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10 Reasons to Start a Fund

10. Efficiency – A fund at The Community Foundation is a simple and effective way to put your charitable assets to work and is a convenient and affordable alternative to operating a private foundation.

9. Professional Management – Our highly trained staff will invest your gift for maximum impact – both in the financial markets and in community grants.

8. Recognition – you can choose what to name your fund and receive recognition when grants are made or you may give anonymously.

7. Service – Because no two fund holders are alike, we provide highly individualized service to help you achieve your personal charitable goals.

6. Tax Advantages – The Foundation is a public charity, which means your gift qualifies for maximum deductions. Plus you never pay taxes on investment earnings from your fund.

5. Permanence – Your gift will serve the causes you care most about – now and forever. Should the community issues you wish to address become resolved in the future, the Foundation board will preserve the integrity of your fund and redirect grants from your fund to similar causes.

4. Accountability – We take our commitment to the public and our donors seriously. Our annual independent audit and investment policies are always available for review.

3. Simplicity and Convenience – Most funds at The Community Foundation can be created with one simple meeting and can be as broad or as focused in scope as you wish. We’ll handle all the administrative, accounting, audit, legal and reporting requirements, so you can focus on making grants.

2. Local Expertise – With thousands of relationships with community leaders and nonprofit organizations and more than thirty years experience, no one knows Gaston County like we do. That means smarter grantmaking and more impact.

1. Community Impact – Because The Community Foundation serves many donors and fund holders, we have unique opportunities to leverage common interests and pool resources for gifts that have lasting, meaningful impact in our region. Plus, our reputation as a community leader allows us to convene and leverage the efforts of grantees, ensuring greater cooperation and collaboration.


Mailing Address:
P.O. Box 123 Gastonia, NC 28053

Street Address:
1201 E. Garrison Blvd, Gastonia, NC 28054

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Phone:
704.864.0927

Fax:
704.869.0222

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