Investment Management

For investment advisors, financial planners, brokers and trust officers with clients who have philanthropic intentions, a client’s gift to charity may mean that the advisor loses control of those assets. Southeastern Illinois Community Foundation has established a program which allows a local option for any advisor to become an investment manager of the Community Foundation and maintain custody of their client’s assets. Because most community foundations use only one or just a few advisors to custody and manage assets given for charitable purposes, advisors are often reluctant to refer their clients to a foundation. The philanthropic experience at the Community Foundation, combined with the experience of local advisors, is a winning combination for the donor and the community.

How Does the Program Work?

  1. The donor creates a new account with their advisor in the name of the Community Foundation.
  2. Advisor holds the donor’s assets in custody and manages the assets on behalf of the Community Foundation.
  3. Mason coordinates with the advisor on specific asset classes they will hold.
  4. Mason downloads daily activity from each local advisor.
  5. The Community Foundation tracks fund value, annual giving and provides reports to the donor.


Benefits of Partnering with the Community Foundation

There is a need for those who have wealth to be involved and engaged in their communities and to invest their resources in ways that make a difference. That difference can be made when advisors see philanthropy as a primary element of the guidance they provide to clients.

 Advisor

  • Add an extra level of top quality service for your clients by linking them to effective charitable options
  • Remain in control of your client relationships
  • Have the potential to be awarded with additional assets from the Community Foundation

Donor

  • Maintain relationship with trusted advisor
  • Obtain maximum federal and state tax benefits and easily match personal charitable interests with tax planning needs
  • Gift a variety of assets, from cash and appreciated stocks to real estate and more complicated assets
  • Gain access to the Community Foundation’s deep knowledge of critical issues affecting our 12-county region
  • Choose from a variety of ways to give now or later as part of their estate plans

As a neutral expert in philanthropy, the Community Foundation is the charitable arm of your professional team, supporting you and your clients through every step of the giving process, while you retain complete control of your client relationships.

How Do I Become a Third Party Manager? 

  1. Review our Investment Policy Statement 
  2. Your client must establish a fund with Southeastern Illinois Community Foundation
  3. Advisor holds the donor's assets given to the Community Foundation in custody and manages the assets on behalf of the Community Foundation
  4. Mason Investment Advisory Services coordinates with the advisor on specific asset classes they will hold
  5. Mason downloads daily activity from each local advisor
  6. The Community Foundation tracks fund value, annual giving and provides reports to donors. 

Partnership with Mason Investment Advisory Services

Southeastern Illinois Community Foundation recently engaged Mason Investment Advisory Services, Inc. of Reston, Virginia, to assist with the Donor and Advisor Partner Program. Mason is a Registered Investment Advisor with more than $4.5 billion in assets under management and specializes in managing the assets of community foundations. Many of Mason’s community foundation clients maintain relationships with multiple investment advisors.

In partnership with Mason, the Community Foundation is inviting donors to include their local investment advisors in discovering the power and potential of achieving their philanthropic dreams. The Community Foundation manages the giving of each donor while Mason invests the pooled assets of multiple donors across multiple investment advisors.