Private foundations may choose to channel a portion or all of their funds into An Advised Fund at NWACF. The following are some of the distinct advantages of an alliance with NWACF:

MAXIMUM ESTATE AND GIFT TAX DEDUCTIONS

As a public nonprofit, contributions to a fund at NWACF qualify for maximum estate and gift tax deductions. In addition, we are able to accept assets, such as privately-held stock and real estate, that are not always the most beneficial gift to a private foundation.

ADMINSTRATIVE EASE

NWACF manages all adminstrative aspects of a fund – from distributions and tax substantiation to quarterly statements and annual audits.

ANONYMOUS GRANTS

A gift through a fund at NWACF may be made anonymously.

ACCESS TO A FULL-TIME, PROFESSIONAL PROGRAM AND FINANCIAL STAFF

With expert understanding of the nonprofit sector, as well as the changing needs in our region, our staff can serve as a valuable resource to you in determining grants and handling financial matters.

To learn more about establishing An Advised Fund or how a private foundation can terminate into the Community Foundation, contact us.

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