A donor-advised fund can be established quickly and easily. While the community foundation will charge a small annual fee for administering your fund, research indicates that, depending on asset size, it is normally less expensive than the annual operating expenses of a private foundation. You may also choose to support one of the other public foundations in your area. Its geographic focus may be local, statewide, national, or international. Examples include the Boston Women's Fund, the Florida Education Fund, The Foundation for the Jewish Community, and the Children Affected by AIDS Foundation.
Public foundations offer the same giving opportunities and tax advantages as community foundations.
Contact SECF for more information. Develop a corporate giving program or a corporate foundation if you are the owner of a family business or an officer of a corporation. There are at least two vehicles for charitable giving by the company for you to consider. Many corporations have an annual giving program to make grants, funded as part of each year's operating budget for the company. This kind of program has no independent endowment, and corporate staff, directed by the CEO or an advisory committee of management staff members, administers its budget.