Open A Fund

Everything You Need to know to Become a Fundholder at CFGG

The Community Foundation of Greater Greensboro makes giving simple, effective and fulfilling by connecting people who care about the community with opportunities to seek change by using charitable giving funds. Establishing a fund can often be done in less time than it takes to open a bank account. You can give virtually any type of asset – cash, stocks, closely held securities, real estate, or personal property – and receive maximum tax benefits.

We make it easy for your charitable dollars to make the greatest possible impact. We take care of the administrative and grantmaking activities, keeping your giving flexible and eliminating uncertainty about nonprofit sustainability. And our more than 40 years of experience and knowledge of Greater Greensboro can help you direct your resources for greatest impact.

Types of Funds

The Community Foundation of Greater Greensboro offers a variety of fund types that can be customized to achieve your objectives to making a lasting impact in the community.

Endowments

Endowments are permanent assets you give to the Community Foundation with the purpose of providing an annual revenue stream for whatever charity or cause you choose. There are three types of endowments:

Community Endowments

Permanent funds that provide annual funding in perpetuity to address the needs of the community. These may have a geographic focus within Greater Greensboro, a particular field of interest focus (like education and workforce development), or a specific cause (like affordable housing for seniors).

Nonprofit Endowments

Permanent funds that provide annual funding in perpetuity for a specific nonprofit. These funds may be for general operating expenses or restricted to a certain purpose or program. Donors may give instructions to the Community Foundation regarding the annual distribution in the event of a change to the nonprofit or program.

Scholarships

The Community Foundation enjoys a rich history of collaborating with both people and organizations to improve the educational landscape. Helping donors create scholarship funds is one of the most important ways we support education. Through the generosity of Community Foundation donors, the Foundation administers scholarships that recognize achievement, respond to financial need, and help us build a future generation of community leaders.

Donor-Advised Funds

A donor-advised fund at the Community Foundation makes philanthropy simple and easy. You can be as active as you want to be and still support the issues and organizations that matter most to you.

Gifts from your fund will be made in your name or the name you choose for your fund. Your gift can also be anonymous.
You will receive immediate tax benefits, even if grants from your fund occur over time.
Your assets will grow through investment, allowing your giving capacity to increase.
You can give away as much or as little as you like, and you can endow your fund as a legacy in perpetuity.

Investment Returns

Make a meaningful impact with a lasting legacy

View our detailed investment returns information to see how the Community Foundation of Greater Greensboro manages and grows charitable assets.

Interested in Starting a Fund?

If you have questions or would like more information about starting a donor-advised fund or establishing an endowment, contact Cathy Knowles.

Cathy Knowles

Vice President of Development & Donor Engagement

cknowles@cfgg.org
(336) 790-7798