What We Can Do for You

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

At The American Foundation of Utah, 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 Charitable Giving Program
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 you and/or your professional tax advisers to ensure compliance with IRS guidelines;
• Providing ongoing charitable gift-related tax information;
• Accepting many different types of assets for gifting purposes, including cash, stocks, real estate, business interests and other properties;
• Assisting with the suggested design of trusts and family foundations tailored to a person's unique needs and objectives;
• Providing compliant foundation 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) Investments/Charitable Account Management
Our goal is to achieve above average rates of growth and/or income on foundation assets and charitable accounts. To that end, we:

• Implement sound investment strategies using what is called the Investment Advantage™ approach;
• Monitor investment activity for compliance with IRS regulations and trust document guidelines;
• Implement other innovative programs that achieve growth and/or income to foundation assets and charitable accounts.

4) Education and Reporting
We provide:

• Annual reports on trust and foundation performance;
• Periodic reports as may be requested by a donor.

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 foundation accounts;
• 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 of Utah 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.

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