Making a
Lasting Impact

Your generosity has the power to create real, lasting change in Monroe County. Whether you’re an individual, family, or business, your contribution builds a stronger, brighter future for our community. Every donation—no matter the size—is a meaningful step toward a better tomorrow. Together, we can support the initiatives that matter most to you and help you leave a legacy of giving.

The Impact of Giving
Through CFMC

The Impact of Giving
Through CFMC

How to Start a Fund

Starting
Your Legacy

Imagine leaving a legacy that supports the causes you care about for generations to come. Starting a fund with the Community Foundation of Monroe County is simple, meaningful, and rewarding. Whether you want to honor a loved one, champion a cause, or make a lasting impact, we’ll guide you every step of the way.

Learn How to Start a Fund

Celebrate Your Impact

Every donation creates a ripple effect of good in Monroe County. Discover how your contributions have improved lives and strengthened our community in the most recent Annual Report.

View the Annual Report
Explore How We’re Transforming Lives

Building Together

From education to health and community enrichment, your support fuels initiatives that change lives for the better. See the stories and programs that make Monroe County a place we’re all proud to call home.

Visit the Community Impact Page

Contact Us

To learn more about how the Community Foundation of Monroe County can help with charitable giving and fund establishment, contact us today. We are here to answer any questions and assist with all necessary paperwork.

Contact CFMC

Your Giving Questions Answered

What types of funds can I establish?

We offer a variety of funds to meet your charitable goals:

  • Unrestricted Funds: Support the foundation’s strategic initiatives.
  • Donor-Advised Funds: Let you recommend grants to causes you care about.
  • Field of Interest Funds: Focus on specific areas like education or health.
  • Scholarship Funds: Provide educational opportunities for students.
  • Special Project Funds: Support short-term fundraising efforts with long-term community impact.

What is the minimum gift required to start a fund?

  • Permanently Endowed Funds: $10,000 (can be achieved over three years, giving you time to build your fund gradually).

Who establishes funds at the Community Foundation?

Individuals, families, corporations, nonprofits, schools, and groups with a shared purpose.

What services does the Community Foundation provide to fundholders?

  • Investment management
  • Administrative support
  • Financial reporting
  • Expertise in planned giving, marketing, and grant facilitation

Who controls the distribution of fund assets?

The Community Foundation, under the oversight of our Board of Trustees, ensures distributions align with the donor’s intent and our mission.

Why should I establish a fund with the Community Foundation instead of giving directly to a charity?

We offer permanence, professional management, and oversight, ensuring your gift has a lasting impact while we handle all administrative details.

What assets can I use to establish a fund?

You can use cash, securities, real estate, life insurance, retirement assets, or personal property like artwork or jewelry.

What are the tax benefits of giving through the Community Foundation?

We provide maximum charitable tax advantages and are not subject to excise taxes like private foundations, giving you more flexibility in fund distributions.

How can I give later?

You can leave a legacy through:

  • Bequests
  • Retirement assets
  • Charitable trusts
  • Gift annuities
  • Life insurance policies

How is a Community Foundation different from a private foundation?

Community foundations are funded by many donors and support a wide range of charitable purposes. They are governed by a diverse, non-compensated board, receive tax benefits, and have greater operational flexibility than private foundations, which are typically funded by a single source.

What is an endowment?

An endowment is a permanent fund where the principal is invested, and only a portion of the earnings is used to support charitable activities. This ensures the fund grows, creating a lasting legacy.

 

What is a non-permanent fund?

Non-permanent funds allow both the principal and earnings to be spent, offering flexibility for immediate needs. However, they don’t grow as much as endowments and may offer fewer tax benefits.

Stay Connected

Learn more about how we’re building a stronger Monroe County community, from a solid foundation. Sign up for our newsletter to stay informed about our work and how you can get involved.