Making the gift to a community foundation, in many cases, is the best method for achieving philanthropic goals while enjoying maximum tax advantages. Introduction Owning one's own company is a unique opportunity within the American dream.
Every step requires careful planning.
Many business owners also have a desire to give something back to the community in which they have built their company. Because our tax system accords special benefits to those who give, business owners also have a unique opportunity to achieve other financial, personal, or business goals through charitable giving. The Triangle Community Foundation, a vehicle for philanthropy and charitable planning, can assist you and your advisors in assessing your options and maximizing both the personal and community benefits of giving. Through the Foundation, you can create a personal philanthropic fund for virtually any charitable purpose of interest to you with maximum tax benefits. Because of this flexibility, the Foundation is uniquely positioned to help owners of private companies achieve their personal, business, and charitable objectives conveniently and efficiently.