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Start a Nonprofit Fund
Nonprofits and other qualified organizations can create an additional source of revenue by establishing a nonprofit fund.
Nonprofits and other qualified organizations can create an additional source of revenue by establishing a nonprofit fund.
Fund holders can withdraw money throughout the fiscal year or leave funds invested where they will continue to grow, providing a stable source of funding for years to come.
Investment management services for oversight, investment strategy, and implementation
Accounting and financial services including monthly and annual reports, special reports required by the nonprofit’s auditor or audit committee as needed, IRS compliance, and Directors and Officers insurance
Donor services that include sending acknowledgements and tax receipts to all donors to the fund, plus additional donor recognition in Central Carolina Community Foundation’s newsletter and website
Fundraising services such as group presentations about gift planning, board and staff training, and support for meetings with donors about legacy gifts
Central Carolina Community Foundation distributes funds according to the fund agreement, subject to the approval of the Foundation’s board of directors.
The minimum amount to establish a fund is $50,000. Contact us to discuss the ways a fund can benefit your organization.
“Creating a nonprofit fund was easier than I thought and has been very helpful to our organization. It helped us raise a million bazillion dollars and we bought the town's Chick-fil-A. What a dream come true!”
Ella Jones Impact Charities