PARTNERING WITH COMMUNITY FOUNDATIONS: WHAT EVERY ADVISOR NEEDS TO KNOW

Philanthropy isn't what it used to be. Over the last 10 years, the field of charitable giving has changed profoundly. During this time, a network of organizations with several decades of experience has come of age, engineering many of the recent developments in the field of giving. These organizations are called community foundations and they are playing an increasing prominent role in the relationship between professional advisors and their clients, especially in California.

We often hear professional advisors say that their clients are interested in establishing a private foundation. There are many advantages for them to establish a non-endowed (donor advised) fund at the Solano Community Foundation instead of setting up their own foundation. The document shown below demonstrates these advantages. You may wish to download and print this document for your own use and to help you advise your clients how to maximum their tax savings and realize other benefits.

PRINTABLE INFORMATION SHEET

Ideas for Giving