Donors

Why Establish A Passion Fund?


Organize and amplify your charitable giving to causes most meaningful to you.

It's likely you have other tax-advantaged accounts for very important purposes in your life, such as: retirement accounts, healthcare savings accounts, college plans. You also have the exciting opportunity to establish a tax-advantaged personal charitable fund designed to make your passion for helping others easier and more rewarding.


TEN GREAT REASONS

EASY – COST EFFICIENT
Your fund can be created easily and quickly with no start-up fees required. There are no requirements for additional annual tax returns.


LEARN-CONNECT

We invite you to take advantage of our 76+ years of philanthropic and community expertise to make the most of your giving. We can help educate you about solutions for the causes you care most about, pressing community issues, introduce you to local philanthropic and community leaders, as well as, keep you updated on exciting new local funding opportunities.


FLEXIBILITY

The Community Foundation enables donors to create funds and recommend grants for any IRS qualified charitable purpose they choose.


ABILITY TO BE ANONYMOUS OR PUBLIC

You may choose to:

  1. Protect your privacy by electing for your fund information to always, or on a case by case basis, be anonymous.
  2. Use your fund name to reflect your family, loved one or charitable purpose of the fund. Others may be inspired by your generosity to do the same!


SAVE TIME

No need to write and mail multiple checks and keep track of multiple individual tax receipts from numerous charities. The Community Foundation will perform all administration of your recommended grants, including confirming the current IRS qualified status of the charity and delivering a check from your fund with a letter acknowledging your fund (or anonymity) and the purpose of the gift.

Connect with your fund 24/7 through your online DonorCentral portal on your computer or mobile device.

  • View your fund value and amount available to grant.
  • Review your historical gifts and grants.
  • Easily explore new giving opportunities to highly capable agencies.
  • Make grant recommendations (Donor Advised Funds only).
  • View or download your quarterly fund statement


VARIETY OF GIFT CHOICES
In addition to traditional type gifts of cash or marketable securities, we can help you convert various types of assets into charitable funds and tax deductions. We consider a wide variety of assets, including real estate and life insurance policies.


TAX ADVANTAGED

As a Section 501(c)(3) public charity, we can maximize donors’ tax benefits to the fullest extent allowed by the IRS. Discover ways to invest more in the causes you care about, while paying fewer taxes.


FOREVER

You can create your lasting legacy of care in support the cause(s) most important to you for many generations to come when you choose to create an endowed fund. The Community Foundation is a trusted financial steward of your gift.


INSPIRE

In addition to your own giving, there is often a larger goal of inspiring others and motivating future generations of givers; including our children. Through mentorship and promotion of your good works, all gifts can build upon each other and bear greater fruit, exponentially increasing our success with positively changing lives.


LOW FEES AND MINIMUM REQUIRED BALANCES

Because we work with many donors, we can minimize your fees and required minimum balances so that you may enjoy our professional services. Schedule of Fees and Minimum Balances