Fund Options

The Community Foundation of South Alabama partners with professional advisors to provide individuals, families and businesses with a personalized approach to charitable giving.

We offer an assortment of charitable funds that are designed to fit your client’s level of involvement so they can accomplish their philanthropic goals. The Foundation accepts a wide variety of gifts including appreciated stock and real estate which can be used to open a fund.

The Community Foundation can help your client establish a charitable legacy by including the Foundation in their estate plan. A variety of options are available that will allow them to give during their lifetime, after death or receive a life-income for themselves and others.

- Charitable Gift Annuities
- Corporate Funds
- Donor Advised Fund
- Donor Restricted Fund
- Field of Interest Fund
- Scholarship Fund
- Estate Planning

Tax Advantages of Giving
The Community Foundation of South Alabama is a public charity as classified under Section 501 (c)(3) of the Internal Revenue Service code. Therefore, any asset invested with the Foundation immediately receives the maximum tax benefits. Contributions to funds at the Foundation are tax deductible in the year they are made and charitable gifts can then be distributed over time.

Professional Fund Management
Charitable funds are professionally managed and invested with the total assets of the Foundation which results in greater investment diversification.

Administrative Support
Our goal is to make charitable giving easy. We handle all the fund maintenance, investment management, fund distributions, tax reporting and records. Our donors receive confirmations of every gift made from their fund and a quarterly fund report.

Types of Assets Accepted
Cash
Publicly Traded Securities
Bonds
Mutual Fund Shares
Private Securities
Real Property
Tangible Personal Property
Life Insurance Policies
Retirement Assets (IRAs, retirement plans)
Trust Assets
Estate Assets

For more information about integrating your client’s charitable giving with financial planning contact The Community Foundation of South Alabama at 251-438-5591 or email  info@communityendowment.com.