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Becoming a member of our donor family offers an easy way for you to accomplish your charitable dreams. As our partner in giving, you receive the simplicity and tax advantage of giving to a public charity combined with the personal recognition, involvement and flexibility of a private foundation.
Highlighted below are some of the specific advantages of giving through the Pinellas Community Foundation:
- Local Control –The Pinellas Community Foundation is a local organization serving the Pinellas County community.
- Local Giving – The Pinellas Community Foundation serves Pinellas charitable organizations.
- Minimum Administrative Expense – The Pinellas Community Foundation operates with minimum administrative expenses, far fewer than most other community foundations throughout the country.
- Maximum Tax Advantage – As a public foundation, tax advantages are available that are highly beneficial to donors.
- Flexibility – The donor has unlimited options for both giving and selecting the charitable purposes for which a gift will be used.
- Endowment Policy – It is the foundation’s policy to treat donor established funds as endowments, unless otherwise required. Under this policy, net income only is distributed as charitable grants and the fund retains capital growth. This ensures a perpetual and growing memorial that will benefit the community in the donor’s name forever.
An important part of our work is building a permanent collection of funds for our community. Our Board of Governors ensures that these funds will grow in perpetuity and will continue to carry out the charitable objectives as established. If these objectives ever become impossible to carry out, the Board will redirect the funds to support a closely related purpose.
Pinellas Community Foundation is here to help you with all aspects of your giving experience. If you have questions about becoming a donor, please contact us for further information.
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