Agency endowment funds created under the umbrella of the Martin County Community Foundation (MCCF) allow an organization to reap the benefits of an endowment fund without the associated administrative burdens and costs. Through this type of fund, nonprofits build an endowment that is guaranteed to receive prudent stewardship and provide a lasting source of income. The nonprofit organization receives annual distributions from this type of fund for unrestricted use. The fund is technically owned by The Community Foundation on behalf of your agency. MCCF is ready and equipped to assist as you consider taking this important and visionary step to ensure the future of your agency.

Here are two endowment fund options for you and your donors to consider at MCCF:

Agency Endowment Funds
This fund is created by a nonprofit to protect charitable dollars for the future of their work and mission. Through this type of fund, nonprofits build endowment guaranteed to receive prudent stewardship, while providing a lasting source of income. The nonprofit organization receives annual distributions for unrestricted use. The fund is technically owned by The Community Foundation on behalf of your agency.

Designated Funds
This fund supports one or more nonprofit organizations the donor selects. Donors may establish a designated fund, ensuring continuous gifts to their favorite charitable organization and perpetuating their charitable goals. The nonprofit organization(s) receives annual distributions for unrestricted use.