Here are several benefits of working with a community foundation to reach one’s charitable goals.
There are many avenues to choose from when carrying out your philanthropic goals, but choosing a community foundation offers some unique benefits. Community foundations offer strong connections to the communities they serve, in addition to various giving options.
Here are five unique benefits to partnering with a community foundation to achieve your or your clients’ charitable goals.
1. We offer our donors a personalized level of service tailored to their needs.
You don’t have to call a 1-800 number to get in contact with an advisor.
At the Foundation, each donor is assigned a dedicated philanthropic advisor who works with them, their family and their professional advisor to provide a customized giving plan.
2. We provide donors with localized community expertise.
The Foundation makes grants to many of the same nonprofits our donors support. Our philanthropic advisors work closely with members of our Community Impact grantmaking team that have relationships with nonprofits across the state. Their deep understanding and knowledge of organizations specific to Minnesota allow our philanthropic advisors to provide nonprofit recommendations that align with donors' interest areas.
3. We provide donors with education and learning opportunities.
We bring our donor community together through events like Giving+Together that discuss the emerging and changing needs important to our communities. Donors can identify the best way to achieve their charitable giving goals through the use of our digital donor toolkit.
4. We can help donors envision — and then build — their long-term legacy.
With the Saint Paul & Minnesota Foundation, donors have many options for building a lasting legacy.
Our gift planners work with each donor and their advisors to identify the best way to carry out their philanthropic goals, and then we leverage all available tools to make those goals a reality. Depending on the donor's personalized charitable giving plan, we may recommend creating a donor advised fund through their estate or using beneficiary designations, a designated fund to provide ongoing support to specific nonprofits, or a field of interest fund to provide support to a donor's area of interest.
We are the perfect partner to help manage a meaningful and lasting charitable legacy.
5. We accept a wide range of assets.
In addition to accepting gifts of cash or stock, we also accept a range of non-cash assets such as real estate, closely held business assets, life insurance, farm assets and more. Our gift planners can help donors and their professional advisors identify which assets would be best to give.
To learn more about the Saint Paul & Minnesota Foundation as well as the benefits of partnering with a community foundation, contact one of our gift planners to see how we can work together to help you achieve your philanthropic goals.
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