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The main purpose of an endowment is to provide a long-term and growing source of financial support for an organization or cause.
Meet with HCCF to discuss what you want to accomplish, such as provide scholarships, support a particular nonprofit organization, or help a cause.
A draft agreement will be created by HCCF staff based on your intent.
Reviews of the agreement are made by you, your legal counsel (if desired), and HCCF legal counsel.
Once everyone is satisfied with the document, the HCCF Board of Directors will approve the agreement at one of their regularly scheduled meetings.
Two copies must be signed - one for you and one for HCCF to keep on file.
A minimum gift of $10,000 starts a scholarship fund.
A minimum gift of $5,000 starts a designated agency fund or a field of interest fund.
No problem. An Endowed Donor Advised Fund allows you to recommend grants from your fund to your favorite qualified nonprofit organizations. The minimum gift to start an Endowed Donor Advised Fund is $25,000.
Consider establishing a Builder's Fund. Builder's Funds are pooled together to provide unrestricted money for the HCCF Board of Directors to use for proactive grants and community initiatives. These unrestricted funds enable HCCF to meet the needs of the community as they arise. The minimum gift to establish a Builder's Fund is $2500.
You can give in any amount to
any existing fund.