Charitable Investment Partners

We believe that we are better together. Through the Community Foundation’s Charitable Investment Partners (CIP) program, your clients can simplify their giving by establishing a charitable giving fund at the Community Foundation while you continue to manage their assets.

"The Community Foundation is a good local partner for clients. They can educate donors on area nonprofits, identify where their passions are and how to connect that to who they want to support.” 

- David Strege

 

The CIP program provides customized investment options that allow your clients to establish charitable funds at the Community Foundation that are invested by you, their trusted advisor.

You maintain investment management over assets while the Community Foundation handles all the reporting and administrative needs of the fund. Additionally, the Community Foundation provides value-added benefits for both you and your clients, including offering connections to giving opportunities and personalized consultation services.

Professional Advisor Benefits

RETAIN client revenue and management of their assets

CONVERT non-managed assets such as real estate or privately held business shares, for example, into charitable assets under management

STRENGTHEN client relationships by offering a value-added service

ACCESS to the Endow Iowa Tax Credit, a 25% state tax credit, only available through Iowa community foundations

AVAILABILITY to a variety of charitable giving fund types, customized to meet client goals

RECEIVE exclusive invitations to special events with local leaders, professional advisors and donors

Client Benefits

PERSONALIZED SUPPORT from the Community Foundation’s team of charitable giving experts, including tailored individual and family giving consultation

ACCESS to local nonprofit experts making meaningful connections to maximize the impact of their charitable giving

OPPORTUNITIES to give back to the community and leave a legacy for future generations

EXCLUSIVE INVITATIONS to special events to meet like-minded donors and community leaders

How It Works

Create a Charitable Fund
  • Contact our team to draft a charitable fund agreement (example: donor advised fund) for your client’s review and signature.
  • Ensure “Charitable Investment Partner Program” is selected as the investment recommendation to invest your client’s charitable assets. 
Establish the Investment Account

Once we receive the signed fund agreement, we will provide everything you need to complete the investment account paperwork, so you can manage your clients’ charitable fund assets on your platform. To ensure your clients’ contributions are tax deductible, the Community Foundation will be the owner of the account, using its Tax ID.  Our officers will be the authorized signers. 
Contribute to the Fund

Your client’s contributions to the fund are tax deductible, and we will provide the tax receipt. Work with your clients to transfer assets between their personal accounts and the charitable fund. Your clients can also make gifts of illiquid assets, such as business interests and real estate, which can be converted to charitable dollars you invest. Please notify us when you initiate a transfer.
Clients Recommend Grants

Grantmaking is easy. Your client will use our online donor portal to recommend grants from the fund, as well as track the fund charitable activity. We provide the due diligence, process and distribute the grants. Our Finance Team will request transfers from you to rebalance your clients’ accounts and cover cash needs as they arise. As your client’s trusted advisor, you may also be granted access to the online donor portal.

Learn more

Current Charitable Investment Partners