Supporting Organization FundHigh impact, high involvement, low hassle.
Private Foundation Alternative
Establishing a supporting organization at Placer Community Foundation is an excellent alternative to a private foundation, with only a fraction of the administrative responsibilities. You maintain personal involvement and support the causes you care about most while enjoying the favorable tax treatment of a public charity. We take care of investment management, startup costs, grant administration, and reporting.
Though connected to the Foundation, the supporting organization you establish is a separate charitable entity that bears your name, the name of your family or business, or honors any person or organization you choose. You and future generations may even appoint successor board members to help direct the supporting organization you establish and define its purpose and mission.Working through the Foundation, you have the choice of receiving recognition or remaining anonymous in your giving.
Are you looking for a cost-effective alternative to a private foundation? You and/or your financial advisor should contact us to begin a conversation.