Donor-Designated Fund
Helping local organizations sustain and grow.
Establishing a Designated Fund lets you support the good work of a specific nonprofit organization — a senior center, museum, or virtually any nonprofit charitable organization. Because it’s given through your community foundation, your gift provides the organization with not only funding, but also the power of endowment. Your gift provides more than just funding; your favorite organization will benefit from your community foundation’s investment stewardship and help with administrative details. You can add to the fund at any time. If the organization you select ceases to exist or changes in mission, the fund can be redirected so that it continues to address your original charitable intent.
Agency Endowment Fund
Endowing your nonprofit organization.
Nonprofit organizations can also establish a Designated Fund or agency endowment at the community foundation. It’s a simple and efficient way to build an endowment, and help create sustainability, for your nonprofit. We handle investment management and administrative responsibilities related to endowment so that your organization’s staff and volunteer hours can concentrate on fulfilling your mission.
Your donors can be sure that the endowment fund will be managed professionally and provide a source of lasting support. And the community foundation’s economies of scale provide your organization the benefits of a diverse investment portfolio and low investment fees that typically come only with very large funds.
Your organization’s regular donors can leave a bequest through the community foundation to benefit your organization forever and create a personal legacy. The community foundation can facilitate even the most complex planned gifts or gifts of appreciated stock or real estate.
Example Donor Stories: Individual, Nonprofit Organization
Individual Donor
Keeping a roof on the building and a warm place to enjoy community theater.
Long-time supporters of the Parkersburg Actors Guild, Tom and Suzanne Bayley wanted to help ensure that the organization can continue to thrive in the future, so they created the Actors' Guild Preservation Fund to support the preservation, maintenance, repair, and improvement of the theatre property. Research conducted by the Guild when renovating their present theatre showed that it is more difficult to raise funds for capital needs than for programming needs. In establishing this fund at the Foundation, the Bayleys' goal was to give the Guild a safety net to help maintain their physical plant, now and in the future.
Nonprofit Organization
Fostering permanence.
Like the rivers that have shaped the hometowns of our area, the River Museum of Point Pleasant believes that certain institutions in our community are meant to be enduring - more than something just for a moment in time. Director Jack Fowler says, "The River Museum represents a collection of artifacts and a reminder of those who worked and lived life on the river - that time and what they did should never be lost. We want the museum to be an educational experience for the generations following us, and the existence of our local community foundation offered us the opportunity to reach our own goal of setting some resources aside in a permanent fund for that purpose."
There is so much more we’d like you to know. For more information and ideas on ways to integrate your financial planning with charitable giving, we suggest that you consult your personal professional financial advisor or contact our Executive Director at director@pacfwv.com or 304.428.4438 (toll free 1.866.428.4438).