Professional advisors in the legal, accounting, and financial sectors are often in a position to advise clients about charitable giving.
We are experienced in customizing charitable giving vehicles for individuals, including donors with complicated objectives and complex gift situations. See our fund types and structures for more details. In addition, we have a flexible gift acceptance policy, including gifts of appreciated securities, retirement funds, closely-held stock, and real property (including houses, vehicles, art, and jewelry).
Our team of dedicated and knowledgeable staff can help establish a charitable giving plan, guided by values and best practices. We help advisors and clients alike navigate the full range of gift opportunities, with a steady hand today and for years to come.
We guarantee your clients’ anonymity, if they so choose, in establishing a fund through the Foundation or making grants to their favorite charities.
Our professionally managed investment portfolio offers our fund holders access to a greater variety of investment options, consistent investment policy execution and economies of scale through pooled investments. Fund holders can feel secure in the fiduciary oversight of our experienced Board and Staff members. Learn more about our investment management objectives and results here.
We are a public charity, which means your clients’ contributions qualify for the maximum deduction for income, gift, and estate tax purposes. Whether it’s an increase in personal income or impending capital gains tax through an asset sale, your clients can lock in a full tax deduction and reduce capital gains tax liability to the benefit of charitable causes they care deeply about
Working with the Community Foundation to implement your planned gifts alleviates the burden of record keeping, IRS reporting and potentially complicated trust administration.
Fund holders have 24-Hour online account or fund access, through Donor View, a secure, password-protected online service where they can access their personal fund information including fund balance, gift and grant history and pending grant recommendations.
Solutions for Your Client
Your client just sold his business and would like to make a substantial charitable donation to offset his taxable income, but he has no time before the end of the year to research charities that might be of interest to him.
Establish a donor advised fund and receive an immediate tax deduction for the gift. Your client may subsequently suggest grants to the charities of his choice whenever it’s most convenient. Consolidating his giving through a donor advised fund makes it easy to keep track of charitable gifts for tax reporting.
As a retiree, your client wants to increase the income she and her spouse currently receive from certificates of deposit, but she doesn’t want to risk investing in stocks. She also would like to leave something after her death to benefit the arts and education in her community.
Establish a charitable gift annuity or remainder trust that provides a stream of income to her and/or her spouse during their lifetimes. Any remainder can be used to establish a charitable fund to benefit the charity(ies) that she designates. She receives enhanced current income, while knowing that her charitable objectives will be met in the future.
He owns highly appreciated stock that he’s held for more than one year. He has a strong interest in affordable housing for the disabled and would like to take an active role in supporting his community. He also would like to involve his adult children in establishing a plan for his family’s charitable giving.
Open a donor advised fund with a gift of his appreciated stock. He will receive an immediate charitable tax deduction for the fair market value of the stock and avoid paying capital gains taxes on its sale. His family, including his adult children, can serve as advisors to the fund and develop a charitable mission together, with the assistance of Foundation staff if desired.
She owns appreciated real estate and wishes to donate it to her local church, but the church is not prepared to accept gifts of real estate.
Donate her property to establish an endowment fund for the benefit of her church. She will receive a tax deduction for its fair market value, while avoiding any capital gains tax that would arise from a sale. The Foundation will sell the property and use the proceeds to provide ongoing operating support to the church.
He is approaching retirement and wants to reduce future income and estate taxes by directing IRA assets left at the time of his death to charity. He would also like to ensure his gift impacts critical community needs present at the time of his gift.
Contribute his IRA assets to the Community Foundation. Gifts that support the Foundation increase our ability to respond to community needs. By gifting his IRA or qualified retirement plan assets to charity at the time of death, he maintains the use of his assets during his lifetime, generates an estate tax deduction and avoids paying income taxes upon the distribution of plan assets.