EBCF Philanthropic Services Presented to EPC Diablo Valley Nicole Taylor, President & CEO

EBCF Philanthropic ServicesPresented to EPC Diablo Valley

Nicole Taylor, President & CEONovember 16, 2011

Community Foundation Legacy

• In 2012, will celebrate 100 years of community trusts/foundations in US

• EBCF is the oldest California community foundation founded in 1928

• Primary role is to strengthen communities via grant making AND working with constituents in providing philanthropic advice and services.

• Bay Area has 4 large and 6-8 smaller CFs and they do overlap their service areas

• Most CFs have a variety of fund types

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EBCF Development/Philanthropic Services

We group our clients into a few scenarios:• Wealth Incident / Healthy Business • Planned Gifts / Testamentary Funds• Multi-Generational Family Philanthropy

We offer several ways to organize philanthropy:• Supporting Organizations• Donor Advised Funds, B of A Merrill Lynch DAFs • Field of Interest Funds• Agency Funds

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Wealth Incident / Healthy Business

• Types of Events Selling a business Appreciated stock Business success leading to entre into

philanthropy Tax planning Inheriting wealth

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Planned Gifts / Testamentary Funds

• Long term tax planning (CRT, CLT, bequests, …)• Documentation of donor intent; with or without

successor advisors• Initial contribution to set-up; small change fee in

future if interests change• Perpetual or term charitable endowments• Beneficiary of trusts • Unrestricted gifts to support the work of EBCF

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Multi-Generational Family Philanthropy

• Vision and values facilitation• Giving framework• Formal giving plan • Succession planning for family philanthropy• Measuring success and impact

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Options for Organizing Philanthropy• Supporting Organizations

$5MM minimum Incorporated nonprofit with a board of directors Supports EBCF mission

• DAFs $10,000 minimum to open Broad or specific purpose, common entry to philanthropy Specific services for corporate/business clients

• BAML DAFs Collaboration with BAML and Community Foundations

nationwide $25,000 minimum to open

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Options for Organizing Philanthropy (con’t)• Field of Interest (FOI) Funds

Multiple donors supporting defined cause Managed by community foundation staff Examples:

Asset Building Fund – Supports financial skill building for families in our foreclosure pilot program

East Bay Fund for Artists - Supports commissioning of new performance art by local artists

• Agency Fund Usually endowment building for nonprofits

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Private Foundation Services

• Philanthropic Advice and Services Expertise establishing grantmaking programs, identifying

effective nonprofits, evaluating impact Proposal-based projects Leverage DAFs for 5% payout requirement Leverage FOI funds/collaborations - network with other

foundations, education on key community issues

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THANK YOU!

For More Informationwww.eastbaycf.org

Giles Miller, Director of [email protected]

(510) 836-3223

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