Favored Tax Status:    For any new assets contributed to the Fund (beyond the initial funding) donors receive tax deductions significantly higher than under the previous private foundation status.  For example, 50% of AGI vs. 30% of AGI for cash donations, full market value for real estate contributions vs. cost basis, among others.  

Professional Investment Mgmt:   Fund holders gain professional investment management of their assets.  The Greater Tacoma Community Foundation utilizes an investment consultant to recommend asset allocation and for selection of style specific investment managers.  This process is rigorously overseen by an Investment Committee, comprised of experienced local investment professionals. Additionally, due to the Community Foundation’s economy of scale, investment related fees are much lower than similarly structured private portfolios.  

Selective Anonymity:  While most individuals and families are comfortable with recognition for their generosity, some may desire to occasionally give anonymously.  While every donation made by a private foundation is a matter of public record, Fund advisors can either choose to be recognized, or give anonymously, on an individual grant-by-grant basis.  

Promotion & Funding:  The visibility and stature of individual Funds at The Greater Tacoma Community Foundation can be increased through various forms of marketing, promotion, and even fundraising.  This could take the form of a dedicated website, brochures, newsletter articles, posters, informational seminars, donation requests through letters to friends and associates, or even events such as golf tournaments, auctions, or dinners.  

Grant Making Support:   The Greater Tacoma Community Foundation researches local charitable organizations, including site visits, not only to ensure compliance with IRS granting requirements, but to evaluate which charitable entities are efficiently accomplishing their program objectives and organizational missions.