Community Foundations can provide a range of options for established or new Charitable Trusts. You might be considering outsourcing part or all of your grant making, or putting your endowment in professional hands.
Community Foundations are the ideal place to resettle Trusts which have become dormant, or have become too much work to actively manage. Your local Community Foundation can provide a tailored package where your Trust can benefit from their knowledge, reach and expertise.
In New Zealand, where there are increasing issues with Trust sustainability, you may be looking to wind up your Trust and/or find a guardian of the assets so that your Trust can continue to fulfill its objectives.
Either way, Community Foundations have a range of flexible options suited to your circumstances and enable your Trust’s charitable purpose to continue.
See more in Liz Koh’s blog post at the link – “Simple solution as charitable Trusts struggle”