Private Foundations and Corporate Philanthropy

private Foundation services

Family and private foundations are often established by individuals or groups as part of a philanthropic plan. Often, they are not fully aware of the many challenges associated with managing such a foundation, which can diminish the joy of giving.

By transferring funds to the Quad Cities Community Foundation, donors can continue to give generously while the Community Foundation manages the administration of their funds. Private foundations also have the option of contracting with the Community Foundation to leverage its core philanthropic, grantmaking, administrative, financial, communication, and stewardship functions to ensure the purpose and legacy of the private foundation continues to have meaningful and transformative charitable impact.

 

Corporate philanthropy partners

As part of an overall philanthropic plan, many corporations consider establishing a charitable foundation, which can be a challenge to manage efficiently. The Community Foundation offers a corporate foundation alternative, such as Corporate Foundation Funds. This flexible alternative provides the benefits of a corporate foundation, while freeing companies from the burden of administration. In addition, companies can enjoy greater tax benefits and anonymity, which are not possible through a corporate foundation.

For those who have already established a corporate foundation, we offer services to help you manage the administrative challenges. Whether you are considering a corporate foundation or have already established one, consider making the Community Foundation your philanthropic partner.