The Winona Community Foundation wants to partner with you to help your clients meet financial and charitable goals by serving as a resource for professional advisors. We offer resources and opportunities to learn about philanthropy. We hope you will find the following resources helpful as you work with your clients to determine if the Foundation can be a good fit for their charitable and tax planning needs.
Types of funds
The Winona Community Foundation is here to help you provide charitable solutions that bring the greatest benefit to your clients and the causes they care about. Explore the different types of customizable funds to determine the appropriate solution to support your clients’ charitable passions.
What is an endowment?
When your client establishes a fund, we will be ask to determine if they would want to allow granting from the principle or if they want to endow the fund. If they choose to an endow fund, the original gift along with any additional gifts are invested in perpetuity. That means they will grant from earnings based upon the Winona Community Foundation’s current spending policy (5% of the average market value of invested assets on December 31 – the average market value is calculated using the preceding 11 calendar quarters). This spending policy may be reviewed and adjusted from time to time and is designed to ensure your clients philanthropy lasts forever.
Different types of gift planning
A planned gift is a commitment made during your clients’ lifetime, often with no financial commitment. These gifts support organizations like ours when they no longer need their assets.
For more detailed information, please contact us so that we can assist you through every step of the process.
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