June 2008
Like many advisors we work with, you may have clients who are feeling overwhelmed by the administrative burden and expenses associated with their family foundations. In this issue of Giving Outlook, we'll discuss the growing trend of transitioning a private foundation and distributing the assets to a public charity with a donor-advised fund program. This alternative giving solution provides your clients with the ability to fulfill their philanthropic goals without the administrative burden. Your clients can potentially give more support to their favorite charities, recommend grants anonymously, and enjoy many other benefits of a donoradvised fund program.
Learn more about the benefits of transitioning a private foundation to a donor-advised fund and how simple the process can be for you and your clients.
When a client decides to dissolve his or her private foundation, there are a few simple regulatory steps to follow. Please call 1.800.280.6357 or visit CharitableGift.org/dissolution for more information regarding federal and state regulations.
Call 1.800.280.6357 to speak with a Charitable Planning Specialist.
Newsworthy
Donating Appreciated Securities
Help your clients maximize the value of their donations. By donating appreciated securities, your clients may increase their tax savings and provide additional support to charities.
The Fidelity® Charitable Gift FundSM (Gift Fund) is an independent public charity with a donor-advised fund program. Various Fidelity companies provide nondiscretionary investment management and administrative services to the Gift Fund. Charitable Gift Fund is a service mark, and Giving Account is a registered service mark, of the Trustees of the Fidelity Investments® Charitable Gift Fund. Fidelity and Fidelity Investments are registered service marks of FMR LLC, used by the Gift Fund under license.
Fidelity Charitable Services, Fidelity, and the pyramid design are registered service marks of FMR LLC.