Professional Advisors

Achieve your client's financial and philanthropic goals, strengthen the relationship with your client, and open doors with charitable giving conversations.

Professional advisors can offer clients many alternatives, in addition to tax-advantages, by working through Community Foundation of Acadiana (CFA) verses commercially charitable funds and private foundations. Click here to discover the benefits of working through CFA.

CFA partners with professional advisors by offering many tools for developing a charitable plan that achieves their client's philanthropic and financial goals.
From retirement assets, to property, to trusts -- we offer clients the ability to leave a legacy.

Why Give Through Community Foundation of Acadiana?

Maximum tax advantages
Opening a Fund is Simple
Meet with clients to determine which type of Fund is right for their philanthropic goals
Help our clients grow their Fund
Assist the client with giving complex gifts

Offer expertise on community needs
Preserve our client's wishes in perpetuity
Provide regular statements on Fund activity
Offer efficiency through administrative services

Donald A. Capretz, A Professional Law Corporation

“For charitably inclined clients, we discuss various options which includes the advantages of using Community Foundation of Acadiana (CFA). CFA is considered a public charity created by and for the people in our regional area which means:

Gifts to it are tax-deductible to the maximum extent allowed by law
CFA is exempt from excise tax and is free of many of the administrative costs and restrictions applicable to private foundations
Often the associated accounting, tax and legal expenses are less using CFA rather than a private foundation
The minimum annual distributions of private foundations is roughly 5% of the average monthly fair market value of assets whereas CFA does not have this 5% yearly distribution requirement

Using a donor-advised fund at CFA, you can make a donation to your fund, receive a tax deduction in the year of the donation and then you and your family may suggest the charity (charities) to receive those funds in future years. CFA may make grants to any 501 (c) (3) charity in the United States. CFA is a valuable tool for the client who has philanthropic goals."

Comparing Four Approaches to Giving: Discover the benefits of working through CFA

ITEMS TO CONSIDER	CFA Charitable Savings Account	Commercial Gift Fund (e.g. Fidelity, Vanguard et al)	Family Foundation Alternative (Supporting Foundation)	Private, Family Foundation
Donor Involvement	Donor recommends grants to qualified nonprofit groups. Grants are approved by community foundation board of directors.	Donor recommends grants to qualified nonprofi groups. Grants are approved by trustees of the gift fund.	Community foundation and donor work together to appoint board. Supporting Organization board often controls investments and grantmaking.	Donor appoints board, which controls investments and grantmaking.
Tax Status	Public charity.	Public charity.	Public charity.	Public charity.
Income Tax Deductions for Gifts of: Cash Appreciated publicly traded stock Real estate and closely held stock	Up to 50% of adjusted gross income. Fair market value up to 30% of adjusted gross income. Fair market value up to 30% of adjusted gross income OR cost basis up to 50% of adjusted gross income.	Up to 50% of adjusted gross income. Fair market value up to 30% of adjusted gross income. Fair market value up to 30% of adjusted gross income OR cost basis up to 50% of adjusted gross income.	Up to 50% of adjusted gross income. Fair market value up to 30% of adjusted gross income. Fair market value up to 30% of adjusted gross income OR cost basis up to 50% of adjusted gross income.	Up to 30% of adjusted gross income. Fair market value up to 20% of adjusted gross income. Cost basis up to 20% of adjusted gross income.