CityView Magazine - Fayetteville, NC - Guide to Giving
Issue link: https://www.ifoldsflip.com/i/1420859
Cumberl andCF.org | III ENDOWMENT BUILDING CHECKLIST Name your fund: Examples: Jane Smith Endowment for Children, Sue Doe Memorial Endowment, James Jones Endowment for _________________________________________________________ Decide the charitable purpose: Create your endowment by choosing at least one: • Designated Endowment to provide annual support for the following charitable organization(s) (the "Designee(s)"): ________________________________________________, [insert names of your favorite charitable organization(s)], or; • Community Unrestricted Endowment to support the greatest needs and opportunities in the community each year; or, • Community Field-of-Interest Endowment to support the greatest needs and opportunities in the area of ______________________________________________________ . [insert your grantmaking interest area]; or, • Scholarship Endowment to send local students to college based on n need, n academic achievement, n demonstrated leadership, and n ______________________________________________________ (other). [Check all that apply.] • Donor Advised Fund to distribute support for causes recommended by you or your named advisors (such as heirs), as often as monthly. Make a gift today: • Write a check payable to Cumberland Community Foundation, Inc. • Or, give stock, real estate, a life insurance policy, or even your corporation. • If you are 70.5 or older, you may make a Qualified Charitable Distribution "QCD" from your IRA directly to Cumberland Community Foundation, Inc. Give through your estate planning: Consider a gift in your estate plans: • Make a gift in your will to "Cumberland Community Foundation, Inc., a NC nonprofit corporation, as an addition to the _____________________________ Fund." [Example fund name – Jane and John Smith Charitable Endowment] • Update your beneficiary designations on retirement accounts, life insurance policies, brokerage accounts, and trusts. Talk to your own advisor: Always coordinate your giving with your other estate planning. Your professional advisor will need to know: • Legal name: Cumberland Community Foundation, Inc. • Tax identification number: 58-1406831 • Address: PO Box 2345, Fayetteville, NC 28302 Contact the professional staff at CCF: We are on standby to help you create your charitable legacy. • Call (910) 483-4449 ask for "Donor Services" • Send a confidential email to Cameron@CumberlandCF.org or Mary@CumberlandCF.org • Or, schedule an appointment to meet with us at 308 Green Street in downtown Fayetteville, NC