We recognize and respect your trusted leadership role with clients and are excited to support your success with your client’s philanthropic needs. Our goal is to provide you and your clients the information, connections, and solutions that strengthen your client service relationships.Through our collaboration together, we can identify the giving vehicles and solutions to best integrate your client’s philanthropic goals into their comprehensive wealth management and estate plans. The Community Foundation offers a personal, local and flexible approach to giving. We work with you to connect your donors with causes most meaningful to them in a tax-advantaged – time saving – low cost manner as possible.Collaborating with our professional advisors has numerous advantages, including:

United Way can make recommendations specific to your client’s areas of interests and passions.
Professional advisors are often faced with a delicate dilemma: you want to discuss the many benefits of charitable giving with your clients, but you want to avoid recommending specific charitable causes or organizations. Fortunately, the community foundation is a simple solution.

United Way’s board and staff are skilled local professionals and community leaders that have deep community connections and an in-depth understanding of our communities’ nonprofit organizations, charitable projects and critical community needs.

We provide clients the ability to give anonymously.
Donor’s names, fund names and grants to charities can be kept private. They may enjoy supporting their favorite charities and avoid unwanted solicitations.

Clients can use the Professional Advisors to support multiple charities or community causes of their choice—locally or nationally—and receive maximum tax benefits.
United Way’s PassionFunds frequently represent ideal solutions for clients’ philanthropic needs. PassionFunds maximize donor’s flexibility while minimizing their taxes, administrative issues and costs, thus giving them more money and personal time to devote to their favorite charities and causes.

Help your clients leave a more powerful philanthropic legacy than they ever dreamed.
Increase your planning options by converting non-traditional complex gifts , such as real estate, life insurance policies, closely held business interest, and art-collectables, into charitable funds.

Help multiply your client’s impact and enjoyment of giving.
Provide an enhanced enjoyment of giving by discovering opportunities to partner and network with charities of choice and other like-minded donors.

How donors can be sure their charitable gifts will make a difference.
We will supply your clients support with nonprofit research and the design, measurement and monitoring of the impact of their charitable giving.

Simplify your client’s record keeping.
Organizing multiple charitable grants from a single gift to a flexible PassionFund only requires a single receipt from the Foundation. Quarterly statements and online DonorCentral access provides a complete history of all gifts to the fund and grants to charities from their PassionFund.

Stay connected to your client’s philanthropic activities
Receive online access to the client’s gifts and grant making activities. Financial advisors may continue to manage the client’s charitable investment portfolio (minimum $500,000).

Your nonprofit organization excels in providing essential programs to create a vibrant and healthy community. The Community Foundation of Volusia & Flagler is committed to strengthening and serving nonprofit agencies in our community so they may thrive for years to come. Our services include:

1. Management of endowments and reserves for nonprofit organizations.
2. Consulting with donors and their professional advisors for effective planned giving and complex non-cash type gift options.
3. Agency development and governance training through the United Way Certified Partner Agency Program

Your relationship with the Community Foundation provides ways for your nonprofit to:

Empower Your Board And Staff
Focus your resources on generative activities such as donor relationship development and the impact of your programs, rather than investment management and administration.

Increase Major Endowed Gifts
Provide donors high confidence in expert oversight by an experienced and trusted community foundation professional.

Increase Lifetime Gifts And Bequests
Provide skillful planned giving collaborations with donors and their trusted professional advisors.

Increase Donor’s Types Of Gifts
Provide assistance with complex non-cash gift acceptance.

Increase Investment Efficiencies
Pool the fund with other foundation fund assets.

Align Your Investment Interests
Our own funds are invested with the same managers and in the same pools.

Provide Online Access To Fund Information
Donors may use our easy and secure Donor Central portal.

Receive Expert Training
We offer instruction on various topics through the United Way Certified Partner Agency program, including endowment building and board training.

Increase Your Agency’s Visibility
This includes:

• Listing on the Community Foundation website and in annual reports and publications.
• Donor strategic philanthropic consulting by the Community Foundation.

You understand how important it is to protect and sustain your agency to ensure it can meet its mission. An agency endowment fund is designed to provide a steady source of income that can ensure the viability and sustainability of your nonprofit agency in perpetuity.

Nonprofits establish their agency funds at the Community Foundation as a simple and efficient way to build an endowment for their organization.  Creating an agency endowment fund with the community foundation allows you to reap the benefits of an endowment fund with assurances of expert fiscal stewardship and without the associated administrative burdens and costs.

What is an Endowment?

Endowment funds are design to provide for the long term preservation of the fund capital and provide annual stable cash flows that will benefit your charity in perpetuity.

This option is best for organizations that want to assure donors that their intent for donations and bequests to last forever will be honored.

Benefits of a Permanent Endowment:

• Opportunity for stable and growing revenue streams forever.
• Diversify your revenue streams to reduce potential volatility associated with traditional fundraising activities, such as your campaign and events, e.g. economic downturns and severe weather.
• Empower your agency to strategically plan for long-term program results.
• Assure donors the endowment fund will continue in perpetuity and honor their intent.
• Attract major donations and legacy gifts by demonstration of your organization’s foresight to plan for its longevity.

How it Works:

1. You begin with a balance as low as $50,000.
2. Complete a simple Agency Agreement prepared by the foundation.
3. Your fund is overseen by the investment committee and governing board of the community foundation.
4. An annual payout to your agency is made based on the community foundation’s spending policy is paid to your agency for your use and benefit.
5. Your agency can add to the endowment at any time.
6. You receive quarterly statements of the fund balance and activities.

In addition to your permanent endowment fund which earnings provides for your long-term financial sustainability, it is critical for agencies to first consider building a liquid designated “rainy day” reserve fund which provides working capital to your organization as a hedge when short-term unexpected challenges occur, e.g. declines in campaign or event revenues as a result of economic or weather-related events. A reserve fund may also be useful when planning for capital improvements.

What is a Non-Endowed Fund?

Agencies can receive an investment return on their capital and have the option for liquidation and distribution at any time and for any amount, including 100% of the fund balance.

Benefits of a Non-Endowed Fund:

A non-endowed fund is often used to maintain and grow sufficient capital reserves in the event of unexpected financial difficulties. A reserve fund may also be useful when planning for capital improvements.

How it Works:

• You begin with a balance as low as $10,000
• Complete a simple Agency Agreement prepared by the foundation.
• Your fund is overseen by the investment committee of the community foundation and invested in a manner consistent with your organizations time horizon and risk-reward objectives, e.g. conservative, moderate, aggressive.
• Your organization may advise grants from the fund in any amount at any time. Fund disbursements are subject to final approval by the foundation’s governing body.
• You receive quarterly statements of the fund balance and activities.