FREQUENTLY ASKED QUESTIONS ABOUT WHITEFISH COMMUNITY FOUNDATION

why do we need whitefish community foundation?

Whitefish Community Foundation brings together donors and nonprofits to invest in community-led initiatives that improve quality of life in the Flathead Valley.

WHY SHOULD I GIVE TO WHITEFISH COMMUNITY FOUNDATION?

Whitefish Community Foundation offers donors a way to simplify their charitable giving:

  • You can give through the Great Fish Community Challenge and maximize your gift to one or many of the participating charities and only have one tax receipt to retain.
  • You can open a Donor Advised Fund which offers the convenience of making one gift and then granting the funds out over a period of time.
  • Your gift to the Community Foundation helps to expand the important work of the Foundation’s many grant programs.
  • Your gift to the Circle of Giving supports all the Foundation’s grant programs, including Major Community Projects, Emergency Grants, Community Grants, and the Great Fish Community Challenge that inspires the rest of our community to give.

how does whitefish community foundation help other nonprofits raise funding?

Whitefish Community Foundation makes charitable giving easy for donors through its Donor Advised Fund Program. It also works with local nonprofits and donors through a giving platform that inspires the community to give during the Great Fish Community Challenge by offering a matching grant. Donors often get involved with the Community Foundation when they are short-term residents because it is a way for them to get involved with the community on a level that works for them.

why should i open a charitable giving fund at whitefish community foundation?

Whitefish Community Foundation offers donors a professional Donor Advised Program that is convenient, easy to use and offers a very competitive low administration fee to manage your fund. You can access our community knowledge and find out what programs and nonprofits need. Your fund can be invested just like a commercial charitable fund but when you open a Donor Advised Fund with Whitefish Community Foundation, the low fees you pay will stay here and benefit your community.

can my donor advised fund support nonprofits outside of whitefish?

You can recommend a grant from your Donor Advised Fund to any 501(c)(3) charity in the United States and to qualifying international charities.

why should i consider a donor advised fund over a private foundation?

There are several reasons to consider a Donor Advised Fund over a Private Foundation as your charitable giving tool:

  • Whitefish Community Foundation is a 501(c)(3) nonprofit organization and contributions receive the maximum tax advantage for contributions.
  • Donor Advised Funds simplify your reporting and charitable giving because the Community Foundation takes care of everything and all you do is retain one tax receipt.
  • Your Donor Advised Fund can be invested to grow over time and it is not subject to excise taxes. There is also no minimum amount you must give each year.
  • When you open a Donor Advised Fund with the Community Foundation, you can access our community expertise and we do all the grant making due diligence for you.