Investing In Community Wellbeing

Investing In Community Wellbeing
Simplify Your Giving

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The Hawaii Community Foundation is your trusted partner in philanthropy. We have the expertise and resources to create a personalized vehicle to make your giving convenient to manage, cost effective and tax-advantaged.

HCF also provides you the assurance that your gift will offer effective aid in a manner that honors your intent well into the future.

What are your options for managed giving with HCF?

Interested in learning more or opening a fund?

Contact us by calling 888.731.3863 or email give@hawaiicommunityfoundation.org

Consolidate Your Giving

With a Donor Advised Fund, you can steer steer the purpose of the fund and make grant recommendations, while leaving the administrative tasks to HCF.

A Donor Advised Fund is a simple and flexible option for charitable giving that allows you to steer the purpose of the fund by making grant recommendations, while leaving the administrative tasks to HCF. It is easy to set up and similar to a private foundation.

HCF can help you define a charitable mission, research local and national charities, stay abreast of current issues, carry out your giving recommendations, monitor the impact of your grants, maximize your tax advantages, and help you leave a permanent legacy.

How to start:

  • Choose a name for your fund
  • Make an initial contribution (minimum of $10,000 with a target balance of $50,000)

At any time, you can:

  • Make additional gifts of any size
  • Recommend distributions from your fund to any 501(c)(3) public charity organization

Children and other family members may be introduced to your charitable interests and empowered to carry on your legacy of giving through your fund. Alternatively, HCF can continue to make future bequests on your behalf in accordance with your wishes.

 

Enjoy Benefits of a Private Foundation with Less Cost

Create a named fund that operates much like a private foundation, while leaving the administration and regulatory compliance duties in the hands of HCF.

Through a Signature Fund at the Hawaii Community Foundation, families, individuals and businesses can create a named fund that operates much like a private foundation. With a minimum $1 million balance, a signature fund enables donors to oversee their independently branded charitable giving program while leaving the administration and regulatory compliance duties in the hands of HCF. A Signature Fund can be established for a set period of time, or in perpetuity.

How to start:

  • Choose a name for your fund.
  • Develop a grant-making strategy in partnership with HCF. Plan for a limited-time fund, or one that will last in perpetuity.

A signature fund allows you to take advantage of our resources, but maintain an independent identity with minimal reference to HCF.

  • Custom stationery for all grant correspondence
  • A dedicated website, supported by HCF staff

Some advantages of a Signature Fund with HCF:

  • We provide personalized support. Our staff will prepare dockets and facilitate an advisory committee that operates much like a foundation board.
  • You receive benefits such as tax advantages, online access, and personal philanthropic services.
 

Let Us Handle Your Family / Corporate Foundation’s Administrative Details

An established private family or corporate foundation can become an HCF supporting organization and thereby benefit from advantages afforded to a public charity while enjoying the independence of a private foundation.

HCF provides administrative support and fund investment management so that you can focus on directing the foundation’s goals and where to distribute aid.

Meanwhile, as a private group, your foundation can still have:

  • An independent board of directors
  • A distinct investment policy
  • Flexibility in the grant-making process

Additionally, affiliating with HCF in this manner also provides your foundation with all of the experience and resources available at our disposal.

Continue to support your charitable missions, but with less administrative complexity.

Among the benefits of HCF’s private foundation services:

  • Back office administrative support; meeting and retreat facilitation; and “storefront” presence—such as a branded website, physical office address and communications hub—provided and staffed by HCF eliminates the need for your foundation to keep a support staff or maintain a physical office, mail service or dedicated phone line
  • Compliance management; HCF staff continually keep up to date on tax and legal regulations regarding charitable organizations to ensure that your foundation remains compliant and effective
  • Strategic development support; HCF lends its expertise in navigating charitable giving and grantmaking to maximize the effectiveness of your foundation’s efforts
  • Effective communication with the community; HCF’s established networks allow for efficient communication and extensive reach for your message

Private foundations, whether independently managed, or overseen by HCF’s private foundation services, do carry additional administrative, compliance and tax burdens. Alternatively, by converting your existing private foundation to a donor-advised fund managed by HCF, you can eliminate these distractions from your charitable mission. Foundation principals can still steer the fund’s philanthropic goals and maintain the original foundation identity.

 

Convert your private or corporate foundation to a donor advised fund

Continue to support your charitable missions, but with less administrative complexity. 

A donor-advised fund is a simple and flexible option for charitable giving that allows you to steer the purpose of the fund by making grant recommendations, while leaving the administrative tasks to HCF. It is easy to set up and similar to a private foundation.

HCF can help you define a charitable mission, research local and national charities, stay abreast of current issues, carry out your giving recommendations, monitor the impact of your grants, maximize your tax advantages, and help you leave a permanent legacy.

How to start:

  • Choose a name for your fund
  • Make an initial contribution (minimum of $10,000 with a target balance of $50,000)

At any time, you can:

  • Make additional gifts of any size
  • Recommend distributions from your fund to any 501(c)(3) public charity organization

Children and other family members may be introduced to your charitable interests and empowered to carry on your legacy of giving through your fund. Alternatively, HCF can continue to make future bequests on your behalf in accordance with your wishes.

email us for more information