Types of Funds

What strategy is right for you? It depends on who you are and what your goals are. We can help you make the most of your charitable giving—whether you’re updating your will, selling a company, memorializing a loved one or simply streamlining your giving.

Types of Charitable Products

Below is a list of all of our charitable products and services for individuals, families, foundations and corporations. Learn how our funds compare with other charitable options with the chart below.

  • Donor Advised Funds

    A simple, flexible and affordable alternative to creating a private foundation. You contribute as often as you like, recommend grants and receive the maximum tax deductions allowed. Our professional and knowledgeable staff handles the administrative duties.

    Donor Advised Funds, our most popular option, allows you to receive an immediate charitable tax deduction and then take the time you need to decide what nonprofit organizations will receive your gift or gifts.

  • Designated Funds

    An easy way to support your favorite charities year after year without having to think about it.

  • Community Fund

    For donors who want their charitable giving to accomplish the most in improving the quality of life by responding to changing and unmet community needs. The donor establishes and names the fund and places the responsibility for selecting the most appropriate organizations with the Community Foundation.

  • Field of Interest Funds

    If your passion is for one or multiple areas like education, arts and culture, the environment and animals, health and human services, religion, or even a geographic area, this is the fund for you.

  • Scholarship Funds

    Make educational goals a reality and let our expert staff handle the details.

  • Corporate Advised Funds

    An easy and efficient way for your company to give back locally–or to communities across the U.S. or abroad.

  • Nonprofit Funds

    A simple and efficient way to build an ongoing source of income for your charitable organization. We manage the assets and reserves to ensure that you continue to serve your community for years to come. Learn more.

The Community Foundation for Brevard Advantage

The Community Foundation is a tax-exempt organization under 501(c)3 of the IRS code; that means funds given to the Foundation, or any of its funds, are immediately tax-deductible to the extent allowable by law.

We can accept complex gifts including publicly traded (or closely held) securities, business interests, real estate, life insurance, gifts through wills and retirement plan assets. Learn more about the types of assets you can donate.