Foundations

 

Community Foundations vs Private Foundations

Click here to download a comparison chart

 

Family Foundations

Private foundations are often established by individuals or organizations as part of a philanthropic plan. However, often they are not fully aware of the many challenges associated with managing such a foundation, which can diminish the joy of giving. 

Occasionally private foundations make the decision to close but still have the desire to carry out their philanthropic plan. By transferring funds to the Community Foundation individuals and organizations can be confident that their gift will continue to impact the region for years to come.

A few recent examples of private foundations that have closed and transferred their funds to the Community Foundation are the Amy Helpenstell Foundation and the Potter Family Foundation.

For questions, call our Development Team at 563-326-2840 or email development@cfgrb.org. 

 

Corporate Foundation Alternatives – Benefits Without the Burdens 

Many corporations consider establishing a private foundation as part of an overall philanthropic plan. However, often they are not fully aware of the many challenges associated with managing such a foundation, which can diminish efficiency. The Community Foundation offers a corporate foundation alternative, such as Corporate Foundation Funds. This flexible alternative provides the benefits of a private foundation, while freeing companies from the burden of administration.

In addition, companies can enjoy greater tax benefits and anonymity, both of which are not possible through a private foundation. For those who have already established a private foundation, we offer services to help you manage the administrative challenges. Whether you are considering a private foundation, or have already established one, let the Community Foundation be your philanthropic partner.

Call our Development Team at 563-326-2840 or email development@cfgrb.org to confidentially explore the options.

 

Private Foundations Administered by CFGRB

These Private Foundations have contracted with CFGRB to manage the administration of grant making activities.  For more information, contact Sherry Ristau at 563-326-2840.

 

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Did You Know?

The Teens for Tomorrow youth philanthropy program has given local students the opportunity to grant more than $70,000 to the community since the program's inception in 2002.
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