Business-Advised Funds

A $5,000 minimum contribution is required to open a fund at CFT. CFT’s fees offset the costs associated with administering a fund and help cover professional services while sustaining the work of the foundation in the community. These costs include staff time devoted to investment oversight, grant making and record keeping. Fees are reviewed annually and assessed monthly. CFT may adjust fees as appropriate.
 

Donor-advised funds are established by donors who wish to actively participate in the grantmaking process. You can establish a donor-advised fund with a gift of $5,000 to $100 million or more. Then you can recommend grants from that fund to the charitable project or organizations you want to support. It is easy to give to multiple nonprofits through a donor-advised fund.

When you create a business-advised fund, we can support your company’s goals with a full spectrum of services, including grantmaking, due diligence, site visits and community updates. You can establish a business-advised fund with a gift of $5,000 or more.

We partner with Employee Assistance Foundation to administer employee hardship funds

Scholarship funds can be structured to benefit students at any education level or institution. Support worthy students’ educational pursuits in any field of study, or choose a field to encourage study related to your business. A scholarship fund also can be created to honor loved ones or employees. You can establish a scholarship fund with a gift of $100,000 or more.