Grove resident families. The scholarships provide full to partial funding for recreational programs for these families in need. In 2023 the events will include a Duck Race on August 13 at Rainbow Falls and an appeals campaign. Foundation members and volunteers create and participate in the events.

We had a very generous 2022 and which allowed us to increase funding to the scholarship fund and purchase smart boards for the kindergarten.

Your participation in Foundation fundraisers is greatly appreciated.

Ways to Contribute

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.

Making Donations

Each Elk Grove Park District seasonal brochure contains a donation area on the registration page in the back of the brochure. You may also use the online registration system to make your donation. Your gift gives 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

Contributions

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

For further information on our park needs and donation opportunities, or for the time and location of Foundation meetings, please contact us at:

Elk Grove Parks Foundation
499 Biesterfield Road
Elk Grove Village, IL 60007
Phone: (847) 228-3512