There are more than 700 community foundations across the country holding nearly $40 billion in assets. Community foundations act as "savings accounts" for the areas they serve. Earnings from endowment funds and pass-through gifts are distributed to a diverse range of community interests, which include, in the case of the Community Foundation of Greater Jackson, arts and humanities, community building, education, environment, families and children, health, and areas of particular interest to individual donors.
How our community foundation works for you
When you establish a fund with us, whether in your name or anonymously, you create an important and worry-free vehicle for giving back to your community, both now and in the future. We can help you learn more about and contribute to our community's ever changing needs -- as well as to organizations that are of special interest to you anywhere in the United States. We even provide a way for your children and future generations of your family to continue participating in giving decisions. We work with you and your financial advisors to create the best giving plan with maximum tax benefits. You can fully deduct your gift now, yet grant it out over the years as you identify needs. We ensure that your legacy continues to help our community grow as a great place to live, work and raise our families. At the Community Foundation of Greater Jackson we're here for you. For good. And forever.
Leaving your legacy though the Community Foundation allows you to achieve your charitable goals without the administrative burden of maintaining a private foundation. We offer a variety of giving options and tailor them to your unique situation. It would be a pleasure to work with you and your advisor toward fulfilling your charitable objectives and supporting your community.
Giving should be a pleasure! Our expertise ensures you'll experience only the joy of seeing your gift at work.
Three special features of community foundations
One: personalized service. We make giving easy. We accept a wide variety of gifts, including cash, stocks, property, and bequests, and provide donors great flexibility and maximum tax benefits. You may establish an Unrestricted, Field of Interest, Designated or Donor Advised Fund in your name or in the name of a loved one.
Two: local expertise. Our professional staff understands the issues, opportunities and resources that shape our community. We monitor all areas of community need including human services, city and neighborhood development, education, the environment, healthcare, and the arts. We can help you learn more about local agencies and programs that make a difference in areas you care about most.
Three: community leadership. By encouraging permanent endowments, we invest in the long term and bring people and organizations together, convening diverse voices to address local needs and opportunities. Our business is building a vibrant community.
In 2006, the Community Foundation of Greater Jackson was confirmed in compliance with the National Standards for U.S. Community Foundations as certified by the Council on Foundations. The Standards, which cover all aspects of a community foundation’s operations and activities, were adopted by the field in late 2000 to assist community foundations in establishing legal, ethical and effective operating practices that show a foundation’s transparency and financial responsibility in light of the increased public scrutiny of foundation practices. Nearly three-quarters of community foundations nationwide have agreed to voluntarily comply with National Standards, although currently less than a third have fully met all of the requirements and been certified as in compliance. The Community Foundation of Greater Jackson is among those few.
The Community Foundation of Greater Jackson is registered with the Internal Revenue Service and the State of Mississippi (The official registration and financial information of the Community Foundation of Greater Jackson, Inc. may be obtained from the Mississippi Secretary of State's Office by calling 1-888-236-6167. Registration by the Secretary of State does not imply endorsement by the Secretary of State.). As such, all contributions are tax-deductible to the extent allowed by law. The Community Foundation of Greater Jackson is a member in good standing of the Mississippi Center for Nonprofits, Council on Foundations and Southeastern Council of Foundations. Our fiscal year runs from April 1 through March 31, and our financial records are reviewed by independent auditors annually. Copies of our annual federal tax returns and annual audit are available upon request. Our federal tax ID number is 64-0845750.
Click on each of the logos below to visit the sites of these organizations of which the Community Foundation is a member.
