A Tool for Community Foundations, Museums, and Public Charities to Attract and Retain Gifts of Art, Rare Books, Religious/Historically Significant Artifacts, and More
Community foundations, museums, and public charities in general, particularly those that operate and administer donor-advised funds at scale, should consider designing “special purpose supporting organizations” to expand their philanthropic reach and attract donations of art, rare books, or religious/historically significant artifacts. These public charities should further consider holding and administering these donations through donor-advised funds, using the special purpose supporting organization as the sponsoring organization, as a means of keeping collectors-turned-donors engaged beyond their initial contribution.
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