Organizational Endowment Funds

An Organizational Endowment Fund is a permanent fund managed by the Community Foundation of Central Georgia that generates annual income for a not-for-profit organization. In addition to providing strong financial management, the Community Foundation also works to help the organizations build these endowments.

Primary Benefits for Establishing an Endowment Fund with CFCG:
• CFCG accepts many types of assets as additions to your fund such as cash, stocks, bonds, real estate, LLP and LLC shares, and other unusual assets.

• CFCG will serve as your organization’s partner to help build its endowment fund. CFCG’s staff has the experience and training to expedite planned and other complex gifts.

• CFCG’s staff will handle all administrative and financial management duties associated with the fund, including quarterly written reports, so your staff and volunteers do not have to.

• The investment committee of CFCG’s board monitors the work of the investment managers, freeing time for your board to focus on planning and development.

• Separating your endowment from other assets ensures resources will be available to meet future needs of the organization.

• Pooled funds allow for less expensive access to high-quality investment management.

What Services are Available to Assist the Organization in Building Its Endowment?
Support in developing a planned giving program, including a customized brochure and planned giving resources (books, periodicals, websites).
Roundtable Meetings – held yearly to offer important discussions and educational opportunities in key areas.

Annual mailing to CFCG donors, listing your organization’s endowment fund and the other agency endowment funds they can support through the Community Foundation.

What Fees are Associated with an Endowment Fund?
An annual administrative fee of $500/year or 1%, whichever is greater, plus actual investment management fees will be charged to the fund quarterly.

Who is Eligible to Establish an Endowment Fund?
Any 501(c)(3) not-for-profit organization.
An Organizational Endowment Fund requires a $10,000.00 opening balance, excluding pledges.
Following the establishment of the fund, contributions can be made at any time.