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Showing: 1 - 10 of 78 results

FAQ: Agency Endowment Funds

https://cof.org/content/faq-agency-endowment-funds
What is an agency endowment?  What types of organization can establish an agency endowment at a community foundation? When a public charity establishes an agency endowment at a community foundation, which organization owns the contributed funds? Since the agency is releasing legal…

Rules Governing Non-Component Funds

https://cof.org/content/rules-governing-non-component-funds
Historical background of non-component and donor-directed funds.

Accounting for Agency Endowment Funds Held at Community Foundations

https://cof.org/content/accounting-agency-endowment-funds-held-community-foundations
Introduction Nonprofits place their endowment funds with community foundations for a variety of reasons, including investment expertise, efficiencies, and access to planned giving advice and services. As nonprofit organizations seek to place their assets and partner with the foundation,…

Administrative Fees

https://cof.org/content/administrative-fees
Community foundations have one thing in common: When it comes to administrative fee structures, no two are alike. While there's no one right answer, it's important to review and compare your foundation’s fee structure to other foundations of comparable size. Many community foundations are doing…

How to Avoid Commingling

https://cof.org/content/how-avoid-commingling
Question The same company representatives serve on our company foundation board of directors and our Corporate Contributions Committee. Can we hold the meetings for both programs simultaneously? Answer No. While it is possible to hold the meetings for the corporate giving program and…

Sharing Office Space

https://cof.org/content/sharing-office-space
Question: Can a company provide office space to the company foundation? Answer: A parent company can always provide the company foundation with office space as long as it does so free of charge. While it is even possible for the parent company and the foundation to share the cost of office…

Membership Dues and Self-Dealing

https://cof.org/content/membership-dues-and-self-dealing
Question: Why do Council on Foundations membership materials and invoices state that if my foundation and corporate giving program share a membership, dues must be paid by the corporation? Is this true for other memberships as well? Answer: IRS self-dealing rules prohibit private foundations (…

How to Avoid Self-Dealing for Family Foundations

https://cof.org/content/how-avoid-self-dealing-family-foundations
Slide presentation reviewing the basics of avoiding self-dealing as a family foundation.

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