Create a Fund
How to Start
Nobody knows Carbon County like we do.
The Carbon County Community Foundation goes beyond making grants that advance charitable activities: we identify emerging issues, ignite resources to address the needs, and help our region prepare for the future. A distinguished Board of Directors and professional staff with a proven track record in nonprofit management ensures the Foundation and Funds’ success.The Carbon County Community Foundation enables people of all income levels to make a difference in our community and leave a lasting legacy. Donors can choose to establish their permanent endowment fund at the Foundation or make a gift of any size to an existing fund. 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 the Carbon County Community Foundation today to learn more!
Types of Contributions
Cash — Donors can now deduct up to 60% of adjusted gross income for cash contributions – up from 50%. If your cash donations exceed that limit, you can carry forward any unused deductions for five years
Appreciated Stock — When you donate stock, you can deduct the full value of the stock when you donate it and avoid tax on the appreciation or capital gains.
Non-cash Assets — You can also donate non-cash assets, such as real estate holdings or art collections. The charitable deduction will depend on the type of asset and whether it is put to a related use.
Individuals can choose to give now, enabling them to support local charities during their lifetime or commit for a planned gift from their estate. Please work with a financial advisor regarding the relative tax advantages.
Fee Schedule for Endowed Funds
Carbon County Community Foundation is a 501(c)(3) public charity / nonprofit organization—not a bank or brokerage firm. But like all organizations, we have expenses to cover. The Foundation assesses fees on invested funds 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 applies only to endowed funds and may be updated from time to time by the Board of Directors.
|Designated Funds (Example: For an organization)||1.50%|
|Donor Advised or Field of Interest Funds||1.50%|
|Scholarship Fund||1.5%-2.0% (Determined by Admin Time Investment)|
|Unrestricted Fund (example: Our Fund for Carbon County)||1.50%|
|Unsupervised ($500K Min. – Donor designates own manager)||0.75%|