For Professional Advisors For Professional Advisors

The Community Foundation of Greater Memphis works with professional advisors, offering expert and strategic charitable giving solutions while letting you remain your clients’ trusted advisor.

Email Director of Professional Advisor Development Frank B. Horrell, CPA, CFP® or call him at (901) 722-0027 to learn more.

A Smarter Way to Give

We enhance the outstanding service you provide by offering charitable giving solutions.

Opening and maintaining a charitable fund is simple. Your client starts with a gift of $10,000 or more in cash, stock, or even complex assets, and experiences the community impact, ease, and tax advantage that a fund provides.

CFGM

GIFT

GIFTS of stocks, cash, or other assets are given by donors who receive an immediate tax deduction.

You help determine the best assets to strategically donate.

CFGM

GROW

They see those dollars GROW by investing in one of our investment pools.

You help decide which investment pool to choose.

CFGM

GRANTS

They advise GRANTS to their favorite causes at their convenience.

You have helped them achieve more for their favorite charities.

Benefits of a Charitable Fund Benefits of a Charitable Fund

CFGM

Tax Advantage

Contributions to the Community Foundation, a public charity, qualify for maximum deductibility for income, gift, and estate tax purposes.

CFGM

Convenience

A fund simplifies charitable giving and reporting and eliminates significant paperwork and administration.

CFGM

Custom Strategy

You can rely on us to help you and your clients design a smart, strategic approach tailored to your goals, now or as part of their legacy.

Problem solving: a track record of success Problem solving: a track record of success

The Community Foundation is uniquely qualified to help create solutions that let clients simplify and consolidate their charitable giving and minimized their tax burden.

Email Director of Professional Advisor Development Frank B. Horrell, CPA, CFP® or call him at (901) 722-0027 to learn more.

Problem

“I give to a lot of charities and it’s difficult to keep up with all the receipts”

CFGM
Solution

Open a donor-advised fund. Receive a single tax receipt for gifts into the fund and make grants to the nonprofits you choose, at your convenience.

Problem

“I want to use appreciated stock to support my favorite charity, but the nonprofits doesn’t know how to accept that gift.”

CFGM
Solution

Make a gift of stock to your fund. We liquidate it and provide proper receipts; the proceeds are available to grant.

Problem

“I hold stock that I want to offload but don’t want to pay a lot of capital gain taxes.”

CFGM
Solution

When you make a gift of stock to your fund, you receive a deduction for the full fair market value and never pay taxes on the capital gains.

Problem

“I have an unusual but valuable asset that I want to use to fund my charitable giving.”

CFGM
Solution

We can receive and liquidate gifts of real estate, complicated business interest (such as closely-held stock and limited partnership interests), art, and jewelry. Your are able to grant the proceeds.

Problem

“I want to put my required minimum distribution in my donor-advised fund.”

CFGM
Solution

You can’t. However, you can open a donor-designated fund and specify and organization to receive its proceeds.

Problem

“I want to make sure charities I care about are supported after I’m gone.”

CFGM
Solution

Open a fund now to be funded by your estate. Pay nothing to set it up or change the beneficiaries. When monies come into the fund from your estate, grants can be made annually to your favorite charities - forever!