Giving & Investing

Benefits and Options

Some of your clients may have an existing private foundation. In this case, they may find that there are several benefits to transferring it to an advised fund with the community foundation. Through a simple transfer process, your client may be able to avoid some of the hassles (and costs) of private foundation management.

Assets of a private foundation may be used to establish a Donor Advised fund, unrestricted fund, field of interest fund, scholarship fund or designated fund. Depending on the type of fund that is established, the private foundation's Board of Directors often stays involved in setting grant-making priorities, advising on grant awards and assessing grant success.

We welcome the opportunity to consult with you and any clients who would like to discuss the advantages and disadvantages of each approach. We will help you find the solution that works best for your client. If you have any questions that have not been answered in this section, please contact us for more information.