Start a Fund
Decide When to Give
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You may create your Fund during life, by will, or through a trust arrangement that benefits your families as well as charity. Tax deductions are earned at the time of the gift, while grantmaking continues into the future. Other people may make tax-deductible contributions to your Fund to mark a special occasion or to support a cause or special project you have in mind.
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Decide What to Give
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Almost any kind of asset can be used to start a fund, including cash, publicly traded securities, closely held stock, interests in limited partnerships, and real estate and tangible personal property. Gifts of long-term appreciated property earn tax deductions for their fair market value. You can also create a new Fund or add to an existing one with a charitable remainder trust or a charitable lead trust.
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Choose the Name for Your Fund
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Most funds are named for the donor or the donor's family, or as a memorial to someone special. Every grant from the Fund and publicity about the award will carry this name. If you prefer anonymity we can help you select an alternate name for your Fund.
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Types of Funds
Signature Funds
Signature Funds take your philanthropy to a new level, and give you the feel and performance of a fully-staffed private foundation at no additional cost.
Your staff will:
- conduct a unique values, vision and mission exercise with you, and your family if you wish, to create a Personal Philanthropic Plan.
- serve as your personal grants manager to address your needs, conduct research and report back to you on grants made by your Fund.
- meet with you annually to evaluate and refine your Personal Philanthropic Plan.
Charitable Funds
There is a wide range of Fund types offered by the Community Foundation of Broward that allow you to customize your giving to fulfill your personal charitable goals. We provide many philanthropic solutions for the causes that matter the most to you.
Compare the types of Funds here.
Call Barbara Witte in our Philanthropic Services department at 954-761.9503 x 106 to discuss how to start your Fund.
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News
June 9, 2010
June 6, 2010
new study finds
October 22, 2009
October 4, 2009
Publications
February 18, 2010
Dates to Remember |
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