Every donor has a unique giving situation. Start by choosing a fund type that offers the giving options that are right for you.
- Donor Advised Fund … A personal approach to giving.
The most simple, powerful, and personal approach to giving. A Donor Advised Fund allows you to remain actively involved in suggesting uses for your gift.
Learn more about what our current Donor Advised Funds are doing in our community.
- Unrestricted Fund … Meet ever-changing community needs.
Unrestricted Funds address a broad range of future needs not anticipated when the fund is established. It is flexible and allows an effective response to the community’s most pressing needs, today and tomorrow.
- Field of Interest Fund … Carry out your personal values.
Field of Interest Funds address important areas of community life: Aging. Religion. Environment. You identify a personal interest area and grants are awarded to organizations and programs in the area selected.
- Designated Fund … Help sustain local organizations.
Designated Funds support the good work of a specific nonprofit organization. The fund provides a dedicated income stream through the power of endowment and may be established by the organization or an individual donor.
Learn how our current Designated Funds are providing sustainable incomes for their organizations.
- Agency Fund … Build an endowment for your organization
An agency fund is a designated fund established by a nonprofit organization for the benefit of the nonprofit. We assist you in building an endowment for long-term operating or programming support. The nonprofit benefits from exposure to our donors and their fund advisors, as well as the public. We share your story with the community to inspire philanthropic ways to support your nonprofit’s vision.
Learn how our current Agency Endowment Funds are growing their organizations.
- Green Leaf Fund … Build your fund over time.
Anyone can be a philanthropist with a minimum donation of $1,000. After you grow the fund to $5,000 in five years, it will convert to a specific fund type so you can accomplish your philanthropic goals.
Learn how local philanthropists are making a difference through their Green Leaf Fund.
Effective alternatives to private foundations.
Private Foundation Conversion
Existing private foundations can convert their assets to any fund type and benefit from
- greater privacy by remaining anonymous
- simplified administration
- no payout requirements
- no excise tax on investments
- the potential of larger tax deductions
The savings gained means more money to support your charitable interests.
Supporting organizations are separate legal entities with their own trustees, grantmaking activities, and governance structures that are affiliated with Eastern Carolina Community Foundation. They enjoy public charity status and are not subject to rigorous operating restrictions and excise taxes like private foundations.
More about funds.
The majority of funds in our corpus are endowments. We also hold “pass-through” funds, in which both the principal and earnings are available for grantmaking. Pass-through funds are frequently created to support a one-time community project, or to make significant resources available for unusual community needs.
Funds can be established anonymously or carry a name chosen by the donor. Some people name their fund for their family; others choose a name that describes their intention, for example the “Hope for Tomorrow Fund.”