Home About Us Ways to Give Professional Advisors
Nonprofit Resources Special Projects Scholarships Contact Us
Designated Funds
Donor Advised Escrow Funds
Donor Advised Funds
Field of Interest Funds
Scholarships
Unrestricted Funds
Unrestricted Funds

Central Community Foundation provides the donor with a simple, powerful, and highly personal approach to giving. We offer a variety of giving tools to help people achieve their charitable goals. A donor can make a gift of cash, stocks, bonds, real estate, or other assets to the Community Foundation. Most charitable gifts qualify for maximum tax advantage under federal law.

Each donor has a unique giving experience, tailored to suit his or her situation and goals. Here are the basics of how a donor can create a fund at Central Carolina Community Foundation.  For details, please contact J. Larry Snipes, Director of Development, at 803.254.5601 x. 322 or  larry@yourfoundation.org.   

A donor makes a gift to the Community Foundation. He or she can give cash, appreciated stocks, real estate or other assets.

  • We set up a special fund in the donors name, in the name of his or her family or business, or in honor of any person or organization the donor chooses.
  • The donor receives tax benefits in the year the gift is made.
  • Based on the type of fund the donor establishes, he or she may be able to stay involved in the good works a gift makes possible. The donor can recommend an area or organization for the gift to support, or rely on the Community Foundations experienced program staff to determine and address the areas of greatest need in our community.
  • Our board issues grants in the name of the fund the donor establishes (if preferred, grants can be made anonymously).
  • We handle the administrative details.
  • A gift can be placed into an endowment that is invested over time. Earnings from the donors fund are used to make grants addressing community needs. A donors gift and all future earnings from the gift is a permanent source of community capital, helping do good work forever.

Investment Information
The Asset Management Committee has the primary responsibility for overseeing all assets received and held by Central Carolina Community Foundation under the direction and approval of the Board of Trustees.  Funds are pooled and invested in a portfolio that produces income while providing principal security and long-term asset growth.  Our pooled assets are under the management of Vanguard Fiduciary Services and TIFF (The Investment Fund for Foundations).  A fee schedule on all funds held at the Community Foundation is available upon request.



Confirmed in Compliance with
National Standards for U.S. Community Foundations
      

printer friendly version