STW Development Foundation Helping Businesses
Businesses are often inundated with requests for contributions, which may result in an unfocused program of corporate giving. Donations may depend upon the executive being contacted by a particular charity and, therefore, may vary from year to year. Some businesses may be unsure of the charitable dollars they will have available. In addition, a business may wish to focus on a particular community problem but discover that the administrative time and effort required to do so are cost-prohibitive. By setting up a fund within the Southern Tier West Development Foundation, businesses can simplify and focus the giving process. Staff is freed from the administrative details of charitable giving and may choose their level of involvement in grant making. Foundation staff members provide technical assistance and grantmaking services at a low cost and handle all administrative paperwork, check writing and investment oversight. Ideally, the corporation will be able to expand its giving programs without increasing staff commitments.
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