Professional Advisors: Why Community Foundations

Benefits of Charitable Giving to Community Foundations

Here are some reasons why a community foundation makes an ideal partner for assisting with your clients’ charitable giving.

Community foundations provide a full range of services for your clients.
You remain in control of your client relationships while partnering with the local expert on philanthropy that helps you provide a full range of services to your client.
Community foundations provide maximum federal and state tax benefits, tailor giving plans to meet your clients’ particular needs, and provide a more simplified and cost effective alternative to a private foundation.
Community foundations have deep knowledge about their communities and can help your clients be more effective in their giving.
Your client can donate a variety of assets, from cash and appreciated stocks to real estate and more complicated assets. These can be assets they give now or later, as part of their estate plans.
You may stay connected with your clients across generations by helping them establish and maintain a charitable legacy for their children and grandchildren through a foundation fund.
Community foundations employ staff that are oriented toward donor-service, are skilled in solving complex gift situations, and have the ability to assist the client that desires confidentiality.
Many community foundations offer the donor the option of allowing client's gifts to remain invested with the client's current money manager.