As a professional advisor, you expect your clients to depend on you to help them reach their charitable giving goals. The Fremont Area Community Foundation stands ready to lend a helping hand, and strengthen your relationship with your clients along the way.
For over four decades, the Fremont Area Community Foundation has helped countless local philanthropists and their advisors connect with meaningful causes and make a real charitable impact.
As the Fremont area’s philanthropic hub, our knowledge of the evolving community needs, as well as the work of nonprofit organizations in our area makes us uniquely qualified to help you help your clients achieve their charitable dreams. We can help to identify nonprofits or causes that are important to your clients, seek options for creating endowed funds today, or determine future gifts through their estate plans.
For a printable brochure on helping your clients achieve their charitable goals, click here.
Advantages of a Community Foundation vs. a Private Foundation
Donor-advised funds within a community foundation may provide a very attractive alternative for clients who might otherwise consider setting up a private foundation. Benefits may include:
- Ease of administration; no set-up costs
- Permanence - the fund may be donor-advised by client and their children, and set up to continue at the end of the donor-advising period
- Recognition - or anonymity, whichever the client desires
- Tax advantages - contributions may have higher deductibility limits than are allowable for private foundations.
Contact Melissa Diers at mdiers@facfoundation.org or 402-721-4252 for more information.
Sample Language for Bequests
If your client wishes to include the Fremont Area Community Foundation in his or her estate plans, he or she will want to use our proper, legal name. Suggested language is:
“I hereby give, devise, and bequeath (dollar amount, percentage of estate, or residuary) to the Fremont Area Community Foundation, Inc., now or formerly in the city of Fremont, Nebraska, 1005 East 23rd Street, Suite 2, in the State of Nebraska, for its general purposes.”
The Internal Revenue Service recognizes the Fremont Area Community Foundation as a 501(c)(3) nonprofit organization.
Information for a Gift of Retirement or Life Insurance Benefits
The following is the information generally required for a client to name the Fremont Area Community Foundation as a beneficiary of a retirement plan or life insurance policy:
Legal Name: Fremont Area Community Foundation, Inc.
Address: 1005 East 23rd Street, Suite 2, Fremont, NE 68025
Federal Tax ID #: 47-0629642
Date Established: November 24, 1980
NEWS ARTICLES
For many business owners, a succession event may be the largest liquidity event of a lifetime. We’re sharing four questions you can ask your clients to help bring charitable planning into the conversation early. Plus, we offer a word of caution to help you avoid a common and potentially treacherous pitfall in business succession planning.
Effective charitable planning requires more than just technical knowledge. The community foundation is always happy to be a source for important market context for your work with clients. In particular, recent commentary from industry sources sheds light on the growing nonprofit sector, evolving charitable giving rules, and why philanthropy is increasingly connected to broader financial and estate planning conversations.
Recent headlines about IPOs and other liquidity events are a reminder that sudden wealth creation can open the door to meaningful charitable planning. The community foundation is happy to share three scenarios where attorneys, CPAs, and financial advisors can help clients structure gifts to support their favorite causes while strategically addressing timing, taxes, and long-term community impact.
The community foundation team keeps an eye out for articles that may be interesting to attorneys, CPAs, and financial advisors who work with charitable clients. Check out our recommendations that are worth at least a quick skim to help you stay current on trends and developments.
The momentum around Qualified Charitable Distributions (“QCDs”) keeps rolling forward! What’s more, proposed legislation could make QCDs available through additional retirement accounts, creating even more opportunities for clients to support the causes they care about while advancing tax and retirement planning objectives.
Many attorneys, CPAs, and financial advisors are diving deeper into understanding split-interest gifts. These include charitable gift annuities and charitable remainder trusts, which can help advisors find ways for clients to balance their financial and income planning with charitable goals. This means it is crucial for advisors to understand the differences between these vehicles, and the community foundation can point you in the right direction.
