Private Foundation opts for a streamlined solution
For John Snyder, success is about more than bank accounts and dollar signs. It’s about making the largest charitable impact in the most strategic and efficient way possible. Since its inception in the early 80’s, the Nancy and John Snyder Foundation supported nonprofits that protect our most vulnerable neighbors, particularly those that do so through a faith-based approach. After nearly three decades of managing his private foundation, John began to consider other vehicles for his giving.
Through his research, John discovered that the Community Foundation could help accomplish his charitable goals — without the administrative and compliance burdens of managing a private foundation. In 2015, he converted his family’s foundation into a donor advised fund at NTCF. Grants from the Fund continue to support high-performing organizations addressing critical needs in Tarrant County, such as Catholic Charities of Fort Worth, The Center for Transforming Lives, Presbyterian Night Shelter, Union Gospel Mission, and many more.
“Had I known how easy it would be, I would have converted to a donor advised fund sooner. NTCF’s team took stress off my shoulders and strengthened our charitable giving.” — John Snyder
