Sometimes, creating a private or family foundation makes sense.  However, the complexities and time needed to run a foundation might be more than expected.  In these current economic conditions, private and family foundations can be a challenge to manage.  We want to help you to continue supporting the causes that you care about, while making it easier for you to handle your resources.

For private foundations, the Community Foundation can be a solid and respectable source of grant making knowledge—helping donors create and monitor programs tailored to meet their charitable interests.  We can also be an economical source of administrative support and work with you to meet your specific needs, while enhancing your foundation’s impact in the community.  By tapping into our philanthropic services, individuals can identify important community needs and achieve the impact they envision.

Partnering with the Lancaster County Community Foundation can greatly reduce overhead costs to you, leaving more funds available for your charitable purpose.  For example, with a fund at the Community Foundation, you do not have to pay out 5% of your asset value annually, and have the option to accumulate your fund's income toward a sizeable grant or project.

Please use the links below to learn more about how the Community Foundation can help you meet your charitable goals.  For more information, please contact Kim Shorter, Vice President of Asset Development by e-mail or by phone at 397-1629.

Article about Donor Advised Funds and Private Foundations

Comparison between Community Foundations and Private Foundations

Donor Advised Funds Overview

Fund Options
 
Families Shift Assets to Donor Advised Funds