HOMETOWN GIVING CONNECT WITH YOUR COMMUNITY!
These can address ever-changing community needs. The flexibility of your unrestricted gift enables The Community Foundation to respond to the areaâ€™s most pressing needs for today and tomorrow.
FIELD OF INTEREST FUNDS
Field of interest funds can address needs in an important area of community life - arts and culture, education, senior adults, youth, humanitarian needs or a specific town, city or county.
Designated funds support nonprofit organizations named by donors. Grants are made annually to the named organizations to support their work.
AGENCY ENDOWMENT FUNDS
Agency endowment funds allow nonprofit organizations (agencies) to create a permanent and predictable source of funding dedicated for their organization. The agency can add to the fund as well as individuals, organizations and businesses.
DONOR ADVISED FUNDS Donor advised funds allow donors or those they name as advisors to recommend grants to specific charitable organizations. All grant recommendations must be approved by the Foundation Board.
Scholarship funds help area students achieve their academic and career-oriented goals. Donors may recommend specific scholarship guidelines, such as high school or college attended, merit, need or field of study.
The Community Foundation enters into special Community Partnerships with a local organization after careful consideration. Community Partnerships represent specific agreements where The Community Foundation receives and administers Community Partnership funds that benefit the area.
Acorn Funds allow individuals, families and organizations to build an endowment over time. Donors are allowed three years to reach the minimum required to establish a permanent endowment at The Community Foundation.
UNRESTRICTED AND FIELD OF INTEREST
Unrestricted grants were awarded from Funds whose purpose is unrestricted. Field of Interest grants were awarded from Funds established by donors wishing to support a particular field of interest, such as youth, arts and culture or humanitarian causes.
These grants were awarded from Funds with donor advisors.
These grants were awarded from Funds whose purpose is designated to support one or more specific organizations.
Support and Revenue
Contributions Investment Income Net Gains/(Loss) on Investments Other Income Total
2,686,514 631,437 2,185,384 6,010 $5,509,345
1,703,760 647,351 3,417,746 6,232 $5,775,089
Grants & Scholarships Program Related Management & General Development Total
1,246,242 128,525 264,614 68,335 $1,707,716
1,426,201 108,684 244,478 74,634 $1,853,997
Net Assets Change
Grants were awarded across the region to ease suffering, enrich the arts and enhance the great work of our nonprofits.
Nearly $200,000 in scholarships was awarded to 100 area students.
Our donors generously gave nearly $2.7 million in gifts to The Community Foundation this year. Nine new endowment funds were also created.
Thanks to your generosity, The Community Foundation now has $36.7 million in charitable assets dedicated to our region.
Community Foundation of the
Dan River Region
reet • Danville, VA 24541
Non-Proﬁt Organization U.S. Postage
Dan River Region
Permit No. 870 Lynchburg, VA
Moving Forward. Giving Back. WWW.CFDRR.ORG • 434-793-0884