In Youngstown: 201 E Commerce St., Suite 150 - Youngstown, OH 44503 • P: 330.743.5555 • F: 330.743.1802
In Warren: 147 W. Market St. - Warren, OH 44481 • P: 330.469.6832 • F: 330.394.5601

Professional Advisors

Professional advisors have played a key role in increasing the Mahoning Valley’s philanthropic resources by working with clients to achieve their charitable goals. Encouraging philanthropy benefits advisors by fostering goodwill and adding value to client relationships.

Clients who become donors realize a variety of benefits which may include tax savings, peace of mind and the satisfaction of supporting their favorite charitable cause. The community benefits as a whole through the strength of the advisor/client/philanthropist relationship.

Client Benefit

The Community Foundation provides numerous advantages to your clients, including real ways for them to stay engaged in giving while avoiding many of the hassles of private foundation management. Because The Community Foundation is a 501(c)(3) public charity, donors receive the most valuable tax benefits available under law for their charitable contributions—for both income and estate tax purposes.

  • Gifts of publicly traded securities are generally deductible at 100% of the fair market value, including capital gain, up to 30% of the donor’s adjusted gross income (with a five-year carry forward), while gifts of publicly traded securities to a private foundation are only deductible up to 20% of the donor’s adjusted gross income (with a five year carry forward).
  • Gifts of cash are deductible up to 50% of the donor’s adjusted gross income (with a five year carry forward), while gifts of cash to a private foundation are only deductible up to 30% of the donor’s adjusted gross income (with a five year carry forward).
  • Gifts of private assets (e.g. real estate, private company stock) are deductible at their fair market value up to 30% of the donor’s adjusted gross income (with a five-year carry forward), while gifts of private assets to a private foundation are only deductible at the contributor’s tax basis up to 20% of the donor’s adjusted gross income (with a five-year carry forward).
  • Gifts from a donor’s estate are generally 100% deductible for estate tax purposes with no limitation.

If you are looking for additional information, or a handout to use with your clients, please feel free to download our brochure for Professional Advisors.

We welcome the opportunity to consult with you and any clients who would like to discuss their charitable planning options. Our desire is to help you find the solution that works best for your client. If you have questions, please contact the Foundation at 330.743.5555.