Non-Profits
The Community Foundation assists non-profit organizations in establishing endowment funds and investing endowment assets so that they can better meet current challenges and provide long-term stability for the future of the organization. An agency endowment, which grows through gifts from generous donors and investment income, is a permanent pool of charitable dollars whose earnings benefit a specific organization.
Benefits for non-profits...
Community Foundations exist to give more people the same options enjoyed by the very rich—the ability to set aside a sum of money that will yield income in perpetuity for charitable purposes. The Community Foundation manages the charitable funds, distributes gifts on behalf of donors, provides the accounting functions and satisfies all government reporting requirements. This arrangement leaves the donor freedom to focus only on their charitable interests.
- Endowments funds are commingled, but accounted for separately, with other funds in a professionally managed, diversified investment portfolio.
- Investment management costs are lower due to economies of scale.
- The Community Foundation of Northwest Florida (CFNWF) acknowledges any future gifts to the endowment fund.
- Donors have confidence in adding to the endowment, knowing that the endowment will be preserved and used only for its defined purpose.
- The CFNWF has a board approved investment policy and spending policy associated with all endowment funds.
- The CFNWF is responsible for all government reporting requirements.
- The endowment is preserved even if the organization ceases to exist. It is simply redirected to a like cause/organization.
- The non-profit organization works to fulfill its mission, and the CFNWF manages the endowment.
Leaving your legacy is easier than you think.
We take care of all of the details for you.
The Community Foundation is home to charitable funds established by individuals, families and organizations. The first step is to select the fund that best meets your charitable interest. The Community Foundation can work with you or your financial advisor to customize a fund to achieve your goals.
Endowments funds are commingled, but accounted for separately, with other funds in a professionally managed, diversified investment portfolio.
Investment management costs are lower due to economies of scale.
The Community Foundation of Northwest Florida (CFNWF) acknowledges any future gifts to the endowment fund.
Donors have confidence in adding to the endowment, knowing that the endowment will be preserved and used only for its defined purpose.
The CFNWF has a board approved investment policy and spending policy associated with all endowment funds.
The CFNWF is responsible for all government reporting requirements.
The endowment is preserved even if the organization ceases to exist. It is simply redirected to a like cause/organization.
The non-profit organization works to fulfill its mission, and the CFNWF manages the endowment.
Grant Guidelines
Eligible non-profits will include charitable organizations serving the needs of Northwest Florida.
When competitive grants become available, charitable organizations within Northwest Florida will be notified of the grants and the requirements for application. Dependent upon the scope and restrictions of the grants, if any, notifications will be made to selected counties or to specific type of charitable organizations as required.
Past Grants
Fiscal years 2011-2021
Previous’ years grants at work in the community.