Types of Funds

At The Community Foundation, we offer you the ability to establish a variety of different funds to meet your charitable goals. Many donors choose to set up a Donor-advised Fund to actively participate in grantmaking. Donor-advised funds offer an immediate tax benefit while also allowing you the time to learn about issues and then make gift recommendations when you’re ready. Others choose to make an unrestricted gift to our Common Good Funds that can benefit the community more broadly. Likewise, for donors that wish to support one or more named charities perpetually, we offer Designated Funds. We also offer Scholarship Fund options. For more complex philanthropic plans, The Community Foundation provides services to Supporting Organizations and Private Foundations.

 

Donor-advised Fund

A donor-advised fund is The Community Foundation's most popular and flexible giving vehicle. It allows you to donate now to The Community Foundation and recommend grants to specific nonprofits at a later time.

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Common Good Funds

If you're interested in giving to the greater good in the Atlanta region but not actively participating in grant recommendations, the Common Good Funds may be the best choice for you.

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Designated Funds

Designated funds allow you to provide support to a specific nonprofit through a long-term gift.

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Scholarship Fund

Some donors choose to create a scholarship for future students as a philanthropic legacy.

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Supporting Organizations

A supporting organization is connected directly with The Community Foundation but allows flexibilities similar to a private foundation.

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Private Foundations

The Community Foundation can provide supportive services to some individual private foundations.

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Highlights

New Report Shows Donor-advised Funds Provide the Majority of Grant Funding

A new Council on Foundations' report, "Donor-advised Funds Provide the Majority of Grant Funds Awarded by Community Foundations," shares a variety of interesting facts about these funds and their role in improving communities.


Did you know that…

  • Community foundations hold more than half (53 percent) of the estimated $31 billion currently held in donor-advised funds?
  • Donor-advised funds comprise about 33 percent of the community foundation sector's total assets of over $50 billion, yet make up 62 percent of the community foundation sector's annual grants?
  • The payout rate from community foundation donor-advised funds is three times the payout rate from other funds—16.4 percent versus 5 percent?

 

Cick here to get the full report.

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