Compare Your Options

With so many options available, we understand that you must weigh several factors before choosing the right philanthropic vehicle for you.  For many individuals and families, creating a donor advised fund or a supporting organization at The Community Foundation is an attractive alternative to establishing their own private foundation.  We offer you simplicity, flexibility and a professional staff that is eager to provide you with personalized service and a wealth of community knowledge.

Why choose TCF vs. a private foundation?

Donors who choose to set up a private foundation must assume the responsibilities of structuring the foundation, formulating policies, overseeing investments, filing tax forms and monitoring grants.  TCF will handle all of these functions for you, while offering greater tax advantages than those available through a private foundation.

Why choose TCF vs. a commercial gift fund?

While both community foundations and commercial gift funds offer similar tax advantages to establish donor advised funds within a public charity, TCF is unique in its ability to offer valuable local knowledge and broad array of fund types to meet your specific needs and interests.  You can meet with staff to learn about community needs and engage with other donors who share your interests.  We will arrange site visits so that you can learn about charitable organizations that interest you, and we can help you engage additional family members in your philanthropy.

The ultimate advantage of using a community foundation compared with a commercial gift fund is that you can endow your donor advised fund through your estate plan.  Beyond the lifetimes of any named advisors, our Board of Governors will provide stewardship to ensure that your gift will continue to address long-term community needs.

See the Private Foundation Comparison Chart to discover the benefits of working through The Community Foundation.