ADVISE

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.

Donor-Advised Fun Private Foundation
Cash gifts, deduct 50% AGI 30% AGI
30% AGI on long-term appreciated securities 20% AGI on long-term appreciated securities
Quick and easy to establish; no start up cost Several months to establish; legal fees
All administrative fees underwritten High administrative fees
Staff support and grant-making advice No staff support or advisors support unless hired
Philanthropic advisors 1-2% excise tax; required gifts of 5% each year
Share by: