INVEST

Establish a Fund

Creating a named fund with the Greater Cabarrus Foundation is a meaningful way to honor your family or a loved one while making a lasting impact in the community. By establishing a fund using your family name or in someone’s honor, you join a legacy of generosity and community spirit.

As a community investor, you can establish a named fund in several ways:

  • as part of the Greater Good Society, which supports broad community needs;

  • as a Field of Interest Fund, targeting specific areas of passion like housing, early childhood education, healthcare, or food security;

  • as a Designated Fund, ensuring long-term support for your chosen organizations; or

  • as a Donor-Advised Fund, allowing you to recommend grants to various agencies over time;

  • as an Affiliate Community Fund, to benefit a particular community or geographic area and overseen by a local advisory board.

Each option provides a unique way to tailor your philanthropy to your values and vision, creating a lasting tribute to your name or the name of someone special.

The minimum investment to create a named fund is $25,000. However, the gift can be made over a period of up to five (5) years.

Frequently Asked Questions

  • Any individual, family, business, nonprofit organization, civic group, or private foundation can open a fund.

    The minimum investment to create a named fund is $25,000. However, the gift can be made over a period of up to five (5) years.

  • Establishing a fund is an easy, flexible, and effective way to make a lasting impact on the community and fulfill your charitable goals.

    The process consists of:

    • Meeting with us so we can learn about your charitable goals, explain how it works, and help you select the type of fund that best fits your interests. You name the fund, determine its purpose, and, if it is a donor-advised fund, select the fund’s advisors.

    • The Foundation will prepare a fund agreement which is aligned with your philanthropic goals.

    • You will review and sign the fund agreement that is approved by the Greater Cabarrus Foundation Board. This agreement is the permanent governing document for your fund.

  • Cotnact Robbie Furr, Director of Development, at robbie@greatercabarrusfoundation.org or complete the contact form below to schedule your initial meeting with us.

Connect With Us

We look forward to answering any questions you may have. Send us a message using the form and a member of our team will get in touch with you shortly.