The Community Foundation offers nonprofit organizations in the Mid-South an opportunity to invest alongside the Foundation’s other assets in its diversified family of investment pools. Join the 70+ nonprofits that entrust the Community Foundation with the management their reserve, capital, or endowment funds. The result is the best possible investment solution for an agency's long-term financial assets.
Email (fhorrell [at] cfgm [dot] org) Director of Professional Advisor Development Frank B. Horrell, CPA, CFP® or call him at (901) 722-0027 to learn more. Click the video below to hear from agencies who invest through Nonprofit Funds.
Nonprofits can choose the Community Foundation to manage their reserve, capital, or endowment funds. Benefits include:
The minimum amount to open a new nonprofit fund is $25,000. Nonprofits may access any or all of their funds at any time. There is never any penalty for liquidity. All agencies have access to their fund information online. Nonprofit partners may also change investment pools at the end of any month.
Agency donors may contribute directly to their fund in a variety of forms, including publicly traded or privately held stock, real estate, life insurance, retirement plans, and charitable remainder trusts.
Project funds are established for short-term use by organizations involved in collaborative efforts or by state-chartered nonprofits waiting for the Internal Revenue Service to approve 501(c)(3) status.