We do all the work.
1. Your corporate giving becomes easy.
A Corporate Donor Advised Fund is a component fund of Westchester Community Foundation, operating under our Federal Tax ID. There are no tax returns for your corporation to file. We provide tax receipts for all contributions. It is a seamless means of outsourcing your corporate giving program.
2. Your philanthropy becomes cost effective and efficient.
A Corporate Donor Advised Fund is created by a standard agreement between the corporation and the Westchester Community Foundation. The minimum to establish a fund is $5,000. Fees are 50 basis points (5/10 of 1%) of the average market value, or 2.5% of grants paid, which cover all administrative costs. We have many years of experience handling all type of assets including cash, publicly traded stock, real estate, and closely held stock.
3. Your visibility in the community increases.
Your corporation selects the name of the Corporate Donor Advised Fund (“The XYZ Company Fund”). Grant checks and transmittal letters include the name of your company and the contact person at your company. In partnership with your corporation’s media/PR team, we can help advance your company’s visibility in the community and share news about your recent charitable investments through your fund.
4. Your philanthropy becomes strategic.
Once the Fund is established, the Foundation’s staff will work with you to help shape a giving program that provides specific and measurable strategies to meet your philanthropic objectives. Consultations will also be offered to employee groups or corporate executives who may be interested in creating individual charitable legacies.
5. You can be a catalyst for regional, systemic change.
You know critical issues defy conventional answers, and are too complex to address alone. That’s why forming strategic partnerships is essential for tackling Westchester County’s most critical issues. When you join our community leadership work, you become a catalyst for regional, systemic change. We conduct research to identify emerging needs; search for successful solutions; bring together nonprofit and community leaders, corporate leaders, civic officials, experts, and donors to create and fund collaborative solutions.
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