Often one of the most confusing issues facing individuals and companies of all sizes is determining the appropriate vehicle for their philanthropic activities. Listed below are a sample of different giving options we can explore with you based on your needs and charitable interests:
- Creating your own named charitable fund at a Community Foundation (www.nevadacf.org or www.hendersoncf.org)
- Making direct gifts to your favorite charities
- Establishing your own family or private foundation
- Establishing a corporate giving program
- Establishing a corporate foundation
- Giving through your local United Way (www.uwaysn.org)
- Establishing a commercial or charitable gift fund at a financial institution
- Contributing to a collaborative fund (where many individuals or foundations have pooled their resources for a specific issue area)
- Joining or creating a giving circle (where many people pool their funds to make contributions together)
- Establishing a Supporting Organization
While monetary donations are helpful, in-kind contributions and gifts of time and expertise are also important components of any giving program. It is always important to consult your legal and financial advisors before finalizing the vehicle that most appeals to you.
Professionals in Philanthropy, LLC serves as your philanthropic advisor and will work with clients' financial/tax, legal, and investment advisors, depending on client preference.
