We recently introduced a new platform for our philanthropic services that enables financial advisors to partner with us and their clients to create charitable funds. Our Financial Advisors Program allows donors to recommend a financial advisor or investment firm to invest their new charitable funds created at the Community Foundation. The investments for these charitable funds may be managed by financial advisors or investment firms outside of our primary investment pools.
This program offers a number of benefits for financial advisors and donors, including:
Asset Retention: Advisors can retain and manage their clients’ charitable assets at their financial institution on an ongoing basis on behalf of the Community Foundation.
Non-managed Assets: Non-managed client assets, such as real estate, closely held business interests, personal property and art can be converted into charitable funds that are managed through the program.
Philanthropic Services: Financial advisors can offer philanthropic consulting services to their clients by connecting them to the Community Foundation – adding value to their investment services and client relationships. With more than 80 years of experience, we are able to bring significant community knowledge and grantmaking expertise to bear in crafting creative approaches to clients’ charitable goals and objectives.
For more information about the Financial Advisors Program, including fund minimums and investment policy guidelines, please contact Peter Dunn at 315-422-9538, ext. 211 or Peter@cnycf.org.