Comparative Giving Chart

Arlington Community Foundation

Private Foundation

Start-up Costs

None

High start-up cost. (For legal expenses, accounting expenses and filing fees.)

Staffing and Administrative Requirements

Handled by the staff at the foundation, at a cost of 1.25%.

High personnel and office costs,

Federal Excise Tax

No excise tax.

Up to 2% annual excise tax.

Payout Requirement

None annually, distribution relies on advisor.

5% annually.

Tax Deduction

^1. Cash - Up to 50% of adjustable gross income.

^2.Publicly Traded Securities - Fair market value up to 30% of adjustable gross income.

^3.Real Estate, Securities, Etc. - Fair market value up to 30% of adjustable gross income.

^1.Cash - Up to 30% of adjustable gross income.

^2.Publicly Traded Securities - Fair market value up to 20% of adjustable gross income.

^3.Real Estate, Securities, Etc. - Fair market value up to 20% of adjustable gross income.

Giving Record

Anonymity can be requested.

Anonymity can be requested, IRS Form 990-PF lists officers, directors, and trustees.