Turnkey Family Foundation Program

What We Can Do for You

Like geese that lay golden eggs, we create foundations that benefit society in perpetuity

At the American Foundation, our knowledgeable staff is dedicated to creating the most beneficial scenario for both donors and charities. We want to make the entire process enjoyable and simple by offering the following benefits and services free of charge:

1) Our Gift-Planning Expertise
We help with the preparation, review, and implementation of all types of charitable trusts and other major gift plans that can fund your family foundation. We handle the details, making the process easier for you, by:

• Working closely with your professional advisors to ensure proper planning
• Providing ongoing tax and charitable planning
• Accepting many different types of assets for gifting purposes, including cash, stocks, real estate, business interests and other properties
• Assisting with the design of trusts and family foundation plans tailored to your unique needs and objectives
• Providing prototype documents for all gift plans and charitable trusts

2) Charitable Grants
We process all charitable grants:

• Review and verify the charitable status of recipient charities
• Assist in the calculation and issuance of grants to charities

3) Investment
Our goal is to maximize growth and return of foundation investments. To that end, we:

• Implement prudent, yet highly successful, investment strategies
• Welcome the opportunity to engage the services of your recommended financial and investment advisors
• Monitor investment activity for compliance with IRS regulations and trust document guidelines

4) Education and Reporting
We provide:

• Semi-annual reports on trust and foundation performance
• An annual year-end letter, including any K-1 report issued by charitable trusts
• Periodic updates on tax changes and new planning techniques

5) Accounting and Taxes
Our accounting department:

• Issues a gift receipt to donors
• Calculates the appropriate charitable grants and income distributions from trusts and family foundations
• Will assist selected CPAs with the preparation of foundation audits and/or trust tax returns

Becoming a Member of
the American Family of Foundations

The American Foundation is developing an expanded national network of foundations that we call The American Family of Foundations. With this network of family, community, corporate, and international foundations, we help member foundations cooperate with one another and correlate their efforts, resulting in more effective philanthropy. We understand the value of working together for the common good.

Just as "families" of mutual funds give investors an opportunity to accomplish many different investment goals within an extended group of funds, our family of foundations offers every opportunity imaginable for improved charity and philanthropy.