Helping Your Clients

Client Case Studies

At Madison Community Foundation, any philanthropic goal can be fulfilled.

Read about how legacy giving was facilitated by area advisors for their clients, and then call us to develop a plan tailored to the wishes of your client.

Bequest Creates Donor Advised Fund

The donor’s two children will advise annual distributions from the fund. One daughter has lived in Portland for many years and will likely advise distributions to projects and organizations she is involved with in that area. The other daughter lives in the Madison, and will continue to give to her mother’s favorite charitable causes in the arts, environment, and early childhood education.

IRA Designation Creates Donor Advised Fund

The donor’s bequest immediately distributed the following: 1) A variety of small, one-time gifts to 20 different Wisconsin and national charities, 2) A distribution to the UW Foundation to create a new scholarship in the donor's name; and 3) A distribution to establish a scholarship fund to be managed by MCF, with an annual award provided to a Middleton High School student. The remaining funds created a permanent endowment to be advised by the donor's three adult children.

Life Insurance Designation Creates Donor Designated Funds

The donor’s bequest was divided into three parts to create permanent endowment funds for three different organizations: 1) A local church, 2) A national children's health organization, and 3) An orphanage in Colorado where the donor was raised.

Bequest Creates Field of Interest Fund

The donor’s bequest created a field of interest fund that makes grants to support neighborhood and community centers in Madison. Grants are recommended by MCF staff and approved by the MCF Board of Governors. Grants from the fund have been used to support capital campaigns, technology equipment, food pantries, and youth programs at the community centers.

Bequest Creates Community Impact Fund

The donor’s bequest created a permanent endowment fund, named after the donor, which supports MCF's competitive and proactive grantmaking. Since the fund was established in 1991, grants have totaled 125% of the original gift.

Retirement Plan Assets Create Designated Passthrough Fund

The donor’s bequest was added to his existing passthrough fund. Each year, 20% of the current balance of the fund will be distributed to 30 different organizations in proportions established by the donor. When the fund balance falls below a defined amount, the entire balance of the fund will be distributed at that time. MCF reports on distributions made on an annual basis to the donor’s son. If any of the named organizations cease to exist, MCF, in consultation with the son, will direct the share of the annual distribution to another organization with a similar mission.

Community foundations are flexible and long term. If a donor wants to give back to their community, that’s the vehicle.”

– Carol Toussaint, donor, Legacy Society member

To help your client leave a legacy, visit our Legacy Giving page