What is a Donor Advised Fund? A Donor Advised Fund (DAF) is a charitable fund, advised by you and administered by the Community Foundation of Grundy County (CFGC). As advisor, you recommend charitable gifts. We handle the investments and all the paperwork: tax reporting, receipts for your tax-deductible gifts, confirming the organization’s non-profit status, and […]
Donor Advised Funds. We do the work. You get the credit. Read More »
The concept of a donor advised fund is fairly straightforward: give a gift to the community foundation to set up the fund; take the instant charitable tax deduction; recommend grants from the fund…whether now or in the future. However, there are many technical questions and details to be addressed in order to fully think it
An in-depth look at donor advised funds Read More »
We are a local organization with deep roots in the community. Our professional staff has broad expertise regarding community issues and needs. We provide highly personalized service tailored to each individual’s charitable and financial interest. Our funds help people invest in the causes they care about most. We accept a wide variety of assets, and
10 Reasons People Choose to Give Through Community Foundations Read More »
CFGC offers many types of funds that donors can design to fit their charitable goals. Please click on the link below to download the 3-page pdf file explaining the different fund types and purposes: Donor Products and Services
Donor products and services Read More »
CFGC is the local expert in endowments. Why give a gift once to watch it disappear when you can endow a gift and then watch it grow while still giving grants? Endowments traditionally hit their stride around the 20-year mark. That’s when the fund has grown to the point where it has granted an amount
The magic of endowment Read More »