AGENCY ADVISED FUNDS

With over 600 funds under management, the Community Foundation of NCW understands charitable investments. Partnering with the Foundation through an agency fund has many benefits for your nonprofit organization:

  • Professional investment management and oversight
  • Support in accepting all types of gifts, including complex assets
  • Gifts to your fund can be made by anyone at any time
  • Low administrative and management fees
  • Local stewardship
  • Online access to your fund, anytime

How it Works

  • An Agency Advised Fund is non-endowed fund, allowing the principal and earnings to be available to the nonprofit at any time; distributions are restricted to benefit only your nonprofit.
  • An Agency Endowed Fund is important for your organization’s long-term sustainability. The principal of the fund is held in perpetuity while an annual distribution (roughly 5% of the fund balance) is made based on a spending policy that complies with state law. As the endowment fund grows, so does your annual distribution.

Getting Started

Opening the fund is easy! With a minimum $5,000 contribution and a simple fund agreement, you can get started right away. Call us at (509) 663-7716 or email info@cfncw.org to make an appointment.

YOUR GIFT AT WORK

Tenoch Mandujano

Tenoch Mandujano

Scholarship Recipient

"My father was a migrant agricultural worker who eventually started his own cherry and apple orchard. [He] told me if I wanted to live a better life, I had to get an education. I plan on starting a career with the Chelan PUD with a passion for renewable energy and in turn give back to my parents and community for supporting my dreams.”

2019RIGOutreach-RosieYardSigns-Crop

Chelan Douglas Volunteer Attorney Services

REGIONAL IMPACT GRANT RECIPIENT

The Regional Impact Grant provided funds to hire a Housing Justice and Outreach Coordinator to visit rural and underserved areas. Rosie’s bilingual and bicultural skills and experience have increased equity of service. Rosie is building partnerships with local organizations through events such as the Columbia Valley Community Health’s Back to School Drive, as well as posting yard signs.

ThomasSmith

Aero Methow Rescue Service

STRATEGIC CONSULTING GRANT RECIPIENT

Due to being rural, remote, and geographically isolated Aero Methow Rescue Service must be prepared to do more than respond to emergencies. We have become a healthcare partner who fills gaps in service.  This program allows our board the time and ability to work with a Strategic Planner to modify our plan to address those gaps.

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ASSETS UNDER MANAGEMENT

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GRANTS & SCHOLARSHIPS AWARDED

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CHARITABLE FUNDS

FOUNDATION FACTS

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