CFWTN - Advisors

FAQs

Answers to your questions

What is the Community Foundation?
The Community Foundation of West Tennessee is a public charity that is focused on supporting West Tennessee by facilitating and holding donations used to address community needs and support local nonprofits. Our mission is to strengthen the health and well-being of our region by serving as a catalyst for positive changes in the arts, education, healthcare, and other causes.

Why should I recommend the Community Foundation rather than helping my client to create their own foundation or nonprofit?
There are many benefits to starting a fund with the Community Foundation rather than creating a new foundation or nonprofit. Click on the Foundation Fund versus Private Fund link in the Advisors Toolkit for more information.

If the Community Foundation seems like a fit for my client, what types of funds are there?
The Community Foundation has several types of funds available. The most popular options for donors looking to make larger gifts for estate or tax planning are Donor Advised Funds and Endowments. Click on the Donor Advised Fund versus Endowment link in the Advisors Toolkit for more information.

What types of gifts can my client make to the Community Foundation?
Because we are managing a large portfolio of assets, we are equipped to accept gifts in various forms including securities and real estate among others. For full guidance on the Community Foundation’s Gift Acceptance Policy, click on the Gift Acceptance link in the Advisors Toolkit for more information.

Can my client choose different investment options?
Yes, depending on the type of fund they choose to open, our Board of Trustees has developed several different investment options that will promote growth while keeping in mind the donor’s risk tolerance. Click on the Investment Options link in the Advisors Toolkit for more information.

Resources

Advisors Toolkit

For alternative methods of giving such as checks, stock, Donor Advised Funds, or planned gifts, or if you have any questions, please contact us at (731) 984-2140.

Donor Advised Fund vs Endowment

Foundation Fund vs Private Fund

The Community Foundation of West Tennessee allows many of our clients to give where their heart and passions lie. It serves as “a one-stop shop” for managing our client’s charitable giving, offering convenience, flexibility and tax advantages. It offers an immediate tax deduction and gift receipt upon donation, as well as the opportunity to make grant recommendations to the charities they care about and support over time. It’s a great partnership for our clients, charities, the communities involved and the Community Foundation.

The Wehner Darby Group, UBS

Our Partners

Foundation Trusted
Advisors

The Community Foundation values our partnerships with accountants, attorneys, and financial advisors who understand the impact of philanthropy for their clients. This group of respected professionals have been long-time champions of the Community Foundation and its charitable work throughout West Tennessee and beyond.

Join Us

Timothy Wehner

Rainey, Kizer

Reviere & Bell PLC

John C. Wehner, CRPC

The Wehner Darby Group

UBS

Dwight Tomlin

Financial Advisor, The Tankersley Tomlin Lowery Group

Morgan Stanley

Kasi K. Darby, CRPC

The Wehner Darby Group

UBS

Nancy Choate

The Law Office of Nancy L. Choate P.C.

We Can Help

Don’t Do It Alone

Donors look for greater accountability, transparency, and concrete results from the charities they support. You can have confidence when you trust the Community Foundation for your philanthropy that our work, governance, and policies strive for the highest level of transparency and best practices.

We are proud to have earned Guidestar’s Gold Seal of Transparency. GuideStar is the world's largest source of information on nonprofit organizations.

Get In Touch

Beth Koffman, MBA, CFRE

Chief Operating Officer

Advisors

As your partner in charitable giving, we want to achieve success at multiple levels: for you, for your clients, and for the community.

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Starting a Fund

Answers to your questions

What is the Community Foundation?

Why should I recommend the Community Foundation rather than helping my client to create their own foundation or nonprofit?

If the Community Foundation seems like a fit for my client, what types of funds are there?

What types of gifts can my client make to the Community Foundation?

Can my client choose different investment options?