BozemanFoundation.org
Title
Bozeman Area Community Foundation
Description
The Foundation was incorporated in 1998 to serve both donors and charities, primarily in the greater Bozeman area. Originally known as The Planned Giving Foundation of Montana, the name was updated in late 2002 to better describe the purpose.
The Foundation serves donors. It facilitates local philanthropy in general, carrying out donor wishes in an impartial manner without any race, creed, or religious or political affiliation. One of its best roles is permanently holding a large donation and annually distributing investment earnings among local charities. Such accounts are often called "donor advised funds" because typically the donor advises the Foundation Board of the donor s recommendations. In this way a donor may establish a large tax deductible gift, yet still have the ability to alter distribution recommendations in future years - sort of a donate now and decide beneficiaries later flexibility. The donor may also request that earnings from his or her perpetual gift be split among more than one charity.
The Foundation also serves charities, functioning as a high level bookkeeper for charities that do not want the complexity of accounting for endowment funds.
Contact
- Bozeman Area Community Foundation
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- Bozeman Montana
- United States 59715
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- +1.4065874300
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