Solutions For Your Clients

As an attorney, accountant, wealth manager, financial planner, insurance agent, or other trusted professional advisor, you have clients who care about philanthropy. Over the years, we have proven ourselves to be a valued partner when it comes to assisting you and them with charitable giving.

We know that developing a charitable plan that meets the needs of your client’s financial and charitable goals is no small task. As a professional advisor, the opportunity you have to help your clients achieve their philanthropic objectives is both a privilege and a challenge. From the client who wants to make an immediate philanthropic impact, to the couple hoping to leave a legacy, to the family with a complicated tax situation, our team of professionals can support your efforts to find the best solution for your clients.

Our Professional Advisors Council is a selected group of advisors, committed to conscientious giving in our community, who often turn to the Community Foundation as a solution for their clients. They regularly promote philanthropy and help clients achieve their philanthropic goals through us.

We offer a variety of giving vehicles, all with the highest allowable tax benefits.

Benefits Of Working With The Community Foundation

  • We have over 40 years of experience serving individuals, families, nonprofits, business and private foundations.
  • Clients can use the Community Foundation to support multiple charities that have a direct impact on our local community.
  • We offer a full range of philanthropic services to meet clients specific needs, such as choosing the right giving strategy or identifying the best organizations to support.
  • We provide expertise on community issues and organizations addressing them.
  • Clients will receive the maximum tax advantages allowed by law.
  • Your client supplies the passion and ideas, while we provide the expertise, infrastructure and giving platform.
  • You have the opportunity to network with an influential group of like-minded advisors and clients in intimate settings.

Top 10 Reasons to Establish a Foundation Fund Instead of a Private Foundation

  1. A fund is easy and inexpensive to establish. By comparison, a private foundation requires a donor to create a new organization, apply for tax-exempt status, pay filing fees and incur legal and accounting expenses.
  2. A gift of cash to a charitable fund allows a tax deduction of up to 50% of a donor’s Adjusted Gross Income (AGI). A gift of cash to a private foundation allows a lower 30% deduction.
  3. By creating a charitable fund, a donor may deduct gifts of closely held, long-term appreciated stock at its fair market value, up to 30% of AGI. If the same gift is given to a private foundation, deductibility may be limited to the cost basis of the stock, up to 20% of AGI.
  4. No tax is imposed on the investment income of a charitable fund because it is a component of a public charity. A private foundation pays up to 2% federal excise tax on its investment income and net realized capital gain.
  5. A community foundation donor may remain anonymous. A private foundation must make available to the public the name and address of any substantial contributor.
  6. There are no minimum distribution requirements for a charitable fund at a community foundation. A private foundation must annually distribute at least 5% of its net investment assets, regardless of whether the amount is actually earned.
  7. For private foundations, there are strict regulations regarding self-dealing between the foundation and those who manage, control or contribute to it and persons or corporations closely related to them. For example, a private foundation, along with its donor and other “disqualified persons” (including members of the board and staff) may not hold more than 20% of a related corporation’s voting stock. There are fewer restrictions on a charitable fund.
  8. There are fewer investment restrictions on a community foundation’s funds. For example, a community foundation may hold more than a 20% ownership in a particular corporation, but private foundations may not.
  9. There are fewer IRS reporting requirements on community foundation grants and funds, and requirements that do exist are handled by the foundation’s staff at no extra charge to individual donors.
  10. Charitable gifts to a community foundation fund are almost always considered “public support” and help the recipient organization retain its public charity status. A private foundation grant is usually not considered “public support” in its entirety and may not be as helpful to the recipient charity in retaining its public charity status.

Professional Advisors

brown advisory

Stuart Dorsett & Jon Jester

Webb Tyndall

Edward Jones

Linda Kuryloski


Evan Cumalander

Jones Financial

Mitch Jones

Live Oak

Andy Basinger & Connor Keller

Raymond James

Carl Blackwood

Sam Hylton, Gordon Grimes

David Hood, Dale Warner, Justin Hardee, Thomas E. Stroud, Jr.

Wells Fargo

Michele Holmes VanDyke