Why should I encourage my clients to establish a fund at the Community Foundation?

Developing a charitable plan that takes into account your client’s financial and charitable needs is no small task. As a professional advisor, the opportunity to help your clients achieve their philanthropic goals is both a privilege and a challenge.  The Community Foundation wants to be a resource for you, as well as a philanthropic partner for your clients.  A full understanding of charitable giving options, which can offer specific tax benefits, can help your clients achieve their financial, personal or business goals. The Community Foundation has an outstanding reputation for integrity and service to donors, and has developed unique resources for you to use in helping donors craft their charitable giving plans.

How do I help my client establish a fund?

It is easy to establish a fund at the Community Foundation.  Your clients can simply decide which type of fund best meets their interests and needs, determine their charitable priorities, select a name for the fund, and make an establishing gift.

How much money does my client need to establish a fund?

There is no minimum donation to establish a fund. Depending on the type of fund there are minimal administrative and management fees, please contact us for additional information.

What kind of assets may my client use to open a fund?

Funds may be established with many different types of gifts— cash, securities traded on major exchanges, real estate, and more!

My client needs to set up a fund quickly. How long does it take?

Charitable giving should warm a donor’s heart, not being burdened with tax complications and ongoing administrative details. Once your clients decide on the type of fund they would like to establish the process can be completed very quickly.

May my client select the name of the fund?

Absolutely. Your clients may use their own names, the names of individuals to be honored or memorialized, or the name of a business. Some donors select a more general name to retain anonymity.