For Foundations
The Crucial Role of Foundations in Asset-based Philanthropy
Foundations are often the best initial recipient of complex gifts. While many nonprofits accept gifts of publicly traded securities, few are equipped to handle complex assets like commercial real estate or business interests. Additionally, Donor Advised Funds offer flexibility for donors who desire to support multiple charities through their complex giving. Navigating these sophisticated transactions requires careful planning, due diligence, and philanthropic architecture.
How Cornerstone can assist your Foundation
Option 1
Cornerstone works with nonprofits to generate significant asset-based gifts and partners with foundations to facilitate and receive those gifts. We collaborate with donors, their advisors, and your team to structure and finalize the gift (e.g., DAFs, CRTs, CGAs, etc.). By partnering with Cornerstone, your foundation will connect with new donors during major, tax-realization events, allowing you to receive gifts that establish new funds and meaningfully increase your foundation’s assets. As a result, your foundation will expand its impact within your local community.
Cornerstone operates as a sophisticated, outsourced contractor—assisting with the due diligence, planning, and philanthropic architecture.
Collaborating to Increase Impact
Option 2
Investing in your Nonprofit Ministry Partners
Cornerstone partners with foundations in a joint effort to educate and facilitate asset-based philanthropy in the region. The foundation connects Cornerstone with nonprofit ministry partners and co-funds its consulting engagements via grants. This empowers nonprofits to cultivate more asset-based gifts, ultimately directing a higher volume of donors back to your foundation.
Option 3
Working with Cornerstone as a Direct Client
Lastly, foundations are able to work with Cornerstone as a direct client. We work closely with your foundation’s team and current donors to implement our full suite of nonprofit services.