Corporate Advised Funds

For Businesses

Take the work out of corporate giving while allowing your company’s executives and employees to stay focused on your business and enjoy the many benefits of giving back. CFAAC can create a customized corporate philanthropy program for your business and your employees. The flexibility of our service means your company can outsource its entire charitable giving program, or just a portion of it for expert management and maximum impact.

Since 1998, CFAAC has established and managed funds and employee giving programs for companies who want to invest in an improved quality of life in Anne Arundel County. CFAAC can help you develop a strategic and customized philanthropy plan for your business. Our professional staff will manage your investment strategies with accountability and trust, and can partner with your qualified investment advisor to help you reach your financial goals.

Simplify Your Giving

With a gift of $10,000 or more your company can open a Corporate Advised Fund at CFAAC, maximizing the benefits for your business and further engaging your employees. It’s like having your own private foundation, only without the hassle and expense.

Make an Impact

As your partner in philanthropy, CFAAC will work with your company’s senior management to launch and grow a philanthropy program that aligns with your strategic business goals, ensuring the good you do in the community boosts your company’s brand and impact.

Consult with Experts

CFAAC distributes nearly $5 to $7 million annually to a variety of nonprofit organizations. We monitor all areas of community resources and need—including human services, education, the environment, healthcare, the arts, and economic development—to see where funds can help.

Employee Engagement

Services offered to our corporate fund holders are customizable including the ability for you to outsource all your charitable giving or just a portion of it. Anyone can contribute to your fund at any time using a variety of assets, and all gifts qualify for an immediate tax deduction. This is particularly useful during times of disaster when both employees and the company may wish to combine their giving to help those in need.

Choose Your Nonprofits

CFAAC staff researches each nonprofit your company is interested in supporting to ensure it is in good standing with regulators and then issues the check from your fund. We provide you with the resources to help you stay informed about your fund 24-7. Through our website, you can access your fund statement, make grant recommendations, and view gifts to the fund as well as grants made over time.

Increase Your Impact

CFAAC works with many businesses to explore creative ways to expand their impact in the community including matching gift programs, publicizing your fund, and more.

Benefits and Services

  • The opportunity to name your Corporate Advised Fund and issue grants in your company’s name or remain anonymous.
  • Real-time access through the online portal where you can recommend grants and track your grantmaking activity.
  • Timely and efficient grant administration and processing.
  • Flexible and expertly managed investment options.
  • Ability to accept a variety of assets including cash, appreciated stock, real estate, cryptocurrency, and other assets and receive the maximum allowable tax advantages.
  • No federal excise tax on investment income, no minimum annual payout requirement, or need to file a separate tax return like with a private foundation.
  • Adherence to legal requirements. CFAAC remains in full compliance with state and federal regulations as they relate to grants and contributions.
  • Ability to have employees add to your fund.
  • Guidance on establishing an Employee Matching Gift program as well as ongoing monitoring  of the program to ensure maximum impact
  • Invitations to exclusive Community Foundation events as well as networking opportunities with other donors and community leaders.

Contact CFAAC staff to discuss creative ways to use your Corporate Advised Fund to maximize your company’s impact in the community, 410.280.1102.

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