Business Advised Fund - Communities Foundation Of Texas

Your heart for community, our expert guidance.

Giving back to your community should be easy and rewarding. Through the Center for Business Impact, we help generous businesses like yours navigate the world of giving with one-to-one service and deep expertise in charitable fund creation and management. We also provide opportunities to engage your employees in volunteer events, trainings, and more.

Let us be your giving partner and help you and your employees maximize your impact.

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Get started with a donor-advised fund for your business.

Get acquainted with one of the easiest and most effective
ways to make a charitable impact with your business. We can help you establish and manage a fund to give to the causes you care about most.

When you partner with us, it’s easy
as 1-2-3:

Select a fund type
Create and add to your fund
Award grants to nonprofits

The benefits of working with CFT

DEDICATED
RELATIONSHIP
MANAGER

24/7 ACCESS TO
ACCOUNT &
RESOURCES

GRANT
OVERSIGHT &
MANAGEMENT

INVESTMENT
SUPPORT

TRAINING &
EDUCATION

DUE DILIGENCE
FOR UNLIMITED
U.S. CHARITIES

PROPOSAL REVIEW &
GRANT IMPLEMENTATION
SUPPORT

ACCEPTANCE &
LIQUIDATION OF
COMPLEX ASSETS

A fund for every passion

We offer a full suite of charitable solutions for businesses, and our experts are always available to help find the right fit for you. You can even open an account on behalf of executives, or engage your employees in your giving and granting.

DONOR-ADVISED FUND FOR BUSINESS

We can support your company's philanthropic goals with a full spectrum of services, including grantmaking, volunteer coordination, site visits, partnership development, and nonprofit due diligence. We’ll work with you to identify ongoing uses for your fund and help maximize impact.

DONOR-ADVISED FUNDS

Want a simple, powerful way to actively participate in grantmaking? With an initial gift of $5,000 to $100 million or more, you can start recommending grants to the initiatives you care about. You can easily support multiple nonprofits and manage your fund online. You can establish funds for yourself, your family, or even your corporate executives.

CORPORATE SCHOLARSHIP FUNDS

Give deserving students the opportunity to pursue their dreams while achieving your own charitable goals. Scholarship funds can be structured to benefit students at any education level or institution. Whether you want to align your business with education, honor an outstanding contributor, or give back to your community or your alma mater, we’ll work with you to create a scholarship that is uniquely your own.

CFT For Business Impact Spotlight: Neiman Marcus Group

Neiman Marcus Group partners with Communities Foundation of Texas

CFT has been a great partner in making our grantmaking more strategic, equitable, and transparent.

- Ali Mize, Senior Director of ESG, Belonging, and Corporate Philanthropy

Neiman Marcus Group

READ FULL STORY

Have questions?
We’ve got answers.

With over 70 years of experience, we’re ready to provide answers to any questions you may have.

What are the fees associated with a business-advised fund?

A $5,000 minimum contribution is required to open a fund at CFT. CFT’s fees offset the costs associated with administering a fund and help cover professional services while sustaining the work of the foundation in the community. These costs include staff time devoted to investment oversight, grant making and record keeping. Fees are reviewed annually and assessed monthly. CFT may adjust fees as appropriate.

What is a community foundation?

A community foundation is a tax-exempt public charity serving thousands of people who share a common interest of building a thriving community for all.

Learn more here.

Why partner with CFT?

Communities Foundation of Texas has over 70 years of experience supporting individuals, families, businesses, and nonprofits with their charitable giving.

Ready to get started?

Let us help you develop your customized, strategic giving plan.

LET'S CONNECT

Open A Fund

Nick Marino I SQ scaled

Nick Marino, Jr.

Center for Business Impact Director

Kymberlaine Banks I scaled

Kymberlaine Banks

Senior Business Engagement Officer

Elizabeth Corley SQ

Elizabeth Corley

Business Engagement Officer