Why Establish a Fund
Year-end tax planning
Just earned a large bonus, but no time to decide on the most deserving charities? Establish a Donor Advised Fund for an immediate tax deduction, and stay involved in your gift for years to come.
Passionate about meeting a specific community need and want to make a meaningful gift? The Community Foundation's community expertise can help you identify ways to make the greatest impact.
Simple alternative to private foundations
Thinking about establishing a private foundation, but looking for a better, simpler way? Or, frustrated with the ongoing management of your private foundation? Establish a Donor Advised Fund (or Supporting Organization) and stay personally involved with the distribution of gift dollars. Use The Community Foundation's expertise for community knowledge and greater impact.
Sale of a business
Own highly appreciated stock in a company that is about to be acquired? Structure a charitable gift of stock before the company is sold to reduce capital gains and increase charitable deductions. Establish a Donor Advised Fund so a once-in-a-lifetime event can help you do good, forever.
Closely held stock
Personal net worth tied up in a closely held company? Donate a portion of company stock to The Community Foundation and invite the company to buy it back for fair market value. Establish a Donor Advised Fund or planned gift; you are eligible for a tax deduction at the fair market value of appreciated stock (less any planned gift value).
Preserving an estate
Estate planning identifies significant tax burdens? Reduce the size of your taxable estate through a charitable bequest or other planned gift. Create a personal legacy in the community that stays true to your charitable intent forever.