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Types of Grantmakers
How People Give
Charitable giving can take many different forms, including:
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A direct
gift to an established nonprofit charity |
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Creation
of a private foundation |
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Establishment
a company giving program or corporate foundation |
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Creation
of a donor-advised fund at a community foundation or
other financial institution |
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A planned
gift that benefits a designated charitable organization
through a bequest. |
Types of Grantmakers/Giving Options
Regardless of the size or type of the gift (such as cash,
appreciated stock, artwork or real estate), there are a
variety of vehicles through which philanthropic resources
can be directed, some of which are described below. When
considering any of these options, we strongly recommend
that you secure qualified financial, tax and legal advice
specific to your situation.
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Community
Foundations
Foundations that build their endowments through contributions
from many donors and distribute funds within a given
geographic region typically focusing on local needs
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Corporate
Foundations
Private foundations that are established by for-profit
corporations but are legally separate from the parent
corporation
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Company
Giving Programs
Programs within a company that make charitable contributions
from the company's pre-tax income
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Donor-Advised
Funds
Funds administered by a community foundation or other
financial service institution that allow donors to make
recommendations regarding how income from their fund
is distributed.
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Family
Foundations
Private foundations where the original donor or the
donor's family play a significant role in governance
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Giving
Circles
A group of individual donors who pool their resources
around a specific cause or interest area
>> click here
to learn more about giving circles
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Independent
Foundations
Private foundations that are usually endowed by one
source, such as an individual's bequest or the conversion
of a nonprofit to a for-profit organization
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Operating
Foundations
Private foundations that use most of their income to
provide charitable services or programs of their own,
rather than making grants to outside organizations
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Planned
Giving
A deferred gift usually made through a will or bequest
that directs funds to an established philanthropy or
charity
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Public
Foundations
Public charities that operate significant grantmaking
programs in addition to their other charitable activities
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Individual
Donors
Individuals who make direct and significant charitable
contributions with no formal administrative structure.
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