Transferring a Private Foundation

Some of your clients may have an existing private foundation.  In this case, they may find that there are several benefits to transferring it to an advised fund with the community foundation.  Through a simple transfer process, your client may be able to avoid some of the hassles (and costs) of private foundation management.  

There are two options to consider:  the donor advised fund option and the supporting organization option.  Each approach allows your clients to remain involved in grant making, if that is their desire.  At the same time they will be able to ensure that their intent, name and pattern of charitable giving are maintained—in perpetuity if they wish. 

We are ready to guide you and your client through the private foundation transfer process. Please click here to Contact Us for more information