- Consolidated investment management provides a better return with lower administrative costs through economies of scale. You increase your income with fewer hassles.
- Our trusted, experienced management team – hired through a competitive application process – inspires confidence with potential donors. You save time and money by not hiring an endowment specialist.
- Assurance for donors who request that their money be managed in perpetuity – even if your nonprofit ceases to exist. That’s particularly helpful with new or relatively small nonprofits without established track records. And that means you may gain new donors now.
- Speed and convenience for donors – especially those hoping to use non-cash assets to make a gift. This can be especially important for year-end contributions and situations when stock or real estate is in the process of being sold ... and time is of the essence.
- Access to professional advisors, attorneys and accountants who have particular expertise in structuring charitable gifts for prospective donors – as well as for nonprofits’ staff and board.
- Access to the legal staff of the Council on Foundations (of which the Community Foundation is a member) and our own Legal Committee for assistance in structuring complex gifts – such as property or other lifetime gifts that require special consideration – and receiving updates on current tax implications for charitable gifts. Exemption from filing a tax return or reporting since the fund's financial transactions are consolidated with those of other funds on the Community Foundation's Form 990.
- Fiduciary oversight of the management and reporting for the endowment provided is by the Community Foundation’s Board of Trustees working in conjunction with our Investment Committee.
- We provide quarterly reporting of fund performance, which means you don't have to.
References available on request.