What are the financial benefits and tax advantages of gifting through the Eastern Carolina Community Foundation?
The Eastern Carolina Community Foundations approach to planned giving offers a number of important financial benefits to donors. Because community foundations generally manage a large number of funds, administrative costs and service fees for any one fund are minimizedmeaning less overhead cost to the donors fund. The Eastern Carolina Community Foundation also offers a number of different types of funds to accommodate donors who prefer the longterm 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 them to recommend grants, or can choose to contribute to an existing fund that is flexible to respond to emerging needs in the community.
