Most of your philanthropic clients likely support a wide variety of charities year after year. The causes they support represent a range of motivations, including personal experience, a role as a volunteer or board member, family tradition, or alignment with values and community priorities.
Many of the charitable organizations your clients support are local. That’s important to note because it means that your clients are especially well-positioned to lean into the Winona Community Foundation’s unique position as the hub for charitable giving and local knowledge. Here are three reasons that matters:
–Clients can tap into our staff’s knowledge about specific organizations, including financial information, data about the impact of its programs, and observations of an organization’s areas of greatest need.
–Clients can choose from a variety of fund types depending on what they’d like to achieve. A designated fund, for example, allows your client to set aside tax-deductible dollars that are dedicated to supporting a specific organization. Through the Foundation’s services, funds are distributed over time to the charity while the assets remaining in the fund are protected from the charity’s creditors. Another example is an unrestricted fund, which leverages the Foundation’s extensive knowledge about the needs of the Winona community and the nonprofit programs that are addressing those needs.
–Clients can work with us to leave a bequest to an endowment fund, or to start their own endowment fund, to support community needs for generations to come. As a perpetual organization, we want to ensure that charitable giving stays strong in our region to address important needs as they evolve over time.
Of course, if your client establishes a donor-advised fund at Winona Community Foundation, the fund can support local causes as well as causes across the country. As the hub for your clients’ charitable giving, our tools and our staff are dedicated to helping your clients achieve their charitable goals both near and far.
