By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.
PreferencesDenyAccept
Three generations of a family hugging and smiling at the camera
Custom Giving Solutions

Foundations

A foundation within Community Foundation Tampa Bay can look just like a private foundation, offering the same benefits and prestige but with fewer costs and administrative burdens for you, your family, or your beneficiaries. You can even brand and promote your foundation in the same way as a private foundation. Our Philanthropy Team provides foundations at Community Foundation Tampa Bay with assistance in facilitating family meetings, research on nonprofits, and customized grant reports. With a starting contribution of $100,000, you can establish your foundation—then you, your family, or your business can focus on the joys of giving while we take care of the behind-the-scenes details.
Custom Giving Solutions

Foundations

A foundation within Community Foundation Tampa Bay can look just like a private foundation, offering the same benefits and prestige but with fewer costs and administrative burdens for you, your family, or your beneficiaries. Our Philanthropy Team provides foundations at Community Foundation Tampa Bay with assistance in facilitating family meetings, research on nonprofits, and customized grant reports. With a starting contribution of $100,000, you can establish your foundation—then you, your family, or your business can focus on the joys of giving while we take care of the behind-the-scenes details.

Types of Foundations

Family Foundations
A family foundation within Community Foundation Tampa Bay offers the same benefits and prestige as a private foundation, but with fewer administrative responsibilities and costs. With a starting contribution of $100,000, you can establish your foundation and rely on Community Foundation Tampa Bay's team for support.
Corporate Foundations
Partnering with the Community Foundation on your company’s philanthropic investments is an easy and strategic way to maximize your impact in the communities you serve. Our team can assist with establishing or enhancing your company’s giving program, with none of the hassle of a private foundation.
Learn More About Corporate Philanthropy

How Foundations Work

In many ways, it works just like a donor advised fund.
Give
  • Enjoy the option to contribute a variety of gifts, including cash, stocks, or other assets like real estate or land.
  • Give when and how you choose, all while claiming the maximum tax benefits allowed by law.
  • Assure the most long-term charitable impact.
  • Giving is flexible, as you do not have to name nonprofits up front.
  • You choose who can give from your foundation: an individual, family members, or a committee. There are unlimited successor advisors for foundations.
Grow
  • Invest your contribution in one of our professionally managed investment pools. Or, if you prefer, your financial advisor can continue to manage the assets.
  • Choose how our professional managers invest your philanthropic assets on your behalf. Or, recommend your own investment advisor.
  • Significantly reduce the amount of federal estate taxes owed.
  • Assets in your fund grow tax free.
Grant
  • Involve your family members in your philanthropic legacy.
  • Make distributions from your fund to any of your favorite nonprofits, anywhere and at any time.
  • Grants can range from $100 to $1,000,000 or more.
  • Use our online fund management tool to recommend grants from your fund, make gifts to your fund or research giving opportunities.
  • The online management tool keeps your giving history organized in one place. No more storing multiple receipts!
  • There are no requirements for annual minimum grant distribution.
  • Let Community Foundation Tampa Bay handle the accounting, auditing, due diligence, and check writing associated with your foundation.
  • Unlike a private foundation, enjoy the opportunity to gift anonymously if you wish.
  • Funds are easily passed down to successor advisors.
Benefits For Family and Corporate Foundations at Community Foundation Tampa Bay
  • Multigenerational planning.
  • Guided discussions around family philanthropy.
  • Customized philanthropy guided by our team of experts, ensuring your grantmaking is meaningful, strategic, and impactful.
  • Facilitating annual meetings.
  • Opportunities to network with like-minded philanthropists who also have foundations within Community Foundation Tampa Bay.
  • Grantmaking assistance.
  • The ability to brand and promote your foundation in the same way you might a private foundation.
Learn more about other ways to become a fundholder and make a difference with Community Foundation Tampa Bay.
Get Started

Other Giving Solutions

Donor Advised Funds
Endowments
Planned Giving
Scholarships
Critical Needs List
Corporate Philanthropy

FAQs

What additional services does the Community Foundation provide for in-house foundations?

The Community Foundation offers multigenerational planning, guided family philanthropy discussions, grantmaking assistance, facilitated annual meetings, and opportunities to network with other philanthropists. Foundations can also be branded and promoted similarly to private foundations.

What is the minimum contribution required to establish a foundation?

You can establish a foundation with an initial contribution of $100,000. This allows individuals, families, or businesses to create a philanthropic legacy without the complexities of managing a private foundation.

How are foundation assets managed and grown over time?

Your contributions are professionally invested in one of the Community Foundation’s investment pools, or you can continue working with your own financial advisor. Assets in the fund grow tax-free, maximizing your long-term charitable impact.

Can I involve my family or business in the foundation's giving decisions?

Yes! You can name an individual, family members, or a committee as advisors to the foundation. There are unlimited successor advisors, allowing your philanthropic legacy to continue across generations.

How does a foundation within Community Foundation Tampa Bay differ from a private foundation?

A foundation within the Community Foundation Tampa Bay offers the same benefits and prestige as a private foundation but with fewer administrative burdens and costs. The Foundation handles accounting, auditing, compliance, and grant processing, allowing donors to focus on giving.

NewsBrand ToolkitBoard PortalCouncils Portal
Community Accredited Foundation Logo
Family Friendly Tampa Bay Logo
Join our newsletter to stay up to date on features and releases.
Subscribe
Community Foundation Tampa Bay © 2025   |   All Rights Reserved
COMMUNITY FOUNDATION TAMPA BAY IS A PUBLIC CHARITY RECOGNIZED AS A TAX EXEMPT ORGANIZATION BY THE IRS UNDER SECTION 501(C)(3). COMMUNITY FOUNDATION TAMPA BAY MEETS ALL REQUIREMENTS SPECIFIED BY THE FLORIDA SOLICITATION OF CONTRIBUTIONS ACT. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE (800-435-7352) WITHIN THE STATE OR VIA THE INTERNET AT https://www.fdacs.gov/Divisions-Offices/Consumer-Services. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. THE FOUNDATION’S STATE REGISTRATION NUMBER IS CH793.