The Minneapolis Foundation meets the needs of private foundations through a full spectrum of services and relationship models. Everything we offer simplifies and streamlines charitable giving. Your options depend on the level of management and control you’re looking for. Whatever direction you choose, our expertise in charitable tax law takes the worry out of giving and offers a clear understanding of regulatory compliance.
Professional investment management
The Minneapolis Foundation Investment Partnership lets foundations and nonprofit organizations retain control and ownership of their assets while entrusting the investment management services to The Minneapolis Foundation.
Joining The Minneapolis Foundation Investment Partnership is much like investing in a mutual fund. The assets of your organization will be managed as part of a large, diversified portfolio totaling more than $400 million.
Pooling assets with other charitable dollars provides efficiencies of scale, access to a different class of portfolio managers and can help reduce transaction fees. In addition, you gain the experienced oversight and fiduciary management of the Board of Trustees of The Minneapolis Foundation.
Private foundation conversions
Some families and individuals choose to convert private foundations into charitable funds. Simplicity, privacy and customized services are their primary goals.
Two options are available:
For smaller foundations, Donor Advised Funds provide the greatest flexibility and maximum tax benefits without the bother of administrative details. Donor advised funds let you support the organizations you care about – anytime, anywhere.
For foundations over $1 million, Signature Funds combine the name recognition of a private foundation with the privacy, flexibility and tax advantages of a Donor Advised Fund. Matters of succession can be addressed in the founding documents.
There's no risk or obligation involved in exploring a private foundation conversion, and we invite you to compare the benefits of Signature Funds and private foundations.
Co-investment: GREATER POSSIBILITIES TOGETHER
When your charitable goals align with strategic priorities of The Minneapolis Foundation, we can collaborate in grantmaking and leadership initiatives. Together we can have an even greater impact in the areas of need and opportunities that are important to us both.
For complete details, contact:
Dan Berg, Senior Asset Development Officer • 612-672-3828, dberg@mplsfoundation.org.