Many donors elect to make a substantial charitable contribution through their estate plan, when assets they protected for use during life become available to leaving a lasting legacy in the community. We offer strategies to help you and your professional advisors plan today for a gift tomorrow. If you are interested in making a gift that will be funded in the future, through an estate gift or other future contribution, our Senior Director of Gift Planning, Megan Wilson, is available to work with you and your advisors to plan your charitable legacy around the causes and issues you care about.
Create a Customized Future Fund
A future gift may take many shapes, and is memorialized in a Future Fund Agreement. A Future Fund Agreement is entirely revocable until it has been funded, and may be customized to carry-out any number of charitable intentions. By creating a custom Future Fund, you can work with our staff and your advisors to create a strategy tailored to your charitable interests, time-horizon for community investment and giving philosophy.
We offer several different Future Fund types, including but not limited to donor advised funds where you, or a successor named by you, serves as the advisor to the fund. Click here for a brief summary of each fund type, then contact us to learn more about how we can help you realize your charitable legacy.
Give Forever – the Power of Endowment
Endowed gifts become a part of the Community Foundation’s permanent endowment, meaning the Community Foundation works to ensure that they will accomplish you charitable goals and benefit our community forever. Your gift is preserved in perpetuity, with the funds pooled for maximum benefit and invested to achieve long-term capital growth.
A Champion for Your Goals
The Community Foundation is, and always will be, a champion for your charitable goals, and the steward of your charitable intention. As we build an understanding of the causes and issues you care about, our donor services team can work with you to identify unique opportunities aligned with your charitable goals. Should you elect to extend the influence of your charitable gifts beyond your lifetime, the Community Foundation will steadfastly steward your charitable intention far into the future. Preserving each and every donor’s charitable intent is essential to our mission, regardless of the size of the gift you entrust to us.
Collaborate for Greater Community Impact
Consider the power of collective giving to leverage your charitable resources for maximum impact.
Community Impact Fund:
Fundamental to the Community Impact Fund is our core belief that our community is better, woven together.
By contributing directly to the endowed Community Impact Fund, you can pool charitable resources with other donors to fund strategic grantmaking and special initiatives targeted to meet the Greater Birmingham community’s most pressing needs, now and in the future.
The Community Impact Fund is a permanent fund that provides grant funding to nonprofits throughout our five-county region, empowering the people and organizations that best understand how to serve their communities with the resources they need. Grants are deployed through the [FRAMEWORK NAME** (link to programs section with focus area descriptions), which was developed in 2019 after conversations with hundreds of residents across the region*
The Community Foundation administers funds that have been established over time by passionate donors to target specific issues essential to the fabric of our community. By contributing directly to a targeted fund, you can join a community of philanthropists focused on the causes or issues you care about.
Community Builders Legacy Society
If you are planning today to make a gift tomorrow, you will be given special recognition as a member of our Community Builders Legacy Society. When you or your advisor informs us about a planned estate gift, you join our Community Builders – a group that honors those forward-thinking individuals that are committed to the future wellbeing of our community. As a member, you will be invited to events on issues in our community, have access to Foundation staff members as a resource for current and future charitable giving and be acknowledged as a special partner in philanthropy. If you prefer for your future gift to remain anonymous, we will of course respect your wishes.
We respect that many donors wish to keep their estate planning gifts anonymous. If anonymity is important to you, please consider sharing your charitable intention for funds that may be left to the Community Foundation in the future with us confidentially. This is an important step to make sure that our structure and applicable regulations permit us to carry out your precise intention as stated, and that we understand your directions. Our goal is to make sure that estate planning gifts are administered smoothly, and this step helps us meet that goal.