CORPORATE GIVING

Establishing a corporate advised fund with Silicon Valley Community Foundation is a convenient, flexible way for public and private companies to give back to their local, national and international communities. Our expert staff works with corporate partners to develop tailored strategies to maximize impact and assist in the grantmaking process.

Typically, establishing a corporate advised fund is less costly and less time consuming than creating a private corporate foundation. In fact, companies with a corporate advised fund receive many of the benefits of a private foundation without the hassles, taxes and legal fees. Corporate advised funds also allow a company to fulfill multiple charitable interests and establish a charitable legacy.

Companies that work with Silicon Valley Community Foundation receive the following benefits and services:

• Broad staff expertise and highly personalized service tailored to your company’s charitable and financial interests
• Ability to accept a wide range of charitable donations including cash, appreciated stock, pre-IPO stock, real estate and other assets
• Assistance with the grantmaking process, including establishing an employee contributions committee to review grant proposals, setting up criteria for grants or providing grant guidelines
• Opportunities to multiply the impact of grant dollars by pooling them with other community foundation grants
• Maximum allowable tax advantages for donations
• No federal excise tax on the fund’s investment income
• No minimum annual payout requirement from the corporate advised fund
• No separate tax return
• No legal liability

Our business services staff is available to review a range of options and decide which strategy best fits your company. Contact us if you would like to learn more.