Why Through HCF?
What Makes HCF Different that other Donor Advised Funds?
Charitable funds are available at a number of institutions, but not all funds are alike. Many funds are sponsored by financial services companies, which limit your choices. But Hudson Community Foundation is truly independent. We don’t sell products, our independence gives you – and your financial advisor – maximum objectivity. And unlike most other programs, HCF encourages your family to be involved with your charitable giving. In fact, we have donors who have set up funds in their family’s name, making it a point to involve their children and grandchildren when selecting charitable causes. We can’t think of a better way to pass along your values of giving back.
The Satisfaction of a Well-Made Plan
However you approach setting up your fund at HCF, you will enjoy knowing that you can do so in your name or the name of a loved one. Set-up is quick and easy and you can keep your trusted Financial Advisor with your charitable account.
You will know that administrative and investment management costs have been minimized so that the gift you have so generously entrusted will have maximum impact over time.
But, perhaps most importantly, you will have the special satisfaction of knowing you have done your part to make the world a little better. Or, simply put, that your life’s efforts have made a difference.
Hudson Community Foundation enables simple, smart and meaningful family philanthropy. Although HCF is itself a public charity, it does not promote any one charitable cause. Rather, HCF is committed to expanding the capacity of family philanthropy - no matter where you lives. With us, your trusted professional advisor can manage the charitable investments of your fund, regardless of the account size. The fund can be as large as you choose, with a minimum of $5,000. Grants can be made to any tax-exempt public charity anywhere in the country.
We offer several advantages, to name a few:
Simplicity – A charitable fund with us is an easy, low-cost alternative to forming and administering a private foundation.
Tax Benefits – We offer maximum federal and state tax benefits.
Flexibility – We accept a wide variety of gifts and have a number of fund options to fit your charitable needs.
Community Impact – We are deeply involved with the needs in the community and can direct gift dollars to high-impact areas. Although, you do not need to live in Hudson as we do not restrict grants to a geographical area. You can give to the organizations that matter most to you anywhere in the country.
Stability – Our standards for investment performance, donor services and grantmaking are published and publicly available. The Hudson Community Foundation has been a trustworthy steward of charitable gifts since 2000.
Transparency – The administrative fees assessed by the Hudson Community Foundation are available at your request. Investment evaluation of performance are overseen by our Investment Committee of current board members and community leaders with expertise in investment analysis.