One of the many benefits of the Foundation is that it can streamline the giving process by allowing individuals or companies to establish funds that can benefit several charities . Donors can make a gift , receive a single tax receipt , and make grant distributions over time to one or many charities . The Foundation is entirely “ donor-centric ” in that it honors the intentions and directives of each donor .
The Foundation exists as a trusted resource to help attract , advise , safeguard , and grow the philanthropic investments throughout San Diego and Imperial Counties . The Foundation has the expertise to receive and process a variety of complex gift types and complicated financial gifts , such as real estate , appreciated securities , life insurance and annuities . As a Community Foundation , the organization also offers Donor Advised Funds giving the donor an opportunity to designate their charitable giving to nonprofit organizations that are meaningful to them or their loved ones .
Donor Advised Funds are established by donors who have a range of charitable interests and who wish to participate in the future grant-making process for the fund . The donor may recommend religious , educational or other eligible 501 ( c )( 3 ) nonprofit organizations for grants , provided the organization meets certain requirements .
Donors have immediate access to any funds they establish through an online web-based portal and can monitor the growth of the fund that they have chosen to establish for their
chosen cause or organization . By supporting the Catholic Community Foundation of San Diego , donors can simplify their charitable giving and Catholic philanthropy . The service the Foundation provides gives peace of mind by creating long-term relationships and partnerships with donors and their beneficiaries by maintaining the highest levels of integrity , transparency and communication .
To learn more about additional Foundation services which include permanent endowment building , designated beneficiary funds , estate and legacy planning and more please visit www . ccfsd . org .
FEBRUARY 2022 | GBSAN . COM 11