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A charitable endowment
provides support now and for the future by giving
through the Community Foundation to the community.
The first step
in gift planning is to select the type of fund that best meets your
needs in order for you to receive the greatest income and tax benefits
and create the maximum impact of your gift.
You may establish a fund with a one-time gift or multiple
gifts, or even a deferred gift that creates a fund later.
Many people like the idea of a fund that forever carries the
name of their family or of a loved one.
You
can create and name each of the funds below at the Chillicothe-Ross
Community Foundation:
Unrestricted Fund
These funds strengthen nonprofit organizations, and can address
unforeseen needs, emergencies and new challenges.
The Foundation’s Board ratifies competitive grants recommended
by its Distribution Committee.
Field of Interest Fund
This fund can reflect your own general interests and
concerns and supports organizations that benefit, for example,
Chillicothe's civic activities, the arts, economic development, youth, the
environment, human services or other important goals.
Donor-Advised Fund
Donors who wish to be actively involved prefer this fund
because it allows you to contribute assets to your fund at
any time and then recommend grants to support charitable groups of
your choice.
They are a flexible, personalized way to support
nonprofit groups in Ross County, elsewhere in the U.S., or anywhere
in the world.
Scholarship Funds
This fund can support a wide variety of educational needs
and honor a family member, educational leader or friend.
Memorial Fund
This fund offers the opportunity to honor a special person,
memorialize an important event or perpetuate an important cause.
Agency and Designated Endowment Funds
These funds help nonprofit organizations stabilize and
secure the future of their services. An agency endowment fund ensures
that bequests or gifts benefit one specific nonprofit organization.
The Community Foundation’s staff is available to help
organizations build these endowments by offering expert advice to
boards, staff and potential supporters.
Supporting Organization
This is an attractive alternative to funding a private
foundation because it offers superior tax benefits. While the
Community Foundation appoints most of the Board members, the donor can
serve and appoint others,
name the fund, propose grants and review requests.
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Chillicothe-Ross Community Foundation
45 E Main Street
Chillicothe, OH 45601
Scott Graham
740-774-GIFT (4438) |
