Helping Your Client Establish a Fund

Give us a call at any time to explore an option or discuss a client's situation. We respect client anonymity and are glad to work exclusively through you. Many of our relationships with professional advisors begin this way. Even if this does not result in a charitable gift through the Community Foundation, we want to hear from you.

We are also happy to meet with you and a client to discuss charitable options. Please contact J. Larry Snipes, Director of Develpment, at 803.254.5601 x. 322 or larry@yourfoundation.org.

Here is a step-by-step process to help you assist your clients when starting their fund:

• Determine what type of contribution your client would like to use to create a fund. Contributions may be in the form of cash, securities, or other property valued at $10,000 or more.
• Name the fund. Clients can use their own name, the name of a family member or one they invent.
• Determine current fund advisors such as the client and spouse, and successors such as children.
• Complete and sign a simple governing document based on the type of fund established. Sample governing documents for a number of fund types are available in the Forms Archive.

Once a fund is established, donors may:

• Add to the fund at any time in any dollar amount with any form of appreciated asset.
• Recommend distributions from their fund to charities, locally, nationally, or internationally. There is no limit to the number of grants you can award each year.
• Specify how grant distributions are to be acknowledged - whether in the name of the fund or anonymously.
• Receive assistance from Community Foundation staff if they have a particular interest but need more information about a community organization or charitable project.

Visit Ways to Give for more information on different fund options.