Advantages Of Giving To The 'Festival Foundation'
The Cherry Festival Foundation recognizes that charitable giving should be a rewarding experience. Here’s how
we can help make that come true for you:
A fund is established with a gift instrument that takes less than an hour to prepare. Thereafter, the Foundation provides all administrative services such as accounting, auditing, financial management, due diligence, grant making, and receipting at a lower than normal fee.
The Foundation offers various types of funds to reflect the desired level of involvement. Donors may offer advice on grants made from their fund, or entrust decisions to the Foundation. The Foundation maintains strong links to local nonprofit organizations and educational entities, which allows the Foundation to connect Donors with organizations that correspond to their interests and ensure the maximum impact of gifts.
Since the Cherry Festival Foundation is recognized by the Internal Revenue Service as a public charity, contributions are eligible for the maximum tax benefits allowed by law. Donors will receive an immediate tax deduction the year the gift is made without having to rush into decisions regarding the ultimate timing or beneficiary of their gift.
PROFESSIONAL MANAGEMENT AND ACCOUNTABILITY
Assets invested with the Festival Foundation are professionally managed. Funds benefit by being pooled and invested with the Foundation’s total assets, resulting in lower management fees, greater investment diversification, and minimized risk.
An important part of our work is building a permanent collection of funds for the community that will continue to carry out charitable objectives of the donors who establish them.