For Professional Advisors
The Community Foundation tailors custom giving solutions based on the financial needs and charitable interests of your clients. With more than 90 years of philanthropic expertise, a deep knowledge of local charitable causes and its highly regarded performance in managing Greater New Haven's charitable assets, The Community Foundation is your ideal partner in philanthropy.
Strategic Charitable Giving
The Community Foundation helps attorneys, accountants, financial advisors, investment professionals, insurance agents and other advisor professionals create plans that meet the specific charitable needs of their clients. Whether your client wants to plan a legacy or make a gift today, The Foundation has the expertise and flexibility to help you customize the best solution.
Making a Difference
Whatever moves a person to give, we can help turn that inspiration into meaningful and lasting philanthropic contributions. Learn about the many different ways donors working through The Community Foundation have chosen to give back.
Est. 2020 for the purchase, shipment, and distribution of personal protective equipment for medical workers
Charitable giving at The Foundation can take many forms. It can start with a donation to an existing fund or nonprofit organization. A donor may be ready to create a fund and centralize a lifetime of giving in one place. A fund gives your clients easy, instant access to make grants and make a difference in their community.
Maintain Assets Under Management
Advisors have the option to keep their clients' assets under management through The Community Foundation's Custom Investment Partnership Program (CIPP). This allows your clients to create a charitable fund and benefit from The Foundation's extensive grantmaking experience and philanthropic knowledge without changing your role in managing their investment portfolio.
Having worked in philanthropy for more than 90 years, The Foundation understands that planning a legacy unique for every person. The Foundation offers a suite of options for your clients that can be customized to meet their individual financial needs and charitable aspirations.
Charitable Fund Types
The Foundation is home to around one thousand funds and upholds the charitable intent of every donor behind each one. The Foundation development and donor services team can provide you with as much or as little information as you need to help your clients carry out their own philanthropic visions with the right charitable fund for them.
Your client may want to convert into a charitable asset a piece of real estate, the unused funds from a retirement plan or even personal property like a paining or wine collection. The Community Foundation will work with so your clients can turn even the most complex assets into resources for achieving their philanthropic goals.
The Foundation pursues a long-term investment strategy that mitigates the effects of market volatility while still achieving the growth needed by a charitable endowment. This ensures that the assets placed in its trust will grow over time while perpetually generating philanthropic resources.
The investment strategy for the Foundation's endowment was recently presented at the donor briefing - Complexity, Controversy and Opportunity »
The Foundation offers advisors professional development education and networking opportunities throughout the year. Advisors who work with us also have access to The Foundation's extensive knowledge of nonprofits and community leaders and the needs and priorities of the region.
FREE ADVISOR RESOURCE CENTER
Tax policy, case studies, news from Washington, planned giving insights and more. This complimentary resource, powered by GiftLaw, is designed for CPAs, attorneys, CLUs, CFPs, ChFCs, trust officers and other professionals.
Our Services For Professional Advisors
- Comprehensive giving solutions including: bequest and estate planning; charitable gift annuities, donor advised funds, and more.
- Financial Advisors maintain Assets Under Management (AUM) with our Custom Investment Partnership Program (CIPP).
- Giving plan consultations.
- Sample agreements and agreement language.
- Unconventional asset transfers.
- Networking events and educational seminars given by experts in the areas of tax, estate and charitable gift planning. Sign up to stay informed.
Funds and Administrative Fees
Administrative fees empower The Community Foundation to enhance the impact of philanthropy in Greater New Haven, drive community leadership and offer personalized service and local expertise.
Fees shown below are not inclusive of investment management expenses. Learn more.
|Type of Fund||Minimum Fund Balance*||Administrative Fees|
Unrestricted, Preference & Designated
1% annually of a fund's market value withdrawn quarterly
1% annually of a fund's market value withdrawn quarterly; for funds under $10,000, a minimum fee of $75 per quarter will apply unless the fund fits criteria of a Build-A-Fund
If the scholarship requires application and review process, 1.5% annually of a fund's market value withdrawn quarterly; if a scholarship is designated to a single organization, then the designated fund minimum ($10,000) and fees apply (1%)
* Funds can be built to fund-minimum in recommended period of 3-5 years or other time period per written fund agreement. Administrative fees will not be assessed during the "building" period.
Gifts by credit card: The fund that receives a credit card gift will incur the transaction fee assessed by the credit card processing company; this fee does not reduce the deductibility of the contribution.