Our number one goal at the Community Foundation of Washington County is to make philanthropic giving easy and effortless for our donors. To fulfill this commitment to our donors, we provide the following donor services for each donor who establishes a fund with the Community Foundation of Washington County:
Annual Financial Reporting:
On an annual basis, at the anniversary of the creation of a donor’s fund, you will receive a financial report on the investment returns and grantmaking activity of your fund. We maintain a complete history of your grantmaking in your file for your convenience and reference, when needed. By managing accounting and recordkeeping for your fund, we relieve you of administrative tasks and IRS reporting.
The Community Foundation of Washington County verifies all grant distributions through a rigorous due diligence process, ensuring that the recommended nonprofit is a registered public charity under Section 501(c)(3) of the Internal Revenue Code.
Donor Recognition or Donor Anonymity:
When you make a gift from your fund, an award letter recognizing you by name as the donor is generally sent to the grantee organization. However, if you wish to remain anonymous, we will ensure that your identity is kept confidential.
Professional Investment Management:
The Community Foundation of Washington County has partnered with Smith, Shellnut Wilson to provide our donors with the expertise needed to capitalize on investment opportunities, maximizing the potential of your investment. This allows you to give back to your community in an even greater way.
Fund Administration and Reporting:
We manage all donor funds according to the highest standards of accountability. An annual audit is conducted to provide oversight and ensure all appropriate standards are adhered to by the Foundation.