Corporate Giving Funds

Simple and Strategic

The Community Foundation of Greater Huntsville can help you maximize your company’s investment in our community and strengthen employee engagement with Corporate Giving Funds. Many companies create a custom Corporate Giving program designed to reflect your company’s values and provide a comprehensive suite of services, including charitable giving expertise, grantmaking guidance and administrative support, to simplify and enhance your corporate philanthropy.

Fifty-four percent of employees who are proud of their company’s contributions to the community report being more engaged in the workplace.

Seventy-seven percent of employees prefer to work where philanthropy programs allow them to feel more connected to their communities.

Sources: Double the Donation, Deloitte

A Corporate Giving Fund is typically less costly and less time-consuming to administer than other forms of gift administration, such as setting up your own 501(c)(3) organization, but it still allows you to establish a charitable legacy in the name of your business and to fulfill multiple charitable interests.

Working through the Community Foundation, your gift can be combined with others to increase the impact in areas you care about most, it qualifies you for maximum tax advantage under federal law, and allows you to take advantage of the expertise of professional program staff and investment managers.

There are four levels of service that the Community Foundation of Greater Huntsville can provide for corporations with giving funds we manage.

How it Works for a Basic Employee Giving Fund

You set up a Corporate Giving Fund at the Community Foundation in the name of your company; for example, the Acme Corporate Giving Fund.
You collect employee contributions and remit those contributions to the Community Foundation to put into your Corporate Giving Fund.
You create an advisory team to recommend grants from your Corporate Giving Fund. The Community Foundation’s professional program staff is available to help you to identify and support the public charities you care about most.

The Community Foundation handles all of the administrative details and issues grants to charities in the name of your Corporate Giving Fund, or grants can be made anonymously if preferred.
The Community Foundation prepares the appropriate tax receipts for the employees who have contributed to your Corporate Giving Fund.
Your gifts are a source of community capital, helping to do the work that is important to you and to your employees. In this way, your company has a larger and more visible investment in the community.

“After spending 17 years in nonprofit management, I can tell you that the Community Foundation’s Corporate Giving Network is the secret sauce for corporate giving. Transforming company culture? Best practices? Collaborative outreach? CGN has the secret sauce.”

– Erin Bloxham Curtis