Gainesville Community Foundation - Gainesville, Florida. Photos by Lunchbox Design - www.lunchbox-online.comm

When to Consider the Gainesville Community Foundation for your Client

The Gainesville Community Foundation can be a helpful resource for you and your clients in a variety of situations. The Foundation can serve any legitimate charitable objective for any kind of donor.

The following are examples of situations where the Community Foundation can help:

  • When your client is selling an appreciated asset such as stock or real estate and desires to avoid paying a capital gains tax on the appreciation and benefit a charity or charities
  • When your client is considering establishing a private family foundation to create a lasting legacy and fulfill philanthropic visions but is concerned about the cost and administrative complexity
  • When your client is an individual or couple with no children, with independent children or with a desire to pass only a portion of their estate to their children
  • When your client has a particularly profitable year and desires to fund future charitable giving with a current income tax deduction
  • When your client is selling a closely held business or is in the process of developing a business succession plan
  • When your client wants to establish a scholarship fund
  • When your client is considering a permanent memorial in honor of someone special
  • When your client is creating a Charitable Remainder Trust or Charitable Lead Trust, and has not finalized the nonprofit beneficiary
  • When your client has an existing relationship with a particular nonprofit organization, church or charitable cause and may be interested in creating a charitable fund to support that organization or cause
  • At year end, when your client's existing private foundation must meet their annual payout requirements

Listening for charitable opportunities:

  • Year end tax planning
  • Sale of a business
  • Birth of a child or grandchild
  • Sale of real estate
  • Retirement
  • Preserving an estate
  • Honoring a loved one

Events

Women's Giving Circle Summer Social - July 22nd at 7pm - More Info Here

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Notice

The Gainesville Community Foundations 990 Form, as well as current and past audit statements are available upon request.

The Foundation will make the Form 990-T available for any years in which it files the form.

The Gainesville Community Foundations Investment Policy is available upon request