Private Foundations
Many clients are considering establishing, or have already established, a private foundation. While the basic structure of a private foundation is similar to that of a public, community foundation, there are some key benefits to implementing a philanthropic vision through a community foundation.
The Community Foundation of the South Okanagan can help with the administrative burden, such as receipting and processing grants,
investment decision making and ensuring tax compliance. The Community Foundation also offers local expertise to provide recommendations for grants to charitable agencies that meet the client’s objectives.
Click here for a comparison of three different approaches to giving:
- Community Foundation Fund
- Commercial Donor Advised Fund
- Private Foundation
Contact the Community Foundation today to discuss whether a private or community foundation is the best choice for realizing your philanthropic goals.
