News for Professional Advisors

Some clients, particularly those without children or close family, view philanthropy as a way to extend their values and their legacy.

But what’s the right financial vehicle for them to make a lasting difference?

A Donor Advised Fund or an endowed fund can serve as that “family legacy” for those clients – even when there isn’t a next generation to carry it forward.  There are a variety of ways clients can set up their charitable giving to ensure it lasts long into the future. They can choose to:

• Create a field of interest or unrestricted fund to address evolving community needs.
• Name an organization close to them to receive continued distributions after their lifetime.
• Trust the Community Foundation to carry out their wishes as intended. 

Philanthropy experts at the Community Foundation help donors clarify what’s important to them – and how they want to leave a legacy that provides a meaningful impact to local nonprofits. Conversations around a donor’s values lead to a charitable giving strategy that can support causes as broad as education or healthcare to more targeted causes or areas. 

Donors without heirs often appreciate the oversight, permanence and expertise that the Community Foundation offers. Financial advisors can help foster these conversations – especially when clients begin asking about their legacy. 

We want to work with you and your clients to carry out their philanthropic wishes.