We make it easy and cost-effective for you to create a fund with the flexibility to address both immediate and emerging needs in the region. Just as you would do if you had your own private foundation, you may identify the community and/or activities you wish to benefit and grants will be made in your name or any name you choose. Whether you are an established philanthropist or new to charitable giving, we can help you endow a fund that meets your needs, your interests, and your goals for permanent charitable giving.

Creating a fund at the Foundation offers the following benefits:


§ "Give Where You Live" We provide a vehicle for you to keep your charitable giving assets here in our region.

§ Permanence. A gift given through us is given in perpetuity. As a permanent memorial in your name, or the name of someone you wish to honor, your fund enables you to carry out your charitable interests now and in the future. Your gift will never lose its power to fulfill your charitable goals and will always keep pace with changing times.

§ Charitable Impact. We can assist you in targeting your contributions where they will do the most good for the region. Grants from your fund may be combined with those from other funds for greater impact.

§ Professional Management. All assets are professionally managed according to the investment policies established by the Board of Directors. Your fund benefits from being pooled and invested together with our other assets.

§ Economics. Using us is an economical way to make your contributions work for you. For most funds, we charge only a modest annual administrative fee of 1.5% of the fund's fair market value. Extraordinary expenses for legal, consulting, or program services are charged against the appropriate fund.

§ Tax Advantages. When you create a fund with us, you receive an income tax or estate tax deduction. Because we are a public charity, all donations earn the maximum available deduction. Funds are also exempt from excise taxes and the many other restrictions placed on private foundations. This means that more resources are available to address regional needs.


 
Southern Tier West Development Foundation
4039 Route 219, Suite 200, Salamanca, NY 14779
716.945.5301 Fax 716.945.5550 Web www.stwdf.org