PRIVATE FOUNDATION OPTIONS

Some clients may come to you with the belief that a private foundation provides their only option for long-term involvement with assets they set aside for charitable purposes.  In reality, a named donor advised fund or supporting organization at The Community Foundation offers numerous advantages to these clients, provides real ways for them to stay engaged in giving and avoids many of the hassles of private foundation management. 

Explore the information in this section to look at these charitable giving options (see links above).  Feel free to print any of these materials for discussions with your client.

We welcome the opportunity to consult with you and any clients who would like to discuss the advantages and disadvantages of each approach.  Our desire is to help you find the solution that works best for your client.  If you have questions, please click here to contact us for more information.
Paying civic rent

Engels turn private foundation into two funds for the greater good
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When Marvin and Ruth Engel decided to terminate their private foundation in 1998, they found a unique solution at The Community Foundation, one that satisfied their need to continue making grant decisions as a family while still making sure that the community's greatest needs were met – forever.  

“Our family is from Birmingham, and our business has always been in Birmingham,” said Marvin Engel.  “We wanted to pay back the community that helped to make that business successful."  more

Private foundation options