Create Community Partnerships with Foundations

The largest transfer of wealth in the world is underway and without a structure to effectively raise capital you're missing out on it. theFranaGroup can help you create a foundation to capitalize on local, state and national charitable giving.

Thirteen Reasons to Have Your Own Foundation

1. Federal earmarks are going to be increasingly difficult to obtain.
2. Funds raised through foundations can't be counted as program income.
3. A separate board of directors is formed; its sole purpose is raising money
for your organization.
4. A separate fund raising staff is created to concentrate on raising money.
5. Disallowed Medicare "marketing costs" can be part of the foundation's budget.
6. The foundation can build greater community visibility for your organization.
7. The foundation can conduct capital campaigns.
8. Foundation funds can cover renovation costs and capital expenses, eliminating
any issues of federal incident of ownership of corporate assets.
9. An endowment fund can be established to create wealth for future stability.
10. A scholarship fund for employees' children can be created and used
as a retention tool and annual public relations event.
11. You can have an annual staff campaign along with a United Way campaign.
12. Deferred giving programs can be carried on by the foundation, creating
future streams of charitable income.
13. The foundation and your organization, if structured properly, have separate
audits and file separate IRS Form 990s.