Does the Shenandoah Community
Foundation compete with my nonprofit organization for donor dollars?
is to identify community needs—and nonprofits meeting those needs—and
connect them with appropriate and interested donors. “We are not a
Cause; we’re a Causeway.”
you talk to a donor who is interested in the mission of my nonprofit
organization, do you try to get them to give their money to you or to
determine whether the donor is interested in helping with your ongoing,
current needs or if they like the idea of setting up an endowment fund
that would benefit your organization forever. If they want to help you
right now, we recommend they give you the money directly. If they want
to create an endowment fund for your benefit, we give them information
about how we can do that easily and with no set-up costs. The donor
makes the final decision.
How can the Community Foundation
help my nonprofit organization?
– your organization may wish to participate in our annual grant cycle
and be considered for a grant.
Grants from outside – in some instances, it might help you when you’re
applying for a grant from an outside funding agency to include the
Shenandoah Community Foundation as an advocate or partner in the grant
application. This may only be done with our permission.
affordable Endowment Fund for your nonprofit—when you establish an
agency fund (an endowment fund that benefits only your organization),
you can be assured of a stable source of income for the future. There
is no cost to establish such a fund, and your organization has no
administrative or investment decision responsibility in regards to the
should my organization consider establishing an agency fund (also known
as a restricted fund) with the Shenandoah Community Foundation?
above, it assures you of a stable source of income for the future.
It is much
more affordable than setting up an endowment fund or trust on your own
since you have legal fees and by pooling all our fund monies, we can
command the lowest fees for professional hands-on management of your
We can offer
you investment diversification options that are not practical or
available for a smaller account on your own.
By taking on
the administrative and financial oversight of your funds, we reduce the
responsibility and liability of your volunteer members.
Once you have
a fund in your organization’s name, you can promote it to your
constituents and other donors who have an interest in your mission,
encouraging them not only to donate to it but also to include it in
their estate planning.
organization’s fund will be listed in our literature and on our
website. We will help you promote your organization by disseminating
this literature to the public, to donors and to estate planning
We can offer
flexibility as to the use of the money in the fund since there are no
tax consequences should your tax-exempt organization have an emergency
need to remove principle from the Foundation or withdraw your fund
How can my 501(c)(3) organization
create a fund with the Foundation?
See How to Start a Fund
We would be glad to make a presentation to your board or send you a
sample memorandum of understanding so you can see how it works. The
minimum fund balance is $5,000, but we allow nonprofits to start with
as little as $500, with their commitment to increase the balance to
$5,000 within five years.
In short, your affiliation with the Shenandoah Community Foundation is
a win-win: it increases OUR stature and credibility in the community
and improves our ongoing mission of providing endowment funding for
local needs. At the same time, we expect it will lend permanence and
prestige to YOUR group that will grow as we increase our own publicity,
marketing, and educational efforts in the community.