Building Your Endowment

A Lasting Impact. Your Way.

When an Endowment Fund is created through the Community Foundation for Cecil County, it will benefit the community forever.

OPTION 1

Establish Your Endowment Now

$50,000

One-time Contribution

Start building your endowment by making a one-time contribution of $50,000 or more to your Donor Endowment Fund. This is the fastest, most efficient way to distribute annual income to local nonprofits of your choice. You may make additional contributions to the fund at any time.

OPTION 2

Build Your Endowment Gradually

UP TO 5 YEARS

To Reach $50,000

A slower, and effective way to build your endowment fund is to contribute smaller amounts over period of time*, gradually building the endowment fund. Once the endowment fund reaches $50,000 minimum, the income will be distributed annually to one or more local nonprofits that you have selected. *Maximum of 5 years

Both donors and nonprofits have the opportunity to permanently name an endowment fund if it meets CFCC’s minimum contribution requirements. Income from the endowment is distributed based on instructions in the Donor Endowment Agreement and the CFCC Spending Policy.

A Donor Endowment may be established by any person, organization, or business. Donors may also use resources from traditional IRAs, such as Qualified Charitable Distributions for those individuals over the age of 70 ½, and from life insurance policies when CFCC is a named beneficiary.