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Power of Endowment/Working with Advisors
POWER OF ENDOWMENT
The Community Foundation of Middle Tennessee is honored to show how we help donors grow and preserve permanent endowment funds established for their most beloved issues and organizations. Here we highlight two of our oldest endowment funds established by early champions of The Community Foundation and the role it could play in advancing and supporting philanthropy. We believe this is our most important work.
Ida F. Cooney
Dr. Jamye Coleman Williams and Dr. McDonald Williams
Cheekwood Botanical Gardens is an example of an arts organization that has received support from the Ida F. Cooney Fund for the Arts.
WORKING WITH ADVISORS
For many prospective donors who are exploring charitable giving options, their first introduction to The Community Foundation is through their professional advisor. This may be a trusted friend, lawyer, accountant, investment representative, or wealth management professional.
The charitable giving goals of the prospective donors are always central to the conversation and any actions taken. It’s the resources and tools that differ based on whether the donor sought advice from a lawyer to assist with estate planning, an accountant to determine tax strategies related to the sale of a company, or a wealth management professional to help put together a plan for retirement.
The Community Foundation has experience working with advisors of all types and has the goal of working alongside these professionals as partners in supporting the charitable goals of an individual or family.
