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© 2013 Greater Everett Community Foundation
2823 Rockefeller Avenue, Everett - Mailing address: PO Box 5549, Everett, WA 98206
(425) 212-4056 - FAX: (425) 212-4059
Benefits for Working with Us
Flexible charitable vehicles. Effective financial solutions.
Flexible giving. When donors establish a fund through their community foundation, they open the door to a very broad range of charitable options. The community foundation can manage virtually any type of gift for any charitable purpose, offering everyone the opportunity to make a lasting contribution that directly benefits their community.
Personalized giving. Experienced and knowledgeable staff, who share a deep commitment to the well-being of the community, can help find the best charitable organizations to fit each donor's interests, and help donors and their advisors structure a charitable fund to satisfy specific goals and financial objectives. Many donors use their community foundation as a means of giving during their lifetimes, and providing a charitable endowment after their deaths to support their charitable interests in pepetuity. Giving through the community foundation is more personal. There is a real indentification with the idea of 'giving back.' People feel they are contributing more fully to the development of their community.
Responsible financial management. Gifts to the community foundation can become part of a lasting endowment. For many people, the idea of endowment is attractive, particularly when they feel assured of good stewardship and know there are provisions for responsible use of the funds. Principal is expertly and responsibly managed in a balanced portfolio, and available income is used to fund projects according to donor wishes. Funds are invested with professional, well-known financial institutions, and performance is reviewed regularly. The foundation's financial position is evaluated annually by an independent audit. These safeguards ensure that contributions will be preserved and earnings will be maximized over time.
Faithful to donor intent. One of the major strengths of a community foundaiton is its ability to provide a flexible vehicle for donors with multiple philanthropic interests. The foundaiton keeps in close contact with nonprofit agencies throughout the local area, and their broad perspective and local knowledge assures that grants will always be targeted where they can do the most good. The leadership of the community foundation is well-trained and sensitive to seeing that the client's needs and objectives are served. Their goal is to see to it that donoros get into a fund or gift situation that meets their objectives.
A valuable resource
One of the advantages community foundations offer advisors is community-wide access to technical resources and experienced planned giving professionals.
Community foundations can provide information on specific types of charitable gifts, such as charitable remainder trusts. There are some subtleties within each instrument, and being able to work with their legal counsel is very helpful.