Many companies want to support their local communities but do not have the time, staff, or expertise to handle the many charitable appeals they receive.

Norfolk Community Foundation provides the practical support and advice needed to achieve this through a range of services tailored to match corporate aspirations with the needs of local charities and community groups. There are a variety of options from which a company can choose to channel their charitable funds whilst retaining control and staff involvement.

By setting up a fund within the Foundation, the company maintains direct control of where their funds go and receives full recognition for all donations made. Such a relationship takes away the administrative burden of giving and leaves the company confident that donations are applied to their best effect. All appeal letters are handled by the Foundation, so your company will never have to say no again; if the appeal does not meet your criteria, the Foundation can look for support from another fund under its management.

There are many options available to a company wishing to use the services of Norfolk Community Foundation. These include:

Endowed Funds are permanently invested with the annual income distributed as grants. Funds are invested with regard to growing the value of your fund over time to create an expanding and sustainable source of funds for grant making in perpetuity. An endowed fund is a permanent testimony to a company’s commitment to the community.

Revenue Funds are distributed as grants within a defined period of time, usually annually. A company channels it charitable budget through the Foundation by making an annual donation which is distributed within that year.

The Foundation does levy a minimal annual charge for administering Funds under its management.

Whether an endowed fund or a flow-through fund, there are many different types of fund and many ways of giving tax effectively.

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