Giving through NWACF can be an efficient way to support a charitable cause or organization. Here are 6 major reasons why:
SIMPLICITY
Creating a philanthropic fund through a community foundation can avoid the legal complexity, administrative burdens and compliance requirements of establishing and maintaining a private foundation.
TAX BENEFITS
Gifts and bequests to a community foundation typically receive the maximum income, gift and estate tax benefits. Integrating a charitable giving program through NWACF with your overall financial plan can further these benefits. Your financial advisor will have more important tax information to help with your gifting decisions.
COMMUNITY IMPACT
Giving through NWACF allows donors to put their charitable dollars directly to work in their own communities.
FLEXIBILITY
NWACF can accept nearly any kind of gift – from cash and real estate to stock and other appreciated assets. An individual, family, business or orgaization can create a philanthropic fund for virtually any charitable purpose.
RECOGNITION
Endowing a fund at NWACF is a fitting way to memorialize or honor a loved one and create a permanent legacy that will be remembered for generations. Conversely, a community foundation can carefully protect a donor's identity, if desired.
COST EFFECTIVENESS
Because NWACF manages many individual donor gifts, it can service and administer each of them at a fraction of the cost of a private foundation, or other smaller nonprofit organization.
