Donor privacy: Ongoing concern for a common client priority
In an era of social media and intense polarization of rhetoric, it’s no wonder so many charitable individuals and families choose to give to their favorite causes anonymously. And, bolstered by the United States Supreme Court’s decision last month in favor of donor privacy (affirming a position advocated by parties across the political spectrum), this trend is likely to continue.
At YouthBridge Community Foundation, we make it easy for you to help your clients who wish to give anonymously by establishing a charitable giving fund. For example:
- Your client can select a name for the fund that is something less obvious than their own. For example, instead of the “Sam and Vera Barker Fund,” your client can name the fund the “SVB Fund,” “Desert Family Legacy Fund,” or whatever the client would like.
- Sometimes your client will wish to recommend that certain grants (but not all grants) from a fund be issued anonymously. YouthBridge offers your clients the ability to opt into anonymity on a grant-by-grant basis.
- Your client can rest assured that no solicitations will flow directly to them; YouthBridge handles all correspondence related to nonprofit grants from the fund.
- YouthBridge does not disclose information about your client or the fund to any third party, nor is detailed information available through a Form 990.
This article is provided for informational purposes only. It is not intended as legal, accounting, or financial planning advice. If you have any questions or would like to discuss your giving strategy, please contact us.