Supporting Organizations

Are you considering establishing a charitable foundation of $1.5 million or more?  If so, a supporting organization may be an alternative to consider. 

A supporting organization is a tax concept that allows a private foundation to enjoy the privacy, flexibility and tax advantages of a donor advised fund.

Here are some of the benefits:

  • The option to maintain the investment management with your current financial advisor, through our Investment Partners Program, or the ability to take advantage of the foundation’s professional investment management.
  • No administrative responsibilities with a fund. GGBCF handles all administration — accounting, due diligence on grantees, grants follow-up & IRS reporting.
  • No start-up costs.
  • More tax advantages — tax treatment of all gifts is more favorable (for example: Receive up to 50% of AGI with cash donation, as opposed to 30% with a private foundation).
  • No 2% excise tax on earnings.
  • Maintain name of private foundation & advisory capacity.
  • Minimum payout not required.

Want more information?

Download our supporting organization information and services sheet to learn more about the services we provide for these funds. 

Download Now

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Greater Green Bay Community Foundation

320 N. Broadway Street, Suite 260, Green Bay, WI 54303
P: (920) 432-0800   F: (920) 432-5577   Email Us

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