Corporate Advised Fund

Support Your Mission with Flexible Resources

Establishing a Corporate Advised Fund with the Community Foundation of Greater Birmingham is a smart, cost-effective way to give back. Our community benefits from your generosity while strengthening your:

Leadership

Meet evolving community needs in Birmingham and beyond.

Brand

Showcase your commitment as a trusted, caring community partner.

Culture

Engage your team in meaningful and impactful ways.

5 Reasons a Corporate Advised Fund is the Smart Choice

Corporate Advised Funds offer a range of key advantages compared to traditional corporate foundations.

More Accessible to Corporations of All Sizes

Companies can establish a Corporate Advised Fund for as little as $15,000, unlike corporate foundations that generally require substantial assets from the get-go. There are no limits for maximum fund size.

No Annual Payout Requirements

With no minimum required payout, companies can take their time, save for larger donations, or give strategically in response to pressing needs. This provides greater flexibility than corporate foundations that are required to distribute at least 5% of their assets annually.

Focused Grantmaking, Streamlined Administration

Companies can focus on philanthropy while we manage grant-tracking and recordkeeping, as well as complex administrative and compliance tasks that can be a burden with corporate foundations requirements.

Maximize Tax Advantages

By working through the Community Foundation, your charitable gift qualifies you for the maximum allowable tax advantage under federal law. Funds can be established with cash, appreciated stocks, or other assets.

Lower Annual Costs

A low administrative fee of 1% of the fund’s balance allows more funds to go directly to charity, compared to corporate foundations that may require more legal, accounting, and operational costs.

A Champion for Your Goals

Your business can tap into the Community Foundation’s deep understanding of philanthropy, nonprofits, and community needs. We connect you to high-impact causes that align with your corporate vision and values.

A few of the many local companies that leverage the philanthropic power of corporate advised funds include:

Brasfield & Gorrie

Graham & Company

Hoar Construction

Jemison Investment Co, Inc. 

Marx Brothers, Inc.

McKinney Capital

O’Neal Industries 

“We opened a Corporate Advised Fund with the Community Foundation for our company’s philanthropic giving. It’s easier and more cost-effective than creating our own foundation. Plus, when you partner with the Foundation, you get access to a knowledgeable, thoughtful, and professional team that knows how to amplify your giving for the most impact.”

Danny McKinney
McKinney Capital

Turn your company's philanthropic goals into community impact