Financial Advisors

If you work with philanthropic families or companies, we can help you understand and assess tax-saving options to make the most of your clients’ charitable giving, while at the same time maximizing your business with your clients.

In addition, you will be connecting your clients with the most trusted leader in the philanthropic field. We are recognized for our ability to handle challenging charitable transactions and for our in-depth knowledge of charitable giving. Instantly you and your client will have access to a staff of professionals who will make sure each charitable investment provides the greatest emotional, civic and financial benefit possible.

The Long Beach Community Foundation is a public charity, so your clients will receive the maximum tax deduction allowed by law, avoid capital gains tax and may be eligible to receive a lifetime income stream. We look at each donation individually and create giving plans that maximize gifts to the community and provide bottom-line benefits to the donor.

Most Requested Documents

Find all of the most requested documents and information requested from our professional advisor partners are listed below.

  1. Employer Identification Number: Long Beach Community Foundation – 20-5054010
  2. How to Contribute to Your Fund
  3. Donor Advised Fund Agreement
  4. MOPI (Memo of Philanthropic Intent)
  5. Suggested Language for Legacy Plans

FAQ’s

Yes.  Our role is to help donors create funds that carry out their charitable goals in Long Beach or anywhere in the United States. LBCF donors have the ability to recommend grants to organizations across the country.

No, a grant can be made in any amount.

Yes, however if the donor does not name a successor, or after the successor's passing, the Community Foundation will continue to award the funds in accordance with your client's documented wishes.

The Long Beach Community Foundation has the ability to accept a range of assets including:

  • Cash equivalents
  • Stocks and bonds
  • Business interests
  • Real estate
  • Personal property
  • Life insurance policies
  • Retirement account assets

The minimum for establishing most funds with the Long Beach Community Foundation is $2,500. Agency and Scholarship funds require larger minimums. There is no minimum to donate to existing funds once established.

The Long Beach Community Foundation offers the maximum charitable tax advantages available by law. Community Foundations are not subject to the taxes and regulations affecting private foundations and have increased flexibility. For example, there is no annual granting requirement.

Yes, if your clients:

  • Are thinking about creating a private foundation, but are concerned about the cost and complexity
  • Want to receive the maximum tax benefit
  • Is someone who gives to more than one charitable cause
  • Are interested in creating a legacy
  • Cares about their community

(Header photo courtesy of Nancy Foster. Used with permission)