EBCF Philanthropic Services Presented to EPC Diablo Valley Nicole Taylor, President & CEO November 16, 2011

Community Foundation Legacy In 2012, will celebrate 100 years of community trusts/foundations in US EBCF is the oldest California community foundation founded in 1928 Primary role is to strengthen communities via grant making AND working with constituents in providing philanthropic advice and services. Bay Area has 4 large and 6-8 smaller CFs and they do overlap their service areas Most CFs have a variety of fund types 2

EBCF Development/Philanthropic Services We group our clients into a few scenarios: Wealth Incident / Healthy Business Planned Gifts / Testamentary Funds Multi-Generational Family Philanthropy We offer several ways to organize philanthropy: Supporting Organizations Donor Advised Funds, B of A Merrill Lynch DAFs Field of Interest Funds Agency Funds 3

Wealth Incident / Healthy Business Types of Events  Selling a business  Appreciated stock  Business success leading to entre into philanthropy  Tax planning  Inheriting wealth 4

Planned Gifts / Testamentary Funds Long term tax planning (CRT, CLT, bequests, …) Documentation of donor intent; with or without successor advisors Initial contribution to set-up; small change fee in future if interests change Perpetual or term charitable endowments Beneficiary of trusts Unrestricted gifts to support the work of EBCF 5

Multi-Generational Family Philanthropy Vision and values facilitation Giving framework Formal giving plan Succession planning for family philanthropy Measuring success and impact 6

Options for Organizing Philanthropy Supporting Organizations  $5MM minimum  Incorporated nonprofit with a board of directors  Supports EBCF mission DAFs  $10,000 minimum to open  Broad or specific purpose, common entry to philanthropy  Specific services for corporate/business clients BAML DAFs  Collaboration with BAML and Community Foundations nationwide  $25,000 minimum to open 7

Options for Organizing Philanthropy (con’t) Field of Interest (FOI) Funds  Multiple donors supporting defined cause  Managed by community foundation staff  Examples: Asset Building Fund – Supports financial skill building for families in our foreclosure pilot program East Bay Fund for Artists - Supports commissioning of new performance art by local artists Agency Fund  Usually endowment building for nonprofits 8

Private Foundation Services Philanthropic Advice and Services  Expertise establishing grantmaking programs, identifying effective nonprofits, evaluating impact  Proposal-based projects  Leverage DAFs for 5% payout requirement  Leverage FOI funds/collaborations - network with other foundations, education on key community issues 9

THANK YOU! For More Information Giles Miller, Director of Development (510)