Establishing a corporate advised fund with Silicon Valley Community Foundation is effective and efficient. It is a convenient, flexible way for public and private companies to give back to their local and international communities. Our expert staff works with companies of all sizes to develop customized corporate philanthropy programs designed to achieve impact.
Your company will receive the following benefits and services:
- Knowledgeable staff with in-depth grantmaking and corporate giving expertise.
- Highly personalized service tailored to your company's charitable and financial interests.
- Assistance with grantmaking. When you outsource your grantmaking to our expert staff, we help develop grant criteria and guidelines and an employee contributions committee to review proposals.
- Training for your employee giving committee on how to read and evaluate grant proposals.
- An easy and secure online portal so you can recommend grants 24/7.
- Grants administration and processing. We issue checks to your chosen charities.
- Custom reports for your grantmaking activity.
- An array of investment options that are carefully selected and managed as part of our $4.7 billion portfolio.
- Ability to have employees add to your fund during times of disaster.
- Invitations to exclusive community foundation events with other donors and local nonprofit grantees.
Advantages of a corporate advised fund include:
- Easily suggest grants outside the United States. We are experts in international giving.
- Ability to outsource all or part of your corporate philanthropy program.
- No legal liability. The community foundation remains in full compliance with state and federal regulations as they relate to grants and contributions.
- Name your corporate advised fund and issue grants in the company's name or anonymously.
- Maximum allowable tax advantages for donations.
- Ability to donate a wide range of irrevocable charitable donations including cash, appreciated stock, pre-IPO stock, real estate and other assets.
- No federal excise tax on the investment income, like with a private foundation.
- No minimum annual payout requirement, unlike a private foundation.
- No separate tax return, unlike a private foundation.
|The Power of Corporate Philanthropy|
Read about " The Power of Corporate Philanthropy" to enrich company culture and benefit the community through the words of NetApp CEO Dan Warmenhoven.