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.
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