Charitable Planning
The community foundation model was founded in 1914 by estate planning advisor Frederick H. Goff, whose vision was to create a permanent and flexible vehicle for charitable giving that would allow individuals and families to support their communities during their lifetimes and beyond.
In 2005, Darrell Drummond, founder of Drummond and Associates, saw that same need in Lodi. As a trusted financial advisor with deep roots in the community, Darrell recognized the importance of having a local community foundation dedicated to working alongside individuals, families, businesses, and their advisors to create lasting legacies that strengthen the Lodi community.
Like many advisors who build long standing relationships and understand the personal and financial dynamics of the families they serve, Darrell established the Lodi Community Foundation with the support of clients and community leaders who wanted a trusted vehicle to fulfill their charitable goals now and for generations to come.
Partnering with You to Serve Your Clients
Lodi Community Foundation partners with financial advisors and estate planning attorneys to simplify charitable giving, enhance tax planning strategies, and help clients make meaningful, lasting impact. We understand the local nonprofit landscape and community needs, and we provide charitable expertise that supports your client relationships.
Our role is to strengthen the services you already provide. There is no cost to you, no pressure on your clients, and no competing agenda. We are simply here to work alongside you.
Benefits of Working with Lodi Community Foundation
- Community Insight. We maintain regular contact with local nonprofits and community leaders, giving your clients access to current knowledge about the causes they care about.
- Personalized Philanthropic Planning. We work with you to structure giving solutions that align with your clients’ values, financial plans, and tax strategies.
- Investment Management. Clients benefit from a professionally managed, diversified investment portfolio overseen by an experienced firm.
- Complex and Non-Cash Gifts. We accept gifts of appreciated securities, real estate, and other non-cash assets, and can assist with trust administration and private foundation transitions or terminations.
- Tax Efficiency. In most cases, contributions to LCF receive maximum federal and state tax advantages available under current law.
- Stewardship and Compliance. We conduct due diligence on recipient organizations, ensure IRS compliance, and preserve donor intent in perpetuity.
- Flexibility. While we prioritize the greater Lodi area, we can facilitate grantmaking to qualified charities nationwide.
- Fund Options. We offer Donor Advised Funds, Field of Interest Funds, Designated Funds, Scholarship Funds, and other charitable vehicles tailored to your clients’ needs.
Let’s Start a Conversation
We understand these are long term relationships, and we value building a long term relationship between the Lodi Community Foundation, your firm, and your clients. LCF will be here for the long haul to address the most pressing needs of the community at any given time. Just as we establish charitable funds designed to stand the test of time through thoughtful fund structures and investment strategies, we want those same trusted relationships with the advisors serving clients who care about the greater Lodi area to remain in place for generations.
We would love to meet with you to answer your questions and discuss your goals so you can take the next steps in supporting your clients’ charitable goals with clarity and confidence. Contact us and a member of our team will follow up.
Supporting the work of the Foundation or donating to one of our many funds is just one click away. Have your VISA or Mastercard ready to make a safe and secure tax-deductible donation today.