You can use many different kinds of assets to create a charitable fund or to make a gift to an existing fund at the Maine Community Foundation.
You will receive maximum tax deductions for your gift. Most funds are created as permanent endowments to ensure that your charitable interests will be carried out in the future as well as in the present.
The minimum amount for establishing a new fund will normally be $10,000-$25,000.
To establish a new fund or to make a gift to an existing fund contact
Laura Young, vp for advancement
For professional advisor information or requests contact
Jennifer Southard, director of philanthropic services.
More information:
Frequently Asked Questions
Administrative Fees
Types of Funds
Download forms to establish funds (pdf format):
Advised Fund
Designated Fund
Nonprofit Endowment Fund
Scholarship Fund