Private Foundation Conversions
A fund at the Community Foundation provides an attractive alternative to a private foundation. Creating and maintaining a private foundation involves many regulatory requirements and administrative burdens. Our professional staff takes care of all administrative and grantmaking activities, allowing your clients to focus on the rewarding task of supporting their favorite causes. As part of a public charity, a fund at the Community Foundation offers greater tax benefits.
If your client has a private foundation already, it is not too late to take advantage of the Community Foundation's services. Our staff has extensive experience facilitating the transition of all or part of the assets of a private foundation to a donor-advised fund.
View a comparison (PDF) between donor-advised funds and private foundations.
Additional Information
A knowledgeable member of the Community Foundation staff is available to discuss specific scenarios that you are handling for a client. We can provide you with materials or gift illustrations to supplement your own materials, and are also available to attend joint meetings with your clients if appropriate. Contact us by phone at (315) 422-9538 or fill out this form.
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