Committee Advised Funds

At the Community Foundation we believe we are better together. Committee advised funds (CAFs) share the same giving philosophy. Established by groups, organizations or businesses who want to come together to make grants to causes they care about, committee advised funds are making an impact through collective giving.

Benefits of a Committee Advised Fund

Why Consider a CAF?

CAFs can be a great option for those who have a business that wants to support charitable causes or are part of a group of like-minded individuals who want to collectively support charitable causes. Your committee advised fund can support a variety of nonprofit organizations or charitable purposes. CAFs can also provide an alternative to a private foundation. Your committee advised fund can include the name of your organization or business. Grants from the fund can include the fund’s name or can be anonymous.

How are CAFs Lasting?

Grants from your fund can be made now and into the future to continue your collective spirit of giving.

What Can Be Contributed to a CAF?

Contributions can be made to the fund at any time with a variety of tax-wise gifts including appreciated securities, real estate, business interests, personal tangible property, retirement plans, life insurance and agricultural assets. Donors can maximize their giving thanks to tax-wise giving opportunities through the Community Foundation, including the Endow Iowa Tax Credit, a 25% state tax credit.

Learn more about CAFs

Financial Facts

• A committee advised fund can be established in any amount and with a variety of gift types.
• The ability to combine funds into professionally managed portfolios allows greater diversification of investments and access to investment vehicles that would not be possible for individual funds. 
• Click here to view the Community Foundation's administrative fee schedule for committee advised funds.