Community Foundation Tampa Bay is your partner and advisor as you create and manage your charitable investments. Even if you make a complex gift such as securities, real estate or other assets, we can help. We take care of the administrative details so that you can focus on your joy of giving.
Giving as a family – with your grown children, your teens, your grandchildren or your extended family –adds depth and meaning to your philanthropy. It’s a way to share values and draw closer as you set an example of giving for the next generation.
When your business gives charitably, you help build a stronger, more vibrant community in ways that are intentional, meaningful and impactful. You also engage your employees. We help you assess your giving priorities and organize your giving.
You care about your community now and forever. We work with you and your professional advisor to document your priorities. Then, your charitable intentions will be carried out through your estate plans.
Working With Us
We work with you, your community group, your business, or your foundation to develop and award scholarships to students pursuing post-secondary education at universities, colleges, technical/vocational schools, or professional certification programs.
Talk to one of our Philanthropy Experts for more details
We can help you customize your charitable gift in a number of ways, including both endowed and non-endowed gifts. An endowed gift usually is invested for the long-term. It generates income each year as the principle continues to grow. Endowments can be permanent or for a specific amount of time. A non-endowed gift can be invested and distributed for any period of time.
The gifts can go for:
We offer endowments—long-term funds invested to generate growth and income—to provide stability and a consistent source of income to support your mission. Endowments held at the Community Foundation Tampa Bay range from the minimum of $25,000 to more than $5 million. We manage, administer and invest the endowed funds, and you may receive a specified amount distributed to you annually to support your operations.
Community Foundation manages your endowment as part of a high-performing investment pool. An annual distribution is made to your organization, consistent with the spending policy adopted by our board. The current distribution amount is 4.25%.
Endowment funds are intended for perpetual asset growth and are invested for the long-term. We target an annual average return of 7% and the administrative fee for service is 0.75%.
Endowment funds ensure the success and longevity of your favorite nonprofits while making sure they are viable into the future.
No. You may donate from your non-endowed charitable fund as you see fit. There are no required annual minimum or maximum distributions.
Yes. You can decide how future generations can be involved in the funds you establish.
No. In fact, using a charitable fund at the Community Foundation to manage your giving can make it easier to donate to nonprofits you already know and we can introduce you to others whose work you want to support.