Thinking about establishing a private foundation?
Talk with us first. We have two attractive alternatives:
Donor-advised funds, established with a minimum contribution of $10,000, offer better tax deductions than private foundations, and the additional benefit of the Community Foundation's staff to identify and assess charities, provide input on community needs and verify the nonprofit status of groups.
With a Supporting Organization, you work with us to appoint a board that oversees investments and grantmaking. And the Community Foundation provides the administrative support.
When is the right time to establish a fund?
Our staff is prepared to assist you at the critical moments in your life, such as:
- Tax or estate planning
- Sale of a business
- Exercising stock options
- Celebrating or memorializing a loved one
- Or anytime you feel ready to set your charitable goals in motion.