Agency Funds
Nonprofits & Grants
More Details
To learn more or establish a fund, contact us at the number below:
540.465.1444
Agency funds act as a permanent endowment, helping ensure your organization’s long-term financial stability. Doing this provides you with a source of income for the future. There is no cost to establish such a fund, and your organization has no administrative or investment decision responsibility, allowing you to focus on your core services. It can be more affordable than setting up a fund or trust on your own since you have legal fees, and by pooling all our fund monies, we can achieve lower fees for professional investment management.
We can offer you investment diversification options that are not practical or available for a smaller account on your own.
By taking on the administrative and financial oversight of your funds, we reduce the responsibility and liability of your volunteer members.
Moving Forward
Once you have a fund in your organization’s name, you can promote it to your constituents and other donors who have an interest in your mission, encouraging them not only to donate to it but also to include it in their estate planning.
Your organization’s fund will be listed in our literature and on our website. We will help you promote your organization by disseminating this literature to the public, to donors and to estate planning professionals.
We can offer flexibility as to the use of the money in the fund since there are no tax consequences should your tax-exempt organization have an emergency need to remove principal from the Foundation or withdraw your fund altogether.
