Community Foundation Agency Funds are offered exclusively to nonprofit organizations as an easy, efficient method for managing your organization’s investments and providing a stable, perennial income stream to support your operations. By having our experienced staff handle investment management and administrative details, your staff and board can concentrate on fulfilling your organization’s mission. We offer trusted, local expertise and personalized service to help your organization benefit from the following features:
Professional Investment Management
Agency Funds benefit from independent, professional investment advisors, consistent investment policy execution and economies of scale from pooled assets, providing the potential for improved returns on investment. Broader access to alternative investments can also reduce volatility in returns through greater portfolio diversification. For more information see Investment Management.
Non-Cash Gift Acceptance and Planned Giving
We can accept gifts of appreciated stock, real estate, privately-held stock and other non-cash assets for your fund that you may not wish to accept on your own. In addition, our experienced staff can facilitate and manage more complex planned gifts, such as charitable trusts and gift annuities, to benefit your fund. For more information see Gifting Options.
Convenient, Flexible Fund Administration
By providing all administrative services for your fund, we simplify your asset management, tax reporting and record keeping. Depending on your needs, we can structure your fund as a permanent endowment, a “rainy day” fund with the ability to access principal, or even as an “off balance sheet” asset for your organization. As a community-based charity, our administrative fees broadly support Teton Valley through our programs and competitive grants, rather than simply increasing corporate profits. For more information see Fund Types.
As a steward of community assets, we exercise prudent fiduciary oversight and give you the peace of mind that your organization’s funds are being professionally managed, consistent with your organizational goals and liquidity needs. We make a full accounting of our activities through regular independent financial audits and other public documents, which are available upon request.
Maximum, Immediate Tax Deductions
Because the Community Foundation is a public charity, all donations to your fund qualify for the maximum available deduction for charitable contributions in the year the gift is made.