Find the Charitable Fund that is Right For You
We offer a variety of funds for individuals, families, businesses, and community organizations. Our staff is available to discuss these options with you and help you select the fund that best meets your needs.
A Donor-Advised Fund (DAF) simplifies giving. With one donation (and only one tax receipt), you can recommend grants to various charitable organizations. When you contribute cash, securities or other assets to a Donor-Advised Fund at Central Carolina Community Foundation (CCCF), you are generally eligible for an immediate tax deduction, and your funds can be invested for tax-free growth. Funds can be endowed or non-endowed. The current minimum to establish a Donor-Advised Fund is $10,000.
GUIDE TO DONOR-ADVISED FUNDS
At the time of the fund’s establishment, you will choose one or several organizations that will automatically receive a grant from your fund annually in perpetuity. This is a hands-off approach to giving. The Foundation manages the fund and ensures the organizations receive distributions annually. The current minimum to establish a Designated Fund is $10,000.
Support evolving community needs by focusing on an area of interest such as arts, education, human services or youth. Funds are distributed through a competitive grantmaking process that is managed by the Foundation’s Community Investment team. The current minimum to establish a Field-of-Interest Fund is $10,000.
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 or in memory of loved ones. The current minimum to establish a Scholarship Fund is $100,000.
Nonprofit funds provide nonprofit organizations with a simple way to establish a fund that provides a source of revenue. The organization can withdraw funds throughout the fiscal year or leave the funds invested where they will continue to grow. The current minimum amount to establish a Nonprofit Fund is $50,000.
Corporations can establish a fund to respond to community needs. After a competitive application process, grants are awarded to nonprofits that align with the corporation’s philanthropic goals to initiate change within the community. The minimum Corporate Fund amount is determined based on the criteria of the specific fund.
VIEW GRANT OPPORTUNITIES
A Legacy Fund allows you to have a lasting commitment to the community through a bequest or estate plan.