Nonprofit Resources

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Endowing your nonprofit organization

Agency Fund

An endowment is a great tool to add to your nonprofit organization’s fundraising efforts.  An endowment is a permanent gift. Only the earnings are distributed, providing income forever to the organization. Our experienced staff can help you develop planned giving programs and assist with investment management and administrative details.

How it works

  • Your board determines how much you would like to invest long-term.
  • Your organization works with our professional staff to complete a fund agreement.
  • We set up a special fund in the name of your nonprofit organization.
  • Your nonprofit organization receives regular statements on the fund.
  • You can add to the fund at any time.
  • We handle all the administrative details — including investment management and help in specifying grant disbursements — so that your organization puts assets where they’re needed.
  • Your gift can be placed into an endowment that is invested over time. Earnings from your fund are used to make grants addressing community needs. Your gift and all future earnings from your gift — is a permanent source of community capital, helping to do good work forever.

Endowment Partnerships

Our region’s nonprofit organizations face many challenges in carrying out their missions. Strengthening nonprofits is part of CKCF’s mission. Many nonprofits take advantage of CKCF’s financial services through an Agency Endowment Fund to plan for their long-term sustainability. CKCF handles all administrative functions by investing, accounting and making distributions from nonprofits Agency Endowment Funds.

This year, two community organizations became Endowment Partners with CKCF.

CASA of the Heartland supports and promotes court-appointed volunteer advocacy for abused and neglected children. As a growing organization, their board took this next step to ensure their longevity in the community. “CASA of the Heartland is very excited to establish the CASA Endowment Fund in partnership with the Central Kentucky Community Foundation,” said Chris Ordway, CASA Board Chairman. “This local philanthropic opportunity made available through CKCF represents another very important sustainability milestone in the life of our organization and mission of representing the best interest of children caught up in abuse and neglect cases within Hardin County Family Court.”

Clarity Solutions for Women, provides faith-based counseling, education and resources to women facing unexpected pregnancies. Recent expansion of services and facilities makes establishing an endowment fund even more important for Clarity.

“We are excited about this endowment because it helps us focus on our future,” said Dr. Marquita Ball, chair of Clarity’s Board of Directors. “Helping women and their babies thrive during and after an unexpected pregnancy is important to help our community build and maintain strong, healthy families. This partnership with CKCF helps ensure the future of the ministry.”

CKCF can also assist nonprofit organizations through the Endow Ky Tax Credit program, which is available to donors to endowment funds at CKCF. An Endow Ky gift can benefit the nonprofit organizations a donor chooses.

More benefits

An Agency Fund is a safe and simple way for your nonprofit organization to establish an endowment. Your donors can be sure that the endowed fund’s principal will not be spent and can grow over time, providing a source of lasting support. And Central Kentucky Community Foundation’s economies of scale provide your organization the benefits of a diverse investment portfolio and low investment fees that typically come only with very large funds.

Your organization’s regular donors can leave a bequest through Central Kentucky Community Foundation to benefit your organization forever and create a personal legacy.

Central Kentucky Community Foundation can facilitate even the most complex planned gifts or gifts of appreciated stock or real estate. We handle investment management and the administrative responsibilities related to endowment so that your organization’s staff and volunteer hours are concentrated on fulfilling your mission?

Community foundations provide a simple, powerful, and highly personal approach to giving. We offer a variety giving tools to help people achieve their charitable goals.

For more information and ideas on ways to integrate your financial planning with charitable giving, contact Central Kentucky Community Foundation at 270-737-8393.