Our Door is Open: Meeting with Your Community Foundation Team

A couple speaks to a person holding an ipad and financial documents.

At the Community Foundation, we are honored to work with generous individuals and families like so many of you who’ve donated to or established funds that support the causes you care about and address the needs of our community both now and in the future. We’re also inspired by those of you who are getting to know the Community Foundation and understanding the various ways we can support you in achieving your charitable goals.

Wherever you are in the stages of your philanthropic planning, the team at the Community Foundation is here for you and considers our relationship to be unique and personal. That’s why we welcome the opportunity to meet with our fund holders and prospective fund holders. Here are a few insights into what those meetings are all about.

You can expect personal, dedicated service. Unlike financial institutions’ charitable fund platforms where access to a dedicated donor services team can be rare, the staff at the Community Foundation is here to help you every step of the way along your charitable giving journey. Our team is happy to meet with you one-on-one, and we are also happy to join a meeting with you and your legal, tax, or financial advisors to assess your current situation and discuss the best charitable tax strategy for you. This includes evaluating the best assets to give to your fund or funds at the Community Foundation, including publicly traded stock and even other noncash assets such as real estate or closely-held stock.

We care about your intentions for your fund. The team at the Community Foundation wants to understand the areas of interest that are a priority for you, whether that’s the arts, health care, social services, the environment, education, community development, or something else. For donor advised funds, we also want to understand the role you envision for the successor advisors you’ve named in the fund documentation, such as your children, who will make grant recommendations for the fund when you are no longer living or able to yourself.

We will help you establish additional funds to meet your goals. Sometimes when the team at the Community Foundation is working with a fund holder to understand the intentions for creating a fund, we discover that it’s worth adding one or more additional funds to complement the original fund. For example, some fund holders decide to also establish a designated fund for a particular nonprofit organization or an unrestricted fund to support the Community Foundation’s community grantmaking in perpetuity. Many times, fund holders decide to make recurring contributions over time to multiple funds at the Community Foundation to achieve their various philanthropy goals.

We make the paperwork a breeze. As you know if you’ve already established a fund at the Community Foundation, the paperwork is straightforward and not at all cumbersome. As we’re exploring updating your existing fund, setting up a new fund, or adding to other existing funds, we’ll prepare simple documentation to capture your wishes, collect important contact information, and address your vision both during and after your lifetime.

We’re always here to strategize about your giving options. As you periodically review your assets and financial situation with your advisors, keep an eye out for appreciated assets that could be ideal to give to your fund or add to other funds at the Community Foundation because of the potential capital gains tax savings. The Community Foundation can work with you and your advisors on contributions of a wide variety of assets to help you achieve your tax and estate planning goals. We are happy to go over the appraisal and documentation requirements for gifts of nonmarketable assets such as closely held stock and real estate.

Thank you for your commitment to philanthropy! If you’re already a fund holder, we are grateful that you’ve made the choice to organize your giving by working with the Community Foundation. If you’re considering getting started, we look forward to continuing the conversation! If you are thinking about adding to an existing fund, we appreciate your help in growing our impact! In all cases, we look forward to seeing you soon!