I’m Looking to Start a Fund
Welcome to Central Susquehanna Community Foundation. Starting an endowed fund to benefit your charitable interests is an easy process. We’d like to help you create a lasting legacy that that will provide perpetual support to the charitable concerns most important to you. By creating a named endowed fund, you are establishing a permanent gift to the cause or causes you care about most. Each year your endowed fund will distribute a grant investment, as determined by you when you create your fund. There are several important considerations in creating a named, endowed fund.
What charitable needs to I want to support?
The answer to this question will help determine the type of fund you’d like to create. Perhaps you have a very specific interest in a nonprofit organization. Or, maybe you have a wide variety of charitable interests. We can help you design the endowed fund that will meet your needs.
Do I want to be actively involved in recommending grants?
If your answer is yes, then you may wish to consider a Donor Advised Fund (DAF). With a DAF you can be actively involved in the grant making process. You will have the opportunity to recommend grantees.
What will I name my fund?
Named endowed funds can be named for the donor, a loved one, a field of charitable interest or a specific nonprofit organization. There is great flexibility in choosing the name of your fund. Often the endowed fund is named to establish a lasting legacy for the donor or their interests.
How do I make a gift to my fund?
There are a host of options for what to give to your endowed fund. A charitable gift to your fund is eligible for the maximum available tax deduction. (Please consult your tax advisor regarding specific deductibility for your personal tax rate and circumstances.) Most any asset of value may be considered for a charitable gift; cash, appreciated stock and securities, personal property, life insurance and real estate. You may also wish to consider a planned gift or bequest to benefit your fund. Some planned gifts may even provide life income and most offer the benefit of estate tax savings.
How do I get started?
Please give us a call or email. We’re very happy to schedule a confidential meeting with you to discuss your charitable interests and your thoughts about starting a fund. By meeting with you personally we can help you design the endowed fund that is specific to your needs and giving interests.
Please contact Holly Morrison, CEO at 570-752-3930 or at email@example.com.