Wednesday, October 20, 2010
Symbiotic Ways Private Foundations Use Community Foundations and Other Organizations | Planned Giving Design Center
Symbiotic Ways Private Foundations Use Community Foundations and Other Organizations | Planned Giving Design Center: "As philanthropic advisors, our job is to recommend the best method to meet our client's charitable objectives. If a direct gift is not appropriate, we generally begin to weigh the pros and cons of public foundations (i.e., community foundations or supporting organizations) and private foundations. All too often, the final recommendation tends to be one vehicle over the other when, in fact, using a combination of vehicles may be the perfect way to meet the client's needs. What follows are ten planning ideas, with accompanying case studies, that illustrate the synergies created by private foundations utilizing community foundations. Community foundations, in this context, will extend to religious foundations, colleges and universities, healthcare institutions, national donor advised funds or any nonprofit sponsoring donor advised funds."