Learn more through testimonials why nonprofit organizations partner with the Community Foundation as a vehicle to build an endowment for their futures. Through the Community Foundation, local nonprofits collectively have access to a diversified endowment investment portfolio and expertise that would be difficult, if not impossible, to access individually and at a low cost due to the economies of scale.
The partnership with the Community Foundation allows nonprofit board and staff to focus on the mission of their organization while the Foundation professionally invests, accounts for and protects the endowment funds in perpetuity.
America's Second Harvest of the Big Bend
"As a small non-profit, we do not have the resources that would be required to begin or continue the oversight of an endowment"
"Because of the grant funds received under the Community Foundation of North Florida umbrella, Second Harvest has continued to provide and expand the services to those in need," said Cheryl Phoenix. "Second Harvest has expanded the pounds of food distributed through our partner agencies in the ten counties we serve by 46%, and we know that the need will continue to grow. We rely heavily on private donations in our operating budget, and appreciate the donations made through our endowment fund with the Community Foundation."
—Cheryl Phoenix, Executive Director
Elder Care Services
"Our Board chose to place all of our endowment funds with the Community Foundation. We saw this as the best way to assure our past and future donors that their legacy gifts would have a lasting benefit to the agency for the programs and purposes they intended."
—Jim Croteau, Executive Director
"Our fund at the Community Foundation made it possible for Lee's Place to accept donations that were used as working capital prior to us becoming a 501 (c) (3) organization. We are grateful to have such a resource in our community."
"Lee's Place is confident the Community Foundation has our best interest at heart and will look after our funds appropriately and competently for the long term stability of our organization. The staff is accessible and responsive providing valuable information and direction. CFNF is the best place for our funds. Trust is everything! This trust frees us to focus on what we do best - provide counseling services to individuals and groups facing difficult life challenges."
—Brenda Rabalais, Founder & President
Legal Services of North Florida
"CFNF is a powerful tool for an organization like Legal Services of North Florida that otherwise would not have endowment building expertise. We chose the Community Foundation because their business is endowments and they are a local partner. Our board members and donors have a high level of confidence in the Foundation."
—Kristine Knab, Executive Director
Tallahassee Senior Citizen Foundation
"CFNF gives the Tallahassee Senior Center and Foundation the power of security and sustainability for the future of programming and services to help mature adults live a high quality of life in our community and stay active and well. Over the years CFNF has earned our confidence in its ability to most productively and efficiently grow our resources — it is the best place to make a gift that will last through the generations."
—Sheila Salyer, Manager
United Way of the Big Bend
"Economic times like the ones we've experienced these past few years demonstrate the value of an endowment fund to subsidize operating costs of a nonprofit… especially when other funding sources are so tight."
—Ken Armstrong, President
Please contact us for more information on establishing an Agency Endowment Fund for your non-profit organization!