A FUND WITH
The Community Foundation
of Central Missouri
CFCM is extremely flexible in the variety of funds offered and types of assets used to start a fund. In most cases, a simple document is all that is needed to establish a fund.
Your gift will
keep on giving
The fund you establish will benefit the community now & in the future.
Define a specific purpose for your gift
When you establish a fund you may specify its purpose or purposes. Match your passion with your gift.
Gifts are made in the name of your choice
Choose any name you wish for the fund you establish. Grants from the fund you establish will always be recorded in the name of the fund, a lasting symbol of your caring.
Contributions ease your tax burden
Contributions made to CFCM qualify for maximum deductibility for income, gift, and estate tax purposes. In the case of a donor-advised fund, the donor receives tax benefits in the year the gift is given and then may suggest grant distributions from the fund over a longer period of time.
Funds are professionally managed
You may choose to retain your financial advisor or go through CFCM and its partners for investment services.
Administrative fees are minimized
Administrative fees are never more than one percent (1%) of the funds annual market value, except for funds under $25,000 (there is a minimum fee of $250.
CFCM is publicly accountable. Annual reporting through an independent audit and filing of tax returns, public disclosure of all grant activities, and careful selection of Board members ensure the continued proper use of funds.
You Have Access to Expertise
Through regular contact with the nonprofit community, the staff and board have obtained a great deal of knowledge that is regularly shared with interested donors.
CFCM is a permanent part of the region. Donors can be confident that their contributions will be used in the public interest and fulfill the donors intent.