How to Establish a Charitable Fund
The Community Foundation is your partner in philanthropy. Establishing a personal or family charitable fund with the Community Foundation is a way to communicate your values and support nonproﬁt organizations that are addressing issues important to you. There are no set-up fees, and your fund is perpetual unless you instruct otherwise. It is a simple process.
- Discuss your interests and charitable values with the Foundation. Your legal or tax advisor is encouraged to participate in this discussion. Your goals are then documented in a fund agreement.
- buy orlistat online canada Select the best way to make your $10,000 minimum contribution. The minimum can be contributed over an agreed upon period by the Board of Directors.
accutane cost kaiser Give Now with cash or assets such as stock or real estate. Your gift is tax deductible and appreciated property avoids capital gains tax.
Give Later with a deferred gift such as a bequest in your will, life insurance policy, retirement plan contract, real estate deed, charitable trust or annuity.
- Name and select your fund. All grants or scholarships are made in the Fund’s name maintaining your charitable directives in perpetuity. Let us help you choose the fund that works best for your particular giving situation.
Types of Funds:
The Legacy Fund
Donor Advised Fund
Designated/Agency Endowment Fund
- No Set-up Fees
- Maximum Deductibility
- Low Expenses
- Giving Strategies