What are the financial benefits and tax advantages of gifting through The Community Foundation?
The Community Foundation’s approach offers a number of important financial benefits to donors. The Community Foundation manages a number of funds; and therefore, administrative costs and service fees for any one fund are minimized – meaning less overhead cost to a donor’s fund. FCF has a number of different types of funds to accommodate donors who prefer the long-term strategy of endowments, as well as those who want to give more actively each year. Donors can choose to establish one of these funds, which allow donors to recommend grants, or can choose to contribute to an existing fund.
