Realizing your Dream
Investing in your community has never been more exciting! MCCF offers a range of options to help you personalize your gift to your community. We know that every individual or family places value on different charitable achievements, and we are here to help ensure that you can enjoy the satisfaction of seeing your dreams realized. Below is an outline of the basic ways that you can give to MCCF to support your community:
A gift to the Community Fund
Gifts to the Community Fund are pooled with past and future gifts to the fund in order to meet the changing needs of our community.
A gift to a specific existing Fund
MCCF holds funds dedicated to specific purposes and organizations. You can add to any of these funds to further the work that they do in our community. To see descriptions of existing funds, click here.
A Note About Named Funds
The donor may choose the name by which the fund will be known, as well as its purpose. A separate named fund may be established with a minimum contribution of $5,000. Anyone may add to the principal amount of the gift at any time, but the original directives of the donor remain unchanged. Once a fund has been established, it is pooled together with other funds for the purpose of maximizing the investment returns of all funds. The interest income is ultimately separated from the others and is distributed by the MCCF Board according to the wishes of the Donor. There are four specific types of funds that a donor may choose when endowing a named fund:
Establishing a Pathway Plan
A Pathway Plan is a planned giving agreement that allows you to build a named fund over five years. In the past, a minimum gift of $5,000 ($10,000 for a scholarship fund) was required to establish a fund. With the Pathway Plan, you now can establish the fund immediately with less than $5,000 and add to it over five years.
Establishing an Unrestricted Fund
An unrestricted fund enables the Board of Directors to choose the most worthy and needy recipients of your fund's income over time. The flexibility of the fund makes it particularly valuable to the community.
Establishing a Restricted Fund
A Restricted Fund allows you to choose specifically the charity, or charities, that you wish to support.
Establishing a Donor Advised Fund
A Donor-Advised Fund allows you to make non-binding recommendations to the Board of Directors, thus allowing you more interaction with your fund.
Establishing a Field-of-Interest Fund
Field-of-Interest Funds allow you to choose a particular area of charitable interest that you would like to support. The Board of Directors then identifies the most qualified local charities which work to support your area of interest.
Establishing a Scholarship Fund
Scholarship Funds provide assistance to Montgomery County students. Scholarship criteria may be broadly or narrowly defined, as you choose. Please note that for administrative reasons, scholarship funds require a minimum donation of $10,000.
If you're ready to give a gift that will keep on giving in your community through MCCF, please click on the Donate tab at the top of the page or just click here. Thank you for your interest and support!
