Skip to main content

The top 8 reasons you should open a charitable giving fund in 2017

December 29, 2016

There are almost as many ways to give to charity as there are charities to give to. For many donors, opening a charitable giving fund is one of the smartest ways to manage charitable giving in a smart and concise way. How?

  1. To bring strategy and structure to your giving.
  2. Receive one tax receipt for all giving done through your fund. All of the donations you made on one nice, orderly receipt. This will make your accountant very happy.
  3. Stay personally involved in your grant making. Or don't. Want to set up a once-a-year donation and never think about it again? That can be arranged. How much time, energy and thought you want to dedicate to your charitable giving is dictated by you.
  4. Donate diverse types of assets. Cash donations are so 2016. With a charitable giving fund, you aren't limited to cash gifts - you can donate real estate, art or any other tangible assets that most charities aren't equipped to handle on their own.
  5. You benefit from all the work that's been done for others
  6. Simplify the mechanics of your giving and maximize the ways and assets you can give
  7. Choose how visible your giving is in the community
  8. Leverage our assets and investment expertise to grow your charitable dollars
Related Posts

Helping Weather the Storm

CFT fund holders support CFT's North Texas Winter Weather Crisis Relief Fund

Margaret Elizabeth and Michael McKissack established the McKissack Family Fund in December 2020. They had been giving to nonprofits directly and through CFT’s North Texas Giving Day for quite some time, and their new charitable fund at CFT allows them to streamline their giving and lean on CFT’s staff expertise when needed.

10 Reasons to Consider a Donor-Advised Fund at CFT

Donor-advised funds are the fastest-growing giving method in the nation because they provide ease and flexibility and are more affordable, tax-wise alternatives to managing a private foundation. You can establish a donor-advised fund at CFT with a gift of $10,000 to $100 million or more. Here are our top 10 reasons to consider opening a donor-advised fund at CFT...

Simplifying Complex Giving

Did you know that Communities Foundation of Texas can accept a wide range of gifts, even real estate, art and antiques?