Reasons to Give Through the New Bremen Foundation
Flexibility – Whether donors’ charitable interests are broad or narrow, donors can accomplish virtually any charitable purpose through a fund with the Foundation.
Permanence – Gifts of endowment benefit the community forever.
Donor Services – The Foundation is able to assist donors with their charitable interests, providing information about community needs and connecting them with local non-profits.
Simplicity – Donors decided what, when and how to give, and for what purpose. The Foundation takes care of the ongoing administrative and reporting details.
Local Benefit – Grants focus on needs close to home, in our local community.
Relevance – If a fund’s purpose becomes obsolete, the Foundation’s Board can redirect the Fund to address similar needs in the community. Donor intent is our highest priority.
Tax Advantages – A community foundation offers the the maximum tax benefits for charitable giving.
Cost Effective – The Foundation currently underwrites our fund fees, so 100% of donated dollars go to community impact.
Recognition – Donors can choose the level of recognition they wish. Some donors enjoy having a named fund within the Foundation. Other donors prefer to remain completely anonymous.
A Community Foundation vs. Private Foundation
There are many differences between public and private foundations. Some of the most important are reporting requirements and tax benefits to donors.