As a financial professional, you know that charitable giving can be an important part of an individual’s or family’s financial and estate plans. But it is also important to remember that charitable giving often plays a role in their professional lives as well. Many of your clients are executives who want their company and its employees to lean into charitable giving. That’s why it’s wise for you to be aware of the best practices in corporate giving — and the ways the Omaha Community Foundation can help!
A Donor Advised Fund (DAF) at the Omaha Community Foundation is an easy tool for companies of any size to use for their charitable giving. The fund helps corporate leaders organize the company’s giving in a convenient, 501(c)(3)-qualified structure, avoiding the time and expense required to establish and maintain a separate charitable entity. Many companies appreciate OCF’s infrastructure, reporting practices, and compliance protocols to ensure that all tax laws and other IRS requirements are met.
The company can contribute to the corporate DAF each year, then organize donations to a single or wide range of nonprofits through a single source of funds. OCF can work with company leaders to develop a giving plan that supports the company’s goals and culture. OCF can also help facilitate employee matching gift programs.
Companies can work with the Omaha Community Foundation to offer DAFs to their employees as an added benefit. The employees can fund their DAFs using a wide range of assets, including stock received as a company stock gift. Companies can also donate to an employee’s DAF as part of a corporate giving match program. Your employees will have access to all of the Omaha Community Foundation’s services and tools, including a dedicated account advisor with a deep knowledge of the community’s needs and the organizations working to address them. Plus, our online giving portal makes it easy to give with a few simple clicks.
Another popular corporate giving tool is a company supported giving circle. Giving circles foster a sense of community and camaraderie among colleagues by pooling resources for charitable causes. They empower employees to collectively make a meaningful impact on issues they care about, promoting a sense of ownership and engagement within the organization. Additionally, participating in giving circles enhances corporate social responsibility efforts, demonstrating a commitment to philanthropy and social causes. The Omaha Community Foundation can help facilitate these programs.
We look forward to working with you and your clients – including corporate executives, small business owners, and others who are excited to give back to the community where they’ve built businesses and developed lasting relationships.
To learn more about how the Omaha Community Foundation can help with corporate giving, contact Sunni Kamp, Director of Corporate Giving, at 402-933-4188 sunni@omahafoundations.org.
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