How We Support Your Client Relationships
When your clients want to have a lasting impact on their community, we can help you execute their philanthropic intentions. The Community Foundation offers professional wealth advisors a broad-based knowledge of community needs, along with a deep well of experience in charitable giving.
Professional advisors recommend the Community Foundation to their clients for many reasons. Donors receive a full tax deduction for their gifts, which are then invested in a tax-free environment until used for a charitable purpose. The grouping of assets under the administrative umbrella of a community foundation creates significant investment management economies of scale. Moreover, there are no taxes due and no minimum pay-out requirements. All funds within the Community Foundation are covered under a single 990 form and a single audit. Our assets are professionally managed and overseen by a committee of business, civic, and investment professionals.
For some donors, maintaining the trusted relationship they already have with their money managers is of the utmost importance. The Foundation works to enhance these existing bonds. When your clients open charitable funds with CFA, they have the option of continuing to use you as a personal investment advisor. Our managers work within the parameters of our investment policy, comprised of five available asset allocation models and specified benchmarks, all of which are subject to review on a quarterly basis by the Foundation’s Investment Committee and its outsourced Chief Investment Officer, Cornerstone Advisors Asset Management, LLC.
Contact Katrina Perkosky at firstname.lastname@example.org or 814-208-8411 for more information about joining our Philanthropic Leadership Advisory Network (PLAN) and how we can help you help your clients.