What is a nonprofit organization fund?
More than 130 nonprofits, civic clubs, places of worship and other charitable organizations have chosen to secure all or part of their endowment with The Community Foundation. Nonprofit assets under management account for more than 25 percent of CFWNC's total funds. An initial gift of $25,000 can establish a nonprofit fund that provides annual support and allows the principal to grow in perpetuity.
More time to focus on your mission.
CFWNC helps regional nonprofit organizations by offering expertise in administration and investment management. Nonprofit fundholders complement their development efforts with CFWNC's full range of charitable products including gift annuities and remainder trusts. CFWNC staff is available to help negotiate complex gifts and offer solutions. Placing endowed funds at CFWNC ensures the long-term stewardship and objective fiscal management of a nonprofit’s assets and frees nonprofit staff from the burdens of endowment management and reporting. Reach out to learn more.
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Endowment services include:
- Reinvestment or distribution of fund earnings
- Tax reporting and documentation
- Annual audit of all funds
- Quarterly fund statements and online access to fund information
- Workshops on endowment asset development
- Planned giving assistance and technical resources including assistance with gifts of real estate
CFWNC manages more than 210 funds for 130 nonprofits across the region.
Watch the video on the foundation's work with Southern Appalachian Highlands Conservancy.