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i \ <br /> • <br /> BENEFITS TO DONORS <br /> The most significant benefit to donors is the satisfaction of fulfilling their charitable goals. By making gifts <br /> to the Foundation, donors can be certain their gifts will be put to good use in the community for the purposes <br /> intended. <br /> ADDITIONAL BENEFITS INCLUDE: <br /> PUBLIC ACCOUNTABILITY —A primary objective of the Foundation is to ensure that contributed funds <br /> are used in accordance with the donor's direction and in the public interest. An independent professional <br /> audit is made annually. All grants are publicly disclosed. Donors will not be named if they request <br /> anonymity. <br /> PROFESSIONAL MANAGEMENT — The Foundation provides a high quality, efficient level of <br /> administration and management that individual trusts or smaller foundations may not economically obtain. <br /> INVESTMENT — Funds are invested as part of a pool of hundreds of millions of dollars and are provided <br /> professional investment management as well as substantial economies of scale compared to a smaller <br /> investment pool. <br /> SIMPLICITY — A gift to the Foundation simplifies charitable giving. One contribution can be used to <br /> address a number of different community needs and benefit many charitable organizations. All record <br /> keeping and tax reports are handled by the Foundation. <br /> FLEXIBILITY — If a charitable organization ceases to exist or if the intended purpose of a donor's gift <br /> becomes unnecessary, the Foundation will ensure that the gift continues to be used for purposes which are <br /> consistent with the donor's intentions. Also, the size of a fund can be increased at any time through <br /> additional gifts. <br /> PERPETUITY—A primary objective of the Foundation is to generate permanent charitable funds that will <br /> continue to provide benefits for the donor's community today and for years to come. <br /> TAX TREATMENT — Contributions to the Foundation qualify as contributions to a public charity for <br /> maximum deductibility for income,gift and estate tax purposes. <br /> DONOR RECOGNITION—Donors can name their funds after themselves,their families,or another person <br /> or place of their choosing. Some choose to identify a loved one, a friend, an organization or a family <br /> member. If desired,funds can remain anonymous rather than be named. <br />