Corporate Advised Funds
 
Corporate Advised Funds with The Minneapolis Foundation are an effective vehicle for giving. They’re easy to establish and easy to maintain.
 
Whether giving decisions are made by the board, the CEO, the public relations or human resources department, or a committee of employees, a Corporate Advised Fund help you be more efficient in your giving.
 
How it works
  • Create a fund with as little as $10,000 minimum*.
  • We accept a wide variety of assets, including illiquid assets and closely-held stock.
  • You can take an immediate tax deduction, and take your time making grants. There is no annual minimum of grant recommendations and you can add to your fund at any time.
  • You name the fund and designate the individuals who are authorized to recommend grants – whether the CEO and board, the PR or HR department, or an employee committee.
  • You can designate grants to any qualifying charity in the U.S. and, in most cases, around the world.
  • You choose whether or not to give anonymously – on a grant-by-grant basis.
  • We invest the funds and provide regular reporting and real-time access on fund balances, investment returns, and gift and grant-making activity.
  • We invest the funds and handle all of the fund administration – from cutting the checks to providing real-time access to your fund balance and giving activity.
  • We perform due diligence on all recommended charities, ensuring financial solvency and proper public registration, so you don’t have to. 

*Funds of $1million or greater in size receive additional benefits as Signature Funds.

A Corporate Advised Fund allows you to focus on the rewards of giving, rather than the paperwork.
 
 
Contact Us

Learn how a Corporate Advised Fund can make your corporate giving more efficient, strategic, and rewarding.
 
Please contact Dan Berg, Senior Asset Development Officer, at (612) 672-3828 or dberg@mplsfoundation.org.
 
 
 
 
Insuring a charitable legacy
 
Austin Mutual considers its Corporate Advised Fund at The Minneapolis Foundation "a great success story."

"It has proved an effective way for Austin to be engaged in the communities in which we and our agents live and work," says Bruce Lonnes, committee chair of the Austin Mutual Foundation.
 
Austin Mutual Insurance Company, a firm widely known for its financial strength, was looking for ways to give back to the rural communities it serves.
 
Through a Corporate Advised Signature Fund with The Minneapolis Foundation, Austin Mutual employees are involved in the charitable giving process.

It's a win-win-win for the company, its employees, and communities throughout the country.
 
 
 
The Minneapolis Foundation is Confirmed in Compliance with National Standards for U.S. Community Foundations.

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