| Private Foundations |
| Creating a private foundation can be an exhilarating experience for an individual or family. It is a public affirmation of their philanthropic spirit and a commitment to support worthy charitable activities. Philanthropy is important work, but it doesn't need to be hard work. Sometimes though, individuals create private foundations to facilitate their current giving, but later discover that the process of managing the foundation's affairs is not as easy or rewarding as it once seemed. In our continuing effort to encourage and advance philanthropy in the region, Crossroads provides numerous services to assist private foundations in carrying out their work effectively and cost-efficiently. Convert into a Fund Simplify administrative work by shifting a private foundation into a fund at Crossroads Community Foundation. 5% Payout Solution Send one check to meet the 5% payout requirement and then your clients may tell us what organizations they want to support with it, either immediately or later. Supporting Organization Receive the benefits and services of Crossroads while retaining autonomy through a separate Board of Directors that hold investment, operational and grantmaking responsibility. Program Staff Access the expertise of our program staff in helping your clients locate organizations in the region that fit their interests. Designated Funds A useful tool in setting up an endowment to support relatively small or unstable nonprofits. Contact Us for more information. |
