Corporate Division


In 2003, the Board of Directors of the Community Foundation of Warren County established a Corporate Division to broaden its investment options while still retaining its original Trust Division. 

All aspects of these two separate divisions are the same with the exception that the corporate structure allows the flexibility of changing investment managers if, in the opinion of the Board of Directors, it is warranted. The responsibility of investment management of all assets that reside in the Trust Division remains with the original trustee bank and its successor banks. Currently, most of the assets in the Corporate Division are in the form of Donor Advised Funds. However, any of the other types of funds that are managed in the Trust Division may be managed similarly under the Corporate arm. 


An individual may choose from the following types of funds:

    1. Unrestricted
    2. Field of Interest 
    3. Donor Designated 
    4. Donor Advised 
    5. Geographic 
    6. Scholarships Agency Endowments 
    7. Life Income and other Planned Gifts
      • Charitable Gift Annuity Trust
      • Charitable Remainder Annuity Trust (CRAT)
      • Charitable Lead Annuity Trust (CLAT)
      • Life Estate
      • Life Insurance
Also, the opportunity for new funds to be established for those with special situations are available in both Divisions. These situations would include:

    •  Transferring the responsibilities of operating a private foundation to a trust in the Community Foundation
    •  Forming a Supporting Organization within the Community Foundation
    •  When one owns a closely held business and desires to establish an everlasting fund for a designated organization or another specific purpose
    •  When the client is a corporation or an individual and desires to establish an everlasting fund for a designated organization or another specific purpose
An individual may invest any of the following types of assets in either of the Community Foundation of Warren County’s Trust or Corporate Divisions. Due diligence on the part of the Board of Directors will be practiced appropriately regardless of which division you choose to place your assets.

Types of assets eligible for charitable gifts

    1. Cash
    2. Appreciated securities
    3. Mutual Funds
    4. Real estate
    5. Tangible personal property
    6. Life insurance
    7. Qualified retirement plan asset