Unrestricted Funds – The Community Foundation of Western North Carolina

Nonprofit Funds

Nonprofit fundholder North Carolina Outward Bound School partners with CFWNC.  Learn more.

What is a Nonprofit Fund?

A nonprofit fund is an endowed fund created by a nonprofit organization. More than 130 nonprofits in Western North Carolina have chosen to secure all or part of their endowment with The Community Foundation. An initial gift of $25,000 can establish a nonprofit fund that provides annual support to a nonprofit and allows the principal to grow in perpetuity. 

Placing endowment funds at The Community Foundation ensures the long-term stewardship and objective fiscal management of a nonprofit’s funds. It also frees nonprofit staff from the burdens of endowment management and reporting, so they can focus on fulfilling their mission.

Endowment services include:
  • Reinvestment or distribution of fund earnings 
  • Tax reporting and documentation 
  • Annual audit of all funds 
  • Quarterly fund statements and online access to fund information 
  • Workshops on endowment asset development 
  • Planned giving assistance and technical resources 

Review a brochure.

Contact our Development Staff about creating a Nonprofit Fund
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Asheville, NC 28803

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