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Establishing a fund offers many advantages.
Simplicity
Creating a fund is a very simple procedure and a fund does not have the same compliance and tax requirements as a private foundation. The Community Foundation provides a "one-stop shop" for all of your charitable giving needs.
Tax Benefits
Gifts to The Community Foundation receive the maximum tax advantages for income, gift and estate tax purposes.
Flexibility
The Community Foundation can receive many kinds of assets and may make grants to a variety of community organizations. We strive to design gift plans to meet your objectives.
Effective Leadership
A Board of Directors composed of knowledgeable leaders representing diverse segments of
our community provides overall direction and policy. Our professional staff is also available
to assist you, bringing together years of philanthropic expertise.
Objectivity
The Community Foundation is a conduit for charitable dollars and is not the end user. While our unrestricted funds are reserved for qualified applicants within the 23-county area, other funds established by donors are not bound by these guidelines. Our sole objective is to facilitate philanthropy.
Stewardship
There is always a risk that a nonprofit organizations mission or leadership
may significantly change. The Community Foundation monitors many of the charities our donors
support and can help our donors respond to these changes. Where donors have established
permanent endowments with us, we can help to assure that if such changes do occur, the
funds are reallocated according to the donors original intent.
Recognition or Anonymity
You may choose to receive public recognition or remain completely anonymous.
Professional Management
Our investment committee has carefully selected a team of investment managers to cost-effectively and efficiently oversee The Community Foundations capital resources. These managers are reviewed quarterly and are replaced if deemed appropriate.
Accountability
An annual independent audit ensures fiscal responsibility.
Impact & Performance
Your outright or deferred gift can meet both current and future needs as the Atlanta region changes. The Community Foundation has served Atlantas communities since 1951.
Twenty years ago, the Foundation held slightly more than $7 million in assets;
today our assets total nearly $600 million. The Community Foundation will stand
the test of time.
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