Making An Impact
We know that businesses want to support their local community, but often other demands on your time mean it is a struggle to respond to all the requests you receive from local nonprofit organizations. Partnering with the Mankato Area Foundation (MAF) through a Corporate Advised Fund is a great way to ensure that your good intentions deliver real impact and help those most in need.
MAF can help your business manage its corporate philanthropy within the communities you serve. Using first-hand knowledge and specialized, cost-effective services, we allow companies to do what they do best—with the assurance that their philanthropic efforts will be carefully invested for the greatest possible impact
Research shows that corporate philanthropy can have a significant impact on growing businesses. Here is a list of five of the most powerful benefits to be gained through corporate philanthropy:
- Demonstrates company values
- Creates purpose
- Increases engagement for customers and employees
- Boosts employee morale
- Attracts new talent
Giving Looks Good on Us
The Mankato Area Foundation offers personalized services to help your company plan, govern and operate your community philanthropy. We can help you develop a giving program tailored to your company’s interest areas and giving priorities. MAF staff can also assist with the management of corporate foundations through customized philanthropic services.
Contact Nancy for more information on how MAF can help you meet your corporate philanthropy goals.
Establishing a Corporate Advised Fund
Our services can be tailored to meet the specific needs of your business.
How to Get Started
- Create a fund by making a tax-deductible gift to the Mankato Area Foundation.
- Give the fund a name of your choice.
- We work with you and your team to design a grantmaking strategy and process.
- You recommend grants to support nonprofit organizations of your choice.
- The Foundation issues the grant checks and maintains the records.
How It Works
Our MAF behind-the-scenes team is available to provide a range of grantmaking and administrative support such as:
- Press releases and marketing of your fund
- Access to our online donor portal and granting software
- Fielding phone calls from grant seekers
- Receiving and reviewing grant requests
- Identifying qualified applicants
- Preparing and sending award letters, agreements and
- Notifying organizations whose proposals are declined
- Maintaining a database of all grant requests, grant awards and status
- Providing grant recommendations
Your giving can be highly personalized. We can create a custom web page, fund logo and letterhead with your organization’s name to accompany your grant checks.
Continuing its Commitments
The Mankato Area Foundation has helped the Consolidated Communications Community Fund continue providing grants to local organizations.
Amid all the changes that John Finke was thinking about when Enventis was purchased by Consolidated Communications in 2014 was the question of what to do with the company’s foundation. Learn More