Is your Client interested in giving?
Lawyers, Accountants, Financial Advisors & Insurance Professionals have come together with our Foundation members to guide clients through a myriad of questions when it comes to charitable giving and bequests in wills. We know clients make contributions to charities on an annual basis and some may even have included charities on their list of beneficiaries on their wills, but we want to help ensure all professionals help clients maximize their philanthropy efforts and benefit their communities.
Charitable Giving Can Help Stop the Rural Money Drains & Loss of Community Imbedded Wealth
Farmers and citizens of small towns survive by providing goods and services to cities and when they die their assets often leave just as fast; going to heirs living in urban areas. We’re taking about wealth built over generations…suddenly gone. Community foundations are working to save the imbedded wealth to grow endowment funds to fund local projects and initiatives. How can you help? What about making the community one of your heirs along with your children? (www.npr.org)
“For generations, ambitious kids have left small towns for the big city. And when those kids inherit money, it leaves the small towns too.”
Make your community one of your heirs along with your children
Donor Concerns Answered
Donors & clients often have questions & concerns; involving the Caledonia Community Foundation can help:
- “My donations are not having the impact I want them to have” As a small community, donation have a bigger local impact
- “I’m interested in addressing Caledonia’s needs” CCF keeps client funds invested & spent within the community
- “I don’t have a lot to give but I want it to go to a good purpose” There is no minimum gift & CCF can add them to any existing or community fund based on the client wishes.
- “I want to leave a legacy in my name or my family name” For larger bequests/gifts, CCF works with you or your client to set up a named fund to invested & spent within the community as directed. Families can remain involved in decisions or leave it up to us
- “I want to remain anonymous” Gifts to CCF can be directed anonymously to recipients of choice in a lump sum or annuity
- “I like supporting my community but often the project is not an existing charity and I want a receipt” CCF can act as an agent for charitable initiatives providing a tax receipt for the donation and disbursing the funds
- “My non-profit/charity/foundation is winding down; what do I do with the leftover money” Donating funds to CCF keeps the integrity of the funds and ensures they will continue to be disbursed for charitable activities as directed.
- “It’s so expensive to cover the administration for my non-profit/charity/foundation; is there a simpler solution?” Organizations can set up their own fund within CCF’s existing administration to eliminate duplication of tasks and expenses. CCF will work with them to set up a named fund, maintaining the integrity of monies and ensure they are disbursed for those charitable activities as directed. Board members can remain involved in decisions or leave it up to us.