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To fulfill your clients’ philanthropic goals, the Community Foundation offers an array of fund types designed to match each donor's interests and values, while achieving maximum tax benefits:

Donor Advised Fund

Allows the donor to make tax-deductible contributions to a personal charitable fund. As our most flexible fund, the donor advises where to make grants to any 501(c)(3) public charity in the United States.

Curious how Donor Advised Funds work? Watch the below video by Betsy Pennewill, JD, General Counsel at the Community Foundation, to learn more.

Designated Fund 

Provides perpetual support to one or more specific nonprofit organizations designated by the donor.

Field of Interest Fund 

Allows the donor to support broad areas of interest, such as education, the arts, the environment, or youth services. Our Foundation evaluates and awards grants to nonprofits making the greatest impact in the targeted area.

Scholarship Fund 

Helps deserving students of all ages pursue their academic goals; the fund can be established by companies, organizations, families, or individuals.

Unrestricted Fund 

Offers the greatest flexibility in responding to the community’s changing needs and allows our Foundation to address issues as they emerge.

Future Fund 

Creates legacy intentions defined in perpetuity with contributions being received from the Donor’s estate.

Bequest Language for Donors and Professional Advisors

Bequest Language | Community Foundation of Sarasota County

I gift, devise and bequest $_______________ (or a percentage of my estate or the rest, residue and remainder of my assets) to the Community Foundation of Sarasota County, Inc., a 501 (c)(3) tax exempt corporation organized and existing under the laws of the State of Florida and having an office in Sarasota, Florida, to establish and fund the [Name of Charitable Fund].

The Trustee shall distribute $______________ (or a percentage of the trust assets or the rest, residue and remainder of the trust assets) to the Community Foundation of Sarasota County, Inc., a 501 (c)(3) tax exempt corporation organized and existing under the laws of the State of Florida and having an office in Sarasota, Florida, to establish and fund the [Name of Charitable Fund].

Learn More About Environment, Social, Governance (ESG) Pool and Other Investment Options

Betsey Pennewill headshot

For more information on how you can help fulfill your clients' philanthropic goals:

Betsy Pennewill, JD
General Counsel
941-556-7152 
betsy@cfsarasota.org

Rina Alvarez

For more information on how you can help fulfill your clients' philanthropic goals:

Rina Alvarez
Director of Donor & Advisor Engagement
941-556-7106 
RAlvarez@CFSarasota.org

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