Professional Advisors
Your expertise as a professional advisor gives your clients confidence about their financial future. Coastal Community Foundation can provide reliable and technical charitable information on planned giving options to help you help your clients engage in rewarding philanthropy. We deliver grantmaking expertise, leverage client's charitable dollars and facilitate complex forms of giving according to your client's philanthropic motivations.Photo: Wilbur E. Johnson, former Board member and Partner of Young, Clement, Rivers LLP.
Fund TypesMost funds at Coastal Community Foundation are endowed, providing a permanent source of funding for the community. Each year, 4% of the average fund balance of these endowed funds is available for grantmaking, with the remaining principal serving as a renewable source of charitable giving forever. UNRESTRICTED FUNDS: Committees comprised of community-minded leaders review the candidates, conduct site visits, and make funding recommendations. FIELD-OF-INTEREST FUNDS: Donors determine the specific area of charitable concern and grants are made from the fund accordingly, at the discretion of the Foundation Board. DONOR-ADVISED FUNDS: Flexible tool for charitable giving allowing donors to be actively involved in grantmaking, with as little or as much help as desired. SCHOLARSHIPS: Typically award grants for tuition, room & board to deserving students, based on criteria defined by the establishing donor. DESIGNATED FUNDS: Provide a source of permanent funding to benefit one or more charitable organizations designated by donors . ORGANIZATION ENDOWMENTS: Established by an organization to provide a source of permanent fiscal support for the on-going operational needs of that organization. |
© 2010 Coastal Community Foundation • 90 Mary Street, Charleston, SC 29403 • (843) 723-3635 • fax (843) 577-3671 | Privacy Policy | Email Register | Board Login