Basic Steps
Setting up a fund is simple. We can have you up and running in a matter of minutes.
- Think about the charitable causes important to you. Funds at The Community Foundation support the broadest range of charitable needs, so whatever your idea, bring it to the table.
- Review our Types of Funds. There is no cost to set up a fund; it only takes an initial gift of $5,000 to establish a fund ($10,000 for a scholarship fund).
- Call us at 615-321-4939. We’re here to make this easy for you.
- We’ll draft the fund documents, which are typically a simple agreement outlining the charitable goals of your fund and our policies.
- Once the documents are drafted and we’ve received your charitable gift, your fund will be established!
- Feel free to consult your professional advisor or accountant for information about tax advantages.
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The Community Foundation’s knowledgeable staff is always available to you to discuss grantmaking, additional contributions to the fund over time and any other questions you may have!