Advisors

You know your clients. We know philanthropy. Let’s work together for impactful and fulfilling giving.


Our Vice President will work with your client to identify their giving style, passions and desired results. We can help them develop a charitable vision and will highlight community issues and help you and your client formulate strategies to respond to those needs. We strive to make sure the intent of your client’s giving is fulfilled.

To learn more about all of the ways that individuals and families can give, click here.

Investment Philosophy


The Community Foundation of St. Clair County, through the guidance of the Finance & Investment Committee, selects investments that will provide maximum financial resources for the Foundation, balancing risk and return. Investment objectives consider both the Foundation’s financial needs as well as the committee’s tolerance for risk, inflation expectations and the Foundation’s liquidity needs.

The primary objective of the Foundation’s investments is to provide for long term growth of principal, through capital appreciation, income, donor development and gifts. Emphasis is placed on maintaining “real” growth of assets, net of inflation, spending and fees.


Disclaimer: The Community Foundation of St. Clair County is not engaged in rendering legal or tax advisory service. The purpose of this website is to provide accurate and authoritative information of a general nature.

Click charts to enlarge...

FAQ

1Is giving through the Community Foundation right for your clients?

As a lawyer, CPA, broker, or investment advisor, you can help your clients realize their charitable objectives by listening for charitable giving opportunities, explaining options, and suggesting solutions.

The Community Foundation of St. Clair County can help you meet the needs of your clients. There is NO CHARGE for our service.

Since the Foundation is structured to benefit most nonprofit organizations, you can suggest donating through the Community Foundation without appearing to favor any one particular charity.

2What is an Endowed Fund?

Almost all of the funds at the Community Foundation are endowed. This means that the principal amount of the fund (usually the gifts received from the donor) is generally considered restricted and is intended to last forever.

Grants are made from available earnings and/or appreciation based on investment returns and the Foundation's Spending Policy. Grants are generally not made by dipping into the general principal of the fund, except in unusual or extraordinary circumstances as determined by the Foundation, or unless the donor gives explicit permission to do so.


CARES Act

CARES Act Boosts Your Clients' Charitable Incentives

Your clients may be unsure if it is the right time to do more to help the community they love during this unprecedented crisis.

New tax incentives offered in the CARES Act for 2020 make this a perfect time for more charitable giving. And the Community Foundation of St. Clair County is uniquely qualified to help you make the most of this opportunity to amplify your clients’ philanthropy.

You Should Know

  • Gifts to donor-advised funds and gifts to private foundations are not eligible for CARES Act tax incentives.
  • The Community Foundation offers several types of charitable Funds that are eligible for the new law’s tax incentives.

Here are examples of endowed charitable Funds at the Community Foundation that your clients can create, or add to, that qualify for the CARES Act’s extraordinary tax incentives:

Community Investment Fund:
Your client can help tackle our big challenges today and those that emerge in the future. We deploy support from this Fund where it can make the most impact in our community, as that need changes over time. This type of Fund offers the most flexibility in grantmaking.

Field of Interest Fund:
Your client’s Fund can be created to support a particular issue (health, education, environment, arts, etc.) that’s close to their heart. During times of crisis and beyond, your client’s Fund can respond with help for our community that reflects your client’s values, passions and goals for that issue.

Designated Fund:
Allows your client to focus grantmaking to specific charitable organizations they love. Your client can be assured that their favorite organizations will have a permanent revenue stream to support their missions in good times and bad.

CARES Act Tax Incentives Include:

  • Cash gifts to public charities in 2020 can be tax deductible up to 100 percent of adjusted gross income. That means your client’s gift to the Community Foundation could enable them to pay no federal income tax for 2020.
  • Non-cash gifts, e.g. securities, can still be deducted up to 30 percent of adjusted gross income and cash gifts can make up the balance to reach the total of 100% benefit allowed in 2020.
  • Those who give more than their taxable income in 2020 can carry forward unused cash gift deductions for up to five years.
  • While the new law waives required minimum distributions from most retirement plans during 2020, your clients can still make charitable contributions of up to $100,000 from their IRAs without it affecting their taxable adjusted gross income. (Gifts from an IRA to create or add to Community Investment Fund, Field of Interest or Designated Funds at the Community Foundation meet the criteria for qualified charitable distributions.)

The CARES Act creates an extraordinary opportunity for your clients. And by giving through the Community Foundation of St. Clair County, your clients can have the peace of mind of knowing that their support goes where it’s needed the most to tackle our community’s challenges and opportunities.

Through the power of their endowed Fund, your clients will create bold and timely impact for their community today and for future generations.

Let’s talk about how the Community Foundation can work with you to help your clients create a lasting impact. You can contact Jackie Hanton, jackie@stclairfoundation.org or 810-984-4761.