Corporate Advised Funds

Your company, creating change in your community.

A Corporate Advised Fund is a philanthropic fund that allows companies and employees to make a charitable contribution, receive an immediate tax benefit, and then recommend grants to charitable organizations from the fund over time as a group.

Benefits

Research shows that companies who engage in socially responsible activities deepen customer loyalty, boost employee morale and retention, and have meaningful impact in their communities. However, not every company has the capacity to run their own corporate social responsibility initiative. Opening a Corporate Advised Fund with the Community Foundation of Utah makes it easy for you and your employees to get involved while requiring minimal staff time. Corporate Advised Funds are:

  • Flexible. We accept gifts of stock, real estate, C-Corp, LLCs, and other complex assets.
  • Efficient. We manage, administer, and invest the fund, so you enjoy many of the benefits of a corporate foundation without the hassle of management.
  • Impactful. We work with your company to determine which causes or organizations you want to support and help you develop a personalized strategy for charitable giving.

Learn more about the benefits a Corporate Advised Fund can have for your company from Kellogg Insight and Nonprofit Quarterly.

Take a look at our Corporate Advised Fund Agreement and Corporate Advised Fund Policies & Procedures.

Contact Micaela at 801-559-3005x7 or  to learn more about establishing a Corporate Advised Fund.