Agencies
Establishing an endowment fund through The Community Foundation for Rockbridge, Bath and Alleghany is a simple and effective method for providing a permanent source of unrestricted income for your organization.
Endowment Funds
Our professional staff handles the investment management and administrative details so that your staff and board can concentrate on fulfilling your organization’s mission. We also provide you with quarterly and year-end statements of your fund’s activity.
The Community Foundation for Rockbridge, Bath and Alleghany offers trusted, local expertise and the personalized service you desire in creating a permanent endowment for your organization’s future stability.
Permanence
We have been advising not-for-profit agency funds for over a decade, assisting donors and themselves in fulfilling their charitable giving needs. We take pride in the role we have played in helping to fulfill the needs of our fellow nonprofits in the area and in carrying out the dreams of our donors.
Sound Stewardship of Your Funds
You can find solace in the fact that your organization’s funds and charitable intent are being managed in perpetuity by an established, highly reputable board with over a decade of charitable-giving experience.
Investment Management
The Community Foundation for Rockbridge, Bath and Alleghany can assure substantial efficiencies and economies of scale. Our investment portfolios are managed for long-term growth in the market.
Accountability
An independent, certified audit is performed annually, and we make a full accounting of our activities through our annual report and other public documents.
Low Administrative Costs
The Community Foundation for Rockbridge, Bath and Alleghany has low administrative fees. Read more about them on our Investment Policy Summary page.
Flexible Gift Acceptance
Through your endowed fund at The Community Foundation for Rockbridge, Bath and Alleghany, you can accept gifts of appreciated stock, real estate and other assets that you may not be prepared to accept on your own. We can also help your donors establish a plan for giving to your organization after their lifetime, as well as plans that provide income for life.
Access to Planned Giving Tools
We can help you develop a planned giving program through our periodic education seminars. Our staff can also facilitate complex planned gift options (such as gifts of life insurance, bequests, retirement plans, charitable trusts and charitable gift annuities) for your donors.
Administration
We provide all administrative services and handle the bothersome paperwork and IRS reports, so that your staff and board don’t have to.
Immediate Tax Deductions
Because The Community Foundation for Rockbridge, Bath and Alleghany is a public charity, donations qualify for the maximum available deduction for charitable contributions in the year when the gift is made. We can also offer solutions to help reduce your donor’s estate-tax liability.