other ways we can help
"The community foundation is an organization to give money through, not an organization to give money to."
George Bennett
Former President, NCCF
Transfer Your Foundation Into Ours
You are a trustee of a private foundation. A number of issues make you concerned about the future of the organization. Increasing tax regulations and decreasing benefits are also proving a major frustration.
By transferring your foundation into ours, you can be assured that good, intelligent grant making will continue in the name of your foundation for generations to come. And, because we are a public charity, the excise taxes levied against private foundations are no longer applicable. We also take care of all the paperwork demanded by the government.
What you are left with is the comfort of knowing that your foundation's work will continue in perpetuity as intended.
Partial Transfer of Your Private Foundation's Income
Again, you are a trustee of a private foundation, but are not ready to transfer all of the foundation's assets into the Community Foundation. You would, however, like to begin a relationship.You set up a fund in the Community Foundation, most likely in the name of your organization, and arrange for part or all of the year's current income to be contributed to your fund.
This arrangement can continue indefinitely, allowing the trustees a chance to become familiar with us until they are ready to take full advantage of the Community Foundation services.
Another possibility is that a private or family foundation with either a small or nonexistent staff may have difficulty administering a full grant making program.Again, the combined expertise of our staff can prove to be an invaluable asset to your foundation. With our assistance in identifying important community needs, you can be certain that your grants will have the kind of impact originally envisioned.