A SPECIAL INVITATION!
To celebrate its 25th anniversary, the Community Foundation of Anne Arundel County (CFAAC) is offering a special invitation to all nonprofits:
This year only, we are offering nonprofits the opportunity to establish an Endowment Fund with CFAAC by making an initial investment with no minimum contribution required to open a Designated Fund to support their organization. This year, the set-up fees are also being waived because they have been underwritten by a generous donor in honor of CFAAC’s 25th anniversary.
During this anniversary year, 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.
