Establishing a corporate advised fund with the Greater New Orleans Foundation is a flexible, convenient way for both public and private companies to give back to the local and international community. Our expert staff works with its corporate partners to develop strategies to maximize impact and assist in the grantmaking process.

It’s usually takes less time and costs less money to establish a corporate advised fund, compared to creating a private corporate foundation. Companies that have a corporate advised fund receive many of the same benefits of a private foundation without the hassles, taxes and legal fees. Corporate advised funds also allow companies to fulfill multiple charitable interests while establishing a charitable legacy.

Companies that work with the Greater New Orleans Foundation receive the following benefits and services:

• Our expert staff can tailor to your company’s charitable and financial needs and interests
• We are able to accept a wide range of charitable donations, including cash, appreciated stocks and other assets
• We can assist with the grants process by doing things such as establishing a contributions committee to review grant proposals, setting up criteria for grants or providing grant guidelines
• We can help your grant make a greater impact by pooling the funds with other gifts and grants
• By using GNOF, you will get the maximum allowable tax advantages for donations
• There will be no federal excise tax on investment income
• No minimum payout requirement
• No separate tax return
• And no legal liability