Katie Stauffer was, in her mother’s words, “every parent’s dream.” Gifted...
Private Foundation or Community Foundation
The Lehigh Valley Community Foundation offers an alternative to the expense and administrative burden of creating or maintaining a private foundation. Established foundations can even maintain "foundation" in their names upon transfer to LVCF, thus providing for seamlessness in the recognition of their grantmaking.
A chart of comparisons offers an overview of the similarities and differences between a private foundation and a fund at the Community Foundation.
The transfer of a private fund or foundation to the Lehigh Valley Community Foundation is usually a straightforward matter, involving the formal dissolution of the private foundation and the creation of a fund at the Community Foundation. The resulting fund may be any type, which meets the donor’s charitable goals.