Building trust through designated funds and field-of-interest funds

Today, the cut-and-paste content for March landed in the inboxes of Embolden’s 157 community foundation clients who subscribe to the professional advisor newsletter package, donor newsletter package, and nonprofit newsletter package.

Our content this month covers a wide variety of topics:

• Why designated funds and field-of-interest funds are such important tools, especially because they are allowable recipients of Qualified Charitable Distributions, and how these funds help build trust between your donors and the community foundation over the long term

• Comparing private foundations to donor-advised funds and how the community foundation can work with donors who have both

• How the community foundation can help donors navigate the balance between giving globally and giving locally

• Suggestions for donors who want to focus their giving

• How to work with business owners who are interested in exploring ways to wrap charitable gifts into an eventual business exit or liquidity event

As always, these topics were suggested by our clients. We enjoy talking with several community foundations every week about the issues you’re addressing in your work with fund holders, professional advisors, and nonprofits.

If you’re not yet a client, and you’re dreading getting started on your next newsletter, this is a good time to subscribe to Embolden’s content. You’ll never have to start writing from scratch again!