There are several benefits to establishing your named fund at the Foundation:
Your personal recordkeeping is streamlined and reduced, making tax-time preparations much easier.
Most certainly. Many families have set up memorial endowment funds to remember loved ones, with the proceeds going year after year to charities in their name. There are many ways that the Community Foundation can help honor and memorialize individuals through perpetual charitable gifts.
You’d be surprised what kind of gifts can be given to start your fund. The Community Foundation of Carroll County accepts cash, stocks, bonds, life insurance policies and real and personal property. Many funds are started through bequests in wills, and through a variety of planned giving instruments. Contact the Foundation for more details, including our gift acceptance policy.
Click here to start a fund.
Click here to start a scholarship.
The Community Foundation administers a variety of funds for you to consider. These may be permanent, endowed funds (which generate grant-making dollars each year), or non-endowed funds (which do not preserve the principal).