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Tools for Giving Now
Several
kinds of funds at the Central Susquehanna Community Foundation enable you
to help your clients start giving immediately:
1. Donor-Advised Funds allow your client to contribute assets to his/her fund at any time and then recommend grants to support charitable groups of his/her choice. They are a flexible, personalized way to support nonprofit groups in the Central Susquehanna Valley or a more narrowly defined area, elsewhere in the U.S., or anywhere in the world.
2. Field-of-Interest Funds are a way to provide support to organizations that work on issues that the donor specifies. Once your client has determine the issue(s) he or she wants to support, CSCF’s program staff identifies suitable grant recipients for your client’s approval. If your client wishes, he/she may decide to provide support in the Central Susquehanna region, a particular locality, or elsewhere. If he/she chooses, your client may recommend grants to specific groups in the area(s) you have identified.
3. Scholarship Funds are designed for donors who are interested in helping students attend high school, college, university, or vocational school—using criteria of their own choice. The fund can support students, for example, who are studying a particular subject, attending a specific school, or graduating from a specific school.
4. Supporting Organizations are separate nonprofit corporations that operate under CSCF's charitable umbrella. Through its own board (on which the donors may choose to serve), a supporting organization determines its own investment strategy and grant priorities.
5. Designated Beneficiary Funds are ideal for donors who want to support one or more specific organizations—either a school or nonprofit group. Nonprofit groups can also establish this kind of fund as part of their organization’s own fundraising strategy.
6. Community Involvement Funds are funds established at CSCF by groups that want to undertake broad-based community fundraising to support their work. These funds require extra administrative support beyond that typically given to the other kinds of funds at the Foundation, so we would need to have a discussion with you and your client about his/her plans.
7. Unrestricted Funds are an option for donors who want to support the Foundation’s focus areas identified by CSCF’s board of trustees for its discretionary grants. This gives the Foundation the greatest latitude over the years in how to direct grants, based on its assessment of changing community needs.
To learn more about establishing a fund at the Central Susquehanna Community Foundation, contact Eric Dewald, executive director, at 570.752.3930 or at edewald@csgiving.org
The information on this site is not intended as legal, tax, or investment advice.
For such advice, please consult an attorney, tax professional, or investment
professional
