Establishing a Fund

It is easy to establish your own named charitable fund and it can be done in less than a day.   Working with a member of our staff, and your financial advisor if you choose, you will take these simple steps:

STEP 1:  Decide to give
Create a charitable fund now or choose to benefit the community later by including CFNEG in your estate plans.  You may give to celebrate a special event or to remember an important person in your life.

STEP 2:  Choose a type of fund
We offer a variety of funds that will meet your family and philanthropic goals.  Select the type of fund that best supports your purpose.  We will draft a simple fund agreement that makes your intentions clear.

STEP 3: Name your fund
Select a name for your fund. You may choose to name the fund after yourself, a family member, a favorite cause or a name that allows you to remain anonymous.

STEP 4: Choose your gift
There are a number of ways to give to start your new fund.  You can use assets such as cash, publicly traded securities, closely held stock, real estate, life insurance and private foundation assets.  We can also discuss other options with you, such as bequests and charitable trusts.  You will receive a tax deduction at the time the fund is established and when additional contributions are made to the fund.

Once your fund is established you can:

• Add to the fund at any time and in any dollar amount.
• Specify how grant disbursements are to be acknowledged, whether in the name of the fund or anonymously.

If you've established a donor advised fund you may recommend distributions to charities, locally or throughout the United States.