Your clients receive a full tax deduction for their original and any subsequent gifts, which are invested in a tax-free environment and then used for charitable purposes.
The grouping of assets under the administrative umbrella of a community foundation creates significant investment management economies of scale.
There are no taxes due and no minimum payout requirements.
The process for creating a named fund is simple and can be accomplished in a matter of minutes.
All funds within Corry Community Foundation are covered under a single, and simplified, 990 form and a single audit.
Our assets are professionally managed, including investment products that may be unavailable to the individual donor. The end result is more money available to support favored charities.