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HELPING YOU SERVE YOUR CLIENTS
CHARITABLE PLANNING TOOLS AND SOLUTIONS
FREQUENTLY ASKED QUESTIONS
CONSIDERING A PRIVATE FOUNDATION?
FOR FINANCIAL ADVISORS
RECOGNIZING OUR CHARITABLE PARTNERS
Charitable Funds
Request a personalized
fund description
Expertise to accept a wide
range of assets
Glossary
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The Community Foundation offers Supporting Organizations, Donor Advised Funds, and other convenient alternatives to private foundations. These options come with many advantages, including a lower cost and administrative burden - while still allowing you to take an active role in your grantmaking.
Our full complement of services gives our funds a powerful advantage.
Here’s how you benefit:
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You can rely on the Community Foundation’s expertise to inform your grantmaking. We lead you to effective, innovative organizations and strategies to support. |
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Family members can actively participate in your granting, and you can create a lasting legacy by involving successive generations. |
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Our funds have no minimum, annual payout requirement. |
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Unlike a private foundation, gifts to establish a fund qualify for the highest tax-deduction limitations and are not subject to excess business holdings rules. In addition, they are not subject to the excise taxes that private foundations must pay. |
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Community Foundation funds can be named by the contributor, often to recognize family members. |
Many individuals create private foundations to facilitate their granting but later discover that managing a private foundation is not as easy or rewarding as it once seemed. We can help private foundations transfer their assets to a fund at the Community Foundation. Our staff will assist you with this process.
To learn more, view our quick reference chart, Comparing Four Approaches to Giving, or call Sarah Nevue, Vice President of Development, at 360.694.2550.
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