As your local community foundation, we offer donor advised funds, a simple, flexible way to support the causes you care about while maximizing your tax benefits.
A donor-advised fund streamlines your giving through one charitable vehicle. You can name the fund for your family, business or something you care about.
To establish a fund, you make an initial gift to the FM Area Foundation, which qualifies for an immediate charitable tax deduction. You can then determine when and where grants from your fund should be distributed.
Grants from your fund can support any qualified nonprofit.
There are many reasons to open a donor advised fund through the FM Area Foundation. A few benefits include:
Our staff handles the administration of distributions to charitable organizations, conduct due diligence on grant recipients, and can help identify charities that match your interests.
In addition to receiving regular statements of fund activity, you will have access to your fund 24/7 via our secure online donor portal, where you can recommend grants, check your fund balance, and review the fund’s donation and grant history.
We accept liquid assets, complex assets and legacy gifts, such as:
You can add to your fund at any time.
As your local community foundation, we understand the needs, challenges, and opportunities right here at home. We work alongside you to ensure your giving makes a meaningful difference today and for generations to come.
At a glance, we’ve:
You have the power to make a positive impact in two ways. You can donate to one of our 500 existing funds, or you can contact us to create a charitable fund that matches your values. Whichever route you choose, we are humbled by your trust and grateful for your kindness and generosity.
“We wanted the scholarship to live on as a legacy for Norman and I in our communities to encourage a young person as they seek their dreams.”
“Serving on the Foundation board enables me to support efforts to strengthen our community.”
“We are thrilled to engage our daughters as future advisors to our fund. Knowing there will always be a family member to guide our charitable intent makes us feel great.”
“Anything that can motivate a child’s love of reading deserves support. Read to Lead can be such a vehicle.”
“Thank you to the Women's Fund for supporting our moms and children.”
“The community foundation is specifically created to encourage and nourish the giving spirit in the community.”
“Thanks to support from the FM Area Foundation, we completed two major projects. We're very grateful for the Foundation’s generosity as these projects support our mission to preserve and maintain the historic facility.”
“Support through the FM Area Foundation and its supporters has created an immeasurable impact on our work — delivering hope and fostering a sense of belonging for so many in our community going through a tender time in life. This ripple of kindness is cultivating joy and shared connection in our community, just because, and only made possible through generous donors. What a beautiful gift to know your community cares about you!”
