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Nonprofit Endowment Fund - Special Offer

A SPECIAL INVITATION!

To celebrate its 25th anniversary, the Community Foundation of Anne Arundel County (CFAAC) is offering a special invitation to all nonprofits:

In honor of our 25th anniversary year, we are offering nonprofits the opportunity to establish an Endowment Fund with CFAAC by making an initial investment without the $250 setup fee or a $25,000 minimum contribution required to open a Designated Fund to support their organization. The set-up fees are also being waived because they have been underwritten by a generous donor.

This offer expires on April 30, 2024. Endowment funds can be initiated at any time, but initiating them before April 30th ensures a lower required minimum investment and waiver of the setup fee.

CFAAC will help publicize the new Designated Fund and invite contributions from the community. The goal will be for the Designated Fund to reach a balance of $25,000 within 3 years so CFAAC can permanently endow the fund and convert it to a Nonprofit Agency Endowment Fund.

What are the benefits of having an Endowment Fund with CFAAC?

  • Ensures your long-term success, providing your donors with even more confidence in your organization.
  • Alleviates the burden of investing and administrating your endowment. Your assets are invested to achieve long-term capital growth while a portion of your fund will be distributed annually to your organization for vital programs and operations.
  • Offers your organization the ability to accept complex assets such as stocks, real estate, and mutual funds into your fund.
  • Provides your organization with expertise in local philanthropy and a dedicated partner focused on helping you achieve your long-term goals.
  • Expands your audience for contributions. CFAAC will help publicize the new Designated Fund this anniversary year, inviting the public to contribute.

If you’re interested in learning more about nonprofit endowment funds at CFAAC, contact John Rodenhausen, our Director of Gift Planning, at john@cfaac.org or 410.280.1102, x 103.


Nonprofit Agency Designated and Endowment Funds at CFAAC

As our donors and our nonprofit community continue to take advantage of our special 25th anniversary offer to establish a new Designated or Agency Nonprofit Fund to benefit their beloved nonprofit, we encourage our community to support one or more of these funds listed below with a special gift. Each gift will help the nonprofit grow their fund to ensure that their organization is supported in perpetuity. If you don't see your favorite nonprofit listed here, please contact John Rodenhausen, Director of Gift Planning at john@cfaac.org, to find out how you can establish a fund to be added to the list. 
List as of April 17, 2024

*Designated Funds for the benefit of a nonprofit with the goal of growing to become a permanently Endowed Fund.

Download this flyer here. 

 

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