Phase I: your organization/your role
- Identifies and qualifies the donor
- Informs and cultivates the donor
- Explores the donor’s best planned giving option(s)
Phase II: the community foundation /beginning of the partnership
- Consults with you and your donor
- Evaluates your donor’s goals
- Prepares a gift proposal
Phase III: the community foundation/gift acceptance
- Finalizes the gift agreement
- Ensures due diligence with gift acceptance policies of The Community Foundation
- Liquidates assets and provides gift acknowledgement
Phase IV: the community foundation/your organization/ gift management & stewardship
- Invests proceeds from asset sale
- Makes annual distributions from the gift to your organization or in the case of life income gifts, to the income beneficiaries
- Provides ongoing consultation to you and your donor
- Keeps the donor informed about your impact to maintain relationship
12.04.2014
The permanence of your organization may be an important consideration for your donor, particularly if you are a younger organization in the community. Some donors choose to set up a designated fund at The Community Foundation to support your organization in perpetuity and do so during their lifetime and/or through their estate.
Page 2 of 2
