Simple, Tax-Advantageous Charitable Giving
Are you ready to make a difference in our community while maximizing your tax savings? A donor advised fund is a simple, flexible, tax-advantageous tool for granting to your favorite nonprofit organizations and causes. By partnering with Greater Cincinnati Foundation (GCF), the leading community foundation in the region, as your philanthropic advisor, you can take the first step in creating your charitable legacy.
With a donor advised fund, you can:
- Suggest grant recipients to support your favorite nonprofits locally or anywhere in the world.
- Determine a giving schedule and, if preferred, choose anonymity.
- Add to your fund’s balance at any time. Once a gift goes into a fund, you benefit from a possible tax deduction at fair market value. Assets are invested and grow tax-free over time.
- Make a gift of stock, real estate or partnership interests in addition to cash.
- Fund alongside GCF and/or other like-minded GCF fundholders to maximize impact.
- Create a legacy through family philanthropy.
When you work with GCF to establish a donor advised fund, you can expect:
- Personalized service built on respect, experience and trust.
- Deep knowledge of critical community needs and effective nonprofits addressing these needs.
- Amplified outcomes through collective giving and trusted community partnerships.
- Access to behind-the-scenes experiences to learn about community initiatives, connect with trusted nonprofits, and network with other generous people.
As your community foundation, GCF brings together people who care about a diverse range of causes yet have a shared goal: to create a stronger, more vibrant community now and in the future in the tri-state region. Whether it’s funding the creation of affordable housing, generating new job opportunities, expanding access to quality education, healthcare, or the arts – wherever your passions lie – there’s a place for you here at GCF.
Maximize your tax savings and make a difference in your home region by opening a donor advised fund today. Learn more at GCF’s website or reach out to Colleen McCarthy Blair, EMPA, CAP® vice president, philanthropy at 513-768-6134 or colleen.blair@gcfdn.org.