There’s so much more we’d like you to know about how your Community Foundation can help you achieve your charitable goals. We welcome the opportunity to work with you. That is why we established this page, to share with important information about your community foundation. 

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Many people are surprised to learn that opening a fund with the Community Foundation of North Central Massachusetts is very advantageous when compared to a large mutual fund company. In addition to the Community Foundation's competitive fees, there are several distinct advantages: 

• Local knowledge of community needs
• You aren't required to make an annual distribution 
• The ability to leave a local lasting legacy

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Many individuals and groups are surprised to learn that they don’t need to establish a standalone 501 (c) (3) corporation to support their charitable interest. By working through the Community Foundation they enjoy all the benefits of being a nonprofit corporation—without the expense and hassle of satisfying IRS and state regulatory requirements. In addition, they reap important benefits, which includes a dedicated online giving portal for the fund as well as ongoing marketing exposure. 

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Private and family foundations are a popular option for today’s donor, and for some donors they are the right option. However, the Wall Street Journal reported that there is an increasing trend of private foundations moving their fund to local community foundations. 

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Establishing a Designated Fund or agency endowment at your community foundation is a simple and efficient way to build an income for your nonprofit organization. Our experienced staff can help you develop planned giving programs and assist with investment management and administrative details. 

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What is the 2% difference? While it doesn’t sound like much, a 2% difference in your annual investment returns can have a profound effect on available dollars. We see too many organizations that have their funds in checking, savings or certificate of deposit accounts, which can adversely impact available dollars for your mission. Over time--, even a modest bump in your returns can make a significant impact. 

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 Your clients don’t need to rush their charitable giving. 

If they open a fund now, your clients will receive maximum tax benefits this year while still having time to consider how they would like their charitable dollars distributed. 

Whether their passion is arts and culture, preserving the environment, creating scholarship funds for promising young students, or supporting their favorite organizations, a Donor Advised Fund at the Community Foundation of North Central Massachusetts can support all of your clients’ favorite interests. 

During this upcoming hectic season, we make charitable giving easy.  

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