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Start a Charitable Fund

Giving Starts with a Conversation

Every fund at Central Carolina Community Foundation is tailored to the donor's charitable goals. Whether you already know exactly what you’d like to accomplish or you’re just beginning to explore your options, our team will guide you through the process and help you choose the approach that is right for you.

Talk With Our Team

How It Works

It Starts with a Conversation

We'll spend about 30 minutes learning about your interests, answering your questions, and explaining your options. There's no obligation.

Choose the Right Fund

We'll help you identify the fund that best supports your charitable goals. If you work with an attorney, accountant, or financial advisor, we're happy to partner with them to help make the most of your charitable giving.

Establish Your Fund

We'll prepare the simple documents and guide you through making your initial gift.

Start Making an Impact

You can begin supporting the causes and organizations that matter most while we handle the administration.

Ready to Begin?

Whether you're ready to establish a fund or simply want to learn more, we'd love to talk with you. Call 803-254-5601 or email advancement@yourfoundation.org.

As your foundation, we can:

  • Help you explore charitable opportunities and make informed giving decisions

  • Connect with donors, community leaders, and collaborative opportunities

  • Handle the administration of your grants, scholarships, and charitable fund

  • Work with you – and, if you choose, your professional advisors – to maximize your charitable giving.

  • Help you build a charitable legacy for your family and future generations.

Learn About the Assets We Accept

Types of Funds

We offer a variety of funds for individuals, families, businesses, and community organizations. Our team can discuss these options with you and help you select the fund that matches your charitable giving priorities and financial goals

Donor Advised Fund

With one donation–and only one tax receipt–you can recommend grants to various charitable organizations. When you contribute cash, securities, or other assets, you are generally eligible for an immediate tax deduction. Funds can be invested for tax-free growth and can be endowed or non-endowed. The minimum to establish a Donor Advised Fund is $10,000.

Designated Fund

You can choose one or several organizations to receive grants automatically from the fund every year in perpetuity. A hands-off approach to giving, the Foundation manages the fund and distributes your grants. The minimum to establish a Designated Fund is $10,000.

Field of Interest Fund

With this fund, you support community needs by focusing on an area of interest such as the arts, education, human services, or youth. Grants are distributed through a competitive process managed by the Foundation. The minimum to establish a Field of Interest Fund is $10,000.

Scholarship Fund

You provide high school seniors and college students the opportunity to pursue their dreams while achieving your own charitable goals. Many scholarship funds are set up in honor of or in memory of loved ones. The minimum to establish an endowed Scholarship Fund is $100,000.

Nonprofit Fund

Specifically for nonprofit organizations, Central Carolina Community Foundation provides a simple way to establish a fund that provides a source of revenue. The organization can withdraw money throughout the fiscal year or leave their dollars invested, where they will continue to grow. The minimum to establish a Nonprofit Fund is $50,000.

Corporate Fund

Corporations can establish a fund to respond to community needs. Grants that align with the corporation’s philanthropic goals are awarded to nonprofits. The Foundation manages the competitive application process. The minimum is based on criteria of the specific fund.

Legacy Fund

You can include Central Carolina Community Foundation as the beneficiary of your will or trust through a Legacy Fund. By joining our Legacy Society through a bequest or estate plan, you can preserve cash during your lifetime and support causes you care about in perpetuity.

Why consider a fund for your charitable giving?

A fund provides a simple way to manage and strengthen your charitable giving, helping you make a meaningful difference today while building for tomorrow.

It’s easy to create a fund with Central Carolina Community Foundation that can:

  • Organize and streamline giving, allowing you to receive tax benefits now while making grants over time.

  • Discover new and lasting ways to make a difference, informed by our deep knowledge of community needs as well as community partners.

  • Maximize the impact of charitable assets, including complex or appreciated assets, in tax-efficient ways.

  • Make giving part of an estate plan, aligning philanthropy with financial goals today and for the future.

  • Manage charitable resources wisely, so initial contributions continue to grow.

  • Provide community insights and manage the administrative side of your philanthropy, while you focus on the impact and joy of giving.

Many donors are already giving back to organizations and causes they care about, whether that’s to a school, charity, or place of worship. We’re always available to talk about your goals and whether starting a fund is the right choice for you. And if you decide you want to start a fund, we make it easy from start to finish.

Talk with Our Team to Get Started Today

Founded in 1984, Central Carolina Community Foundation connects and mobilizes people and resources to strengthen our community. We partner with donors to support nonprofits, equip students, advance collaborative solutions, and inspire giving across the Midlands and beyond.