Private Foundation Resources

The Community Foundation can work with a private foundation to alleviate administrative burdens, fully leverage tax benefits, engage family members and help achieve grant making priorities.

 

Alleviating Administrative Burdens

Individuals or groups managing an existing private foundation may find it no longer suitable or convenient to do so. Common issues such as having no family members or friend volunteers available to run the foundation, cumbersome administrative burdens or the size of the private foundation is too small to justify the operational costs to name a few. 

Fulfilling Annual Distribution Requirements

Private foundations may not receive sufficient applications within its focus area, or a chosen project might not be ready to proceed. In these situations, a donor advised fund can be established at the Community Foundation; a private foundation can then contribute all or part of the current year's required distribution to the fund which, if preferred, can be anonymous.

Community Foundation of North Florida

3600 Maclay Blvd., South, Suite 200

Tallahassee, FL  32312

(850) 222-2899

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A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE (800) 435-7352 WITHIN THE STATE OR VIA THE INTERNET AT WWW.800HELPFLA.COM. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION. REGISTRATION #CH10676