Southeastern Illinois Community Foundation
Advantages for Professional Advisors PDF Print E-mail

Professional advisors are in a unique position to help increase the philanthropic resources of the community by working with the Southeastern Illinois Community Foundation. Whether your clients are interested in tax advantages, building a family tradition of giving, or finding an effective alternative to a private foundation, we can help.

Through a variety of gift planning options, we can be a resource for you and your clients when developing bequests, Donor-Advised Funds and Charitable Remainder Trusts. SICF makes good financial sense for your clients. Some of our advantages include:

  • Substantial Tax Savings. Because our Community Foundation is a nonprofit, tax-exempt 501(c)(3) charitable organization, all gifts to it are tax deductible to the maximum extent allowed by law.
  • Low Administrative Costs. As a public charity, SICF is exempt from excise tax and is free of many of the administrative costs and restrictions placed on private foundations. Therefore, more of your clients' dollars can be used to address charitable needs in the community.
  • Professional Stewardship of Assets. Preserving and growing charitable dollars to meet the ever-changing needs of communities is our goal. Regular performance monitors, a diversified investment portfolio that minimizes market risk, internal and external audits, independent counsel, and utilizing the latest accounting software systems are just some of the ways SICF demonstrates the highest levels of professional financial stewardship.
  • Permanent Support of Charitable Interests. SICF provides a variety of fund options for donors. This is particularly appealing to donors who have many charitable interests, as well as those who wish to have varying degrees of involvement in making decisions about charitable contributions. Grants from funds at the Community Foundation can be made in the donor's name, and multiple generations can be involved in the grant making process.

Consider SICF an important resource that will work with you to develop recommendations for your clients. For more information, contact us at (217) 342-4988.

 

Foundation News

Scholarship Recipients Announced
8-23-2010
Click here for scholarship recipients for ECCF.
Click here for scholarship recipients for MACF.

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