Ways to Give Your Way
Donor Advised Fund – Today’s Philanthropic Checkbook
Donor Advised Funds now nationally outnumber all other charitable giving tools while providing significant advantages. We think of the donor advised fund as your personal foundation, your philanthropic checkbook to make grants today.
Donor Advised Funds offer:
- no start-up cost
- we organize your giving
- low administrative fees
- fewer restrictions on giving
- charitable dollars grow tax-free in your fund
- simple agreement with no legal work required
- immediate tax benefit
These charitable giving accounts can be created by individuals, families and organizations and offer immediate tax benefit. Donors grow their funds and make grants to a favorite nonprofit organization any time and over time. Simple, affordable and flexible, donor advised funds can be created by gifts of cash, publicly traded and registered stock, mutual funds, IRAs, whole life insurance policies, real estate, tangible personal property and other assets. Non-cash assets can be transferred to a donor advised fund without taxes, as they are a gift to charity (your fund at the Community Foundation).
Your recommendations help designate grant awards to specific charities. The Community Foundation will also work with you to discuss your goals and identify strategic gift-giving to produce maximum impact. The donor involvement component of these funds often proves perfect for many families who want to instill a spirit of philanthropy for their children and future generations.
To “Start a Fund” today, click here!
Community Unrestricted Funds
Among the most flexible forms of giving, a community unrestricted fund allows the Community Foundation to respond to immediate and emerging community needs. Your gifts are given without strings attached. Because these funds are not earmarked to a specific organization, purpose or cause, the potential for impact is unlimited. We treasure donors who have left us unrestricted donations as it allows us and our local nonprofits to respond to emerging issues that donors could not have envisioned years or even decades ago.
Many fund holders are compelled to give back to their alma mater, a hospital or support a favorite nonprofit organization. These endowed funds are designed to contribute an annual percentage to your charity of choice, ensuring financial support into the future. In the event the organization ceases to exist or no longer offers programs you’ve chosen to support, the Community Foundation identifies another nonprofit group that meets your charitable goals.
Field of Interest Fund
If you’re the first person neighbors call whenever they find a stray dog or injured animal, a loyal patron of the arts or an avid enthusiast of higher education, a field of interest fund supports the causes and issues you care deeply about. This type of funding allows donors to champion specific areas of interests, including education, human services, health, the arts, the environment and animal welfare, without naming a specific nonprofit organization. It also gives the Community Foundation flexibility to respond to urgent needs within these sectors and direct your donations to most effective nonprofits currently meeting those needs.
Field of interest funds can be created during your lifetime or through a bequest or planned gift.
Scholarships ensure our community is equipped to meet near-future demands for a qualified and educated workforce. Donors can customize scholarships to their interests, whether supporting students from specific schools, those following a certain academic career path or area of study, or attending a particular college or university or technical college or school.
Scholarship funds can be established with cash, publicly traded securities, mutual funds, closely held stock, real estate, tangible personal property and interest in limited partnerships. They can be named to honor you, memorialize a loved one or show support of a school or field of interest.
Click here to see our directory of scholarship funds
Southwest Florida Community Foundation Legacy Society
The society is a group of special philanthropists who are current and future endowed fund holders. These individuals, groups and families have already established endowments or have made it known to us the Community Foundation is named in their will or estate plan. We regularly convene roundtable discussions with Legacy Society members, nonprofit organizations and community stakeholders to identify issues facing Southwest Florida now and in the future. Do you have specific wishes for the community for the next 50 or 100 years? Then the society is a perfect fit for your legacy.
Click here for a sample Letter of Request and Direction needed to establish your legacy fund.
Nonprofit Agency Endowment Funds
Established by a nonprofit organization, these long-term funds allow an agency to take advantage of the Community Foundation’s financial management, administrative resources and expertise on planned giving. The funds are owned and managed by the foundation on behalf of the nonprofit and provide a simple and effective way for charities to build endowment and sustainability. Agencies can opt to receive annual proceeds as a source of income for operations and programs or roll over the amount to increase future endowment.