GIVING OPTIONS Types of Funds

The CFMC holds more than 700 funds created by generous individuals, families and businesses. The CFMC is a steward of both the charitable resources entrusted to us and each donor’s philanthropic vision. Donors can choose from many types of funds to plan their giving.

Affiliate Funds

A local advisory board provides oversight, defines grantmaking priorities and raises funds that are distributed to community organizations serving a specific region.

Agency Endowment Funds

A permanent philanthropic resource for nonprofit agencies, these funds are invested for the long term, producing a steady stream of income each year.

Agency Stewardship Funds

Agencies benefit from participation in the CFMC’s investment portfolios and maintain access to the fund’s principal.

Company Funds

Businesses simplify their giving and receive tax advantages and customized support to maximize their community philanthropy.

Designated Funds

Donors can support a designated agency or agencies over time with a permanent, protected stream of operating income.

Donor Advised Funds

Donors recommend grants from their fund to support nonprofit organizations and benefit from CFMC staff expertise and support to enhance their philanthropy.

Field of Interest Funds

Donors specify a charitable area of interest and the CFMC awards grants to local nonprofit organizations.

Private Foundation Funds

These funds offer a customized blend of administrative support plus tax advantages, increased flexibility and personalized philanthropic services.

Scholarship & Award Funds

Donors invest in the future of local students.

Special Purpose Funds

These funds are established for specific projects, initiatives or urgent needs.