Create a Fund
Why the Carbon County Community Foundation?
We manage more than 60 charitable funds established with us by people who share a passion for giving and a deep commitment to making our Carbon County community better. When you choose to partner with us for your charitable giving, professional staff will assist you in creating a plan that fulfills your philanthropic and financial goals.
Whether it’s supporting a favorite charitable organization or program or teaching your children about philanthropy, we can provide advice, resources, and options.
We have expertise in receiving gifts of all kinds — one-time or recurring donations, cash or check, credit card, ACH transfers, charitable gift annuities or trusts, stock, or other real property. Donors can opt for recognition or anonymity and arrange to make a gift now or beyond their lifetime as part of a will or estate plan.
Our professional staff is eager to partner in selecting the best fund for your giving wishes. Contact us today to learn more!
Establish a Fund is Easy
- Contact us to discuss your charitable giving goals. We will work with you to determine the best options and will draft a fund agreement to officially establish your fund.
- Make a gift of cash, securities, or other assets to establish your fund. Check with us if you have unique or special assets that may be donated in a tax-efficient way. Others can donate to your fund too! Donations are tax-deductible if contributed directly to your fund at the Community Foundation.
- Start recommending grants from your fund! Once your fund is established, you can start your giving whenever you are ready. Simply contact us with your recommendations of how funds should be distributed and we’ll take care of the rest.
Types of Funds
We offer a variety of fund options. We will help you determine the best one for your charitable goals, financial situation, lifestyle, and interests. Browse the fund types below to learn more or contact us today to discuss which is the best option for you.
Donor-Advised Funds
- Established by people who wish to have a continuing role in the grant process and recommend, year-to-year, where they want their contributions to go.
- Allows donors to recommend grants to specific nonprofit organizations in the community, throughout the United States and other parts of the world.
- The original donor may determine what the purpose of the fund will be after the donor’s death, or may appoint future advisors who will advise on its distributions annually.
Donor-Designated Funds
- Allow donors to specify eligible, tax-exempt nonprofit organization(s) to receive annual grants in perpetuity.
- Should the organization(s) cease to exist after the donor’s death, The Foundation will honor the donor’s original intent by making grants to an existing organization with the same mission or purpose.
Scholarship Funds
- Benefit students locally and throughout the United States.
- Elementary, high school, college, graduate or technical school students.
- Donors may choose the type of assistance they would like to provide (tuition, the purchase of school-related equipment and supplies, etc.)
Field of Interest Funds
- Fund Advisory Committee determines use of these funds per the donor’s named areas of interest. Examples may include arts, education, economic development and animals, to name a few.
- Specific charities would not be named, but all grants from the fund would be directed toward programs in the region that address the field of the donor’s interest, unless otherwise specified.
Organizational (or Agency) Endowment Funds
- Permanent endowments established by local nonprofit organizations and their donors provide ongoing support for that organization’s programs.
Fund for Carbon County
- Donors may choose to have their financial gift placed in the Fund for Carbon County, our unrestricted grant-making program.
- We solicit applications from area nonprofit and community organizations each year and award funds across the county and a variety of focus areas:
- Arts & Culture
- Community & Economic Development
- Education & Scholarships
- Environment & Historic Preservation
- Health & Human Services
- Youth Programs
- The Fund for Carbon County is our most flexible grantmaking fund, allowing us to respond to the most pressing and urgent needs in the county.
Fees
Carbon County Community Foundation is a 501(c)(3) public charity / nonprofit organization—not a bank or brokerage firm. Like all organizations, we have expenses to cover. The Foundation assesses fees on charitable funds under our umbrella to cover both the cost of professional financial management for our invested assets and our back-office services, administration, and community development activities. This fee schedule may be updated from time to time by the Board of Directors.
| Fund Type | Annual Fee |
|---|---|
| Donor-Advised Funds | 1.50% |
| Donor-Designated Funds | 1.50% |
| Scholarship Funds | 2.0% |
| Field of Interest Funds | 2.0% |
| Organizational or Agency Endowment Funds | 1.25% |
| Unsupervised ($500K Min. – Donor designates own manager) | 0.75% |
The annual fee is deducted in quarterly installments from the fund’s principal balance.Â
Other Ways to Give
Carbon County Community Foundation Operating Fund
Established to support the current general operations of the Carbon County Community Foundation and to work towards a permanent endowment to support future operations. Â Donate to the CCCF Operating Fund.
Fund for Carbon County
An Unrestricted Fund advised by the Foundation Board of Directors and Founders to meet the ongoing needs of the community and subsidize operations of the Foundation as needed. The fund was created through the generosity of our Founders Board members (who all agreed to pledge $25,000 each), and through grant and matching funds. Donate to the Fund for Carbon County.
Join the 20/20 Circle
An endowed fund created by members of a giving circle – the 20/20 Circle. Members have pledged at least a one-time donation of $1,000 (payable over up to four years or $21/month) and meet annually to hear from the most promising charitable organizations or projects serving the Carbon County region and vote to award a meaningful grant. Join the 20/20 Circle.
Field of Interest Funds
- Fund Advisory Committee determines use of these funds per the donor’s named areas of interest. Examples may include arts, education, economic development and animals, to name a few.
- Specific charities would not be named, but all grants from the fund would be directed toward programs in the region that address the field of the donor’s interest, unless otherwise specified.
Donate to an Existing Fund
Browse our full list of existing funds to see if any match with your charitable goals. We have funds addressing a variety of interests and causes – there’s something for everyone! Check out our existing funds.