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There are no start-up costs to establish your organization’s fund.
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A fund can be started with as little as $10,000.
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We are committed to complete transparency and disclose all fees associated with the investment and management of the fund.
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Your organization benefits from being invested in a well-diversified portfolio that has consistently outperformed its benchmarks.
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You have the flexibility to choose to reinvest all or part of the income generated by your endowment fund in years when it may not be needed, so the fund can grow further.
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All gifts to your fund are restricted for your organization’s use only. We send all IRS required tax acknowledgement letters to donors who contribute to your organization’s fund through the Community Foundation.
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We can accept, into your fund, a wide variety of assets, including appreciated stock and real estate, and can facilitate even the most complex forms of giving.
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Through their estates, your donors can establish a fund at the Community Foundation to provide a perpetual source of support for your organization.
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Your organization’s fund receives exposure in the Community Foundation’s Annual Report, reaching more, and perhaps different, donors than on your list.
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The fund may also be featured as an “open fund” on the Community Foundation’s homepage, offering an opportunity for accepting gifts on behalf of your organization’s fund.
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We make available to you the results of our annual audit through which our independent auditor annually verifies the accuracy of our financial records and the strength of our internal controls.
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Establishing your endowment at the Community Foundation may simplify your Form 990 reporting.
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Our professional and experienced staff will be available to your organization to provide technical support and respond to your questions. |
