Advisors

The Community Foundation offers a unique partnership to help you help your clients achieve financial, personal, business and charitable goals with maximum tax benefits.

Partnering With CFSGA

As an advisor, your clients trust you to help them manage their assets. Why not introduce them to the Community Foundation, South Georgia’s trusted source for charitable giving?

We offer maximum tax benefits with flexibility in the types of funds we offer as well as the types of gifts we accept. Whether it’s estate planning, retirement planning, the sale of a business, or other major decisions, we want to help you help your clients achieve their philanthropic goals.

With strong community knowledge, our experienced staff can assist your client in creating a charitable fund tailored to their specific needs and interests. The chart below will help you in understanding the difference between a Donor Advised Fund at CFSGA and a Private Foundation so that you can best recommend what is right for your client.

Advisor FAQs:

What type of Community Foundation fund can my client establish?
The Community Foundation offers several Types of Funds to help your client accomplish their charitable goals. Our Staff is available to discuss these options with you and help your client select one or more funds that best suit their philanthropic needs.
Why should I encourage my clients to establish a fund with you?
Developing a charitable plan that takes into account your client’s financial and charitable needs is no small task. As a professional advisor, the opportunity to help your clients achieve their philanthropic goals is both a privilege and a challenge. The Community Foundation wants to be a resource for you, as well as a philanthropic partner for your clients. A full understanding of charitable giving options, which can offer specific tax benefits, can help your clients achieve their financial, personal or business goals. The Community Foundation has an outstanding reputation for integrity and service to donors, and has developed unique resources for you to use in helping donors craft their charitable giving plans.
How do I help my client establish a fund?

View All Frequently Asked Questions

Donor Advised Fund vs. Private Foundation

Take a look at our Donor Advised Fund vs. Private Foundation chart comparison to see which one is right for you.

Download Chart


	Donor Advised Fund	Private Foundation
Startup Costs	None	Substantial
Ease of Creation	Execute a simple Fund Agreement	Involves creation of a new organization, application for tax-exempt status, and expenditure of time and money
Tax Benefits	Taxpayer can deduct up to 60% of adjusted gross income for cash gifts. Full fair-market value of gifts of appreciated property is deductible up to 30% of adjusted gross income	Cash gift deduction is limited to 30% of adjusted gross income. Only the cost basis of certain types of appreciated property is deductible, and deduction is limited to 20% of adjusted gross income
Excise Tax	None	Yes
Accounting, Investments, Audit & Tax Returns	Community Foundation handles all investments and accounting, files annual tax returns and provides annual audit	Trustees must handle all investments and accounting as well as comply with detailed reporting requirements
Investments	No federal investment requirements and no equity concentration restrictions	Certain types of investments prohibited, and the foundation may not own more than 20% equity interest in a business
Grant Distribution Requirements	None (on donors' timetable)	A distribution of 5% of net asset value is required each year
Anonymity	Donors' names may remain anonymous to the public	Names and addresses of contributors must be made available to the public
Costs	Minimal	Substantial

“The Community Foundation of South Georgia is a great tool for our trust, estate and financial planning practice. The Foundation partners with us to provide the services our clients need through the use of donor advised funds. Clients can control the amounts and timing of gifts to meet their charitable goals. Clients can save current income taxes on future gifts by transferring their appreciated investments to the foundation in one year but evenly distributing their annual donations to their favorite church or other favorite charity over several years.”

Bill Burke

CPA & Partner

Burke, Worsham & Harrell