CACF Fund Types
CACF offers donors tangible ways to make a difference in the Charlottesville-area community through a variety of funds administered as permanent endowments. Gifts are invested for long-term growth, with the income and a portion of the appreciation used to make grants. Grants are awarded to local individuals and groups based on specific criteria determined by the donors. This allows donors to feel a keen sense of connection with those who benefit from their donations.
- Gifts made to the Vision Fund support CACF’s administrative budget, allowing more of our unrestricted dollars to be made available for grantmaking to local nonprofits. Read More
- Donors select a general interest – such as the environment, youth, or the arts – and CACF finds organizations that fit that criteria. Read More
- Donor contributions to this type of fund provide scholarship assistance to individuals, including students of specific area high schools, or with certain qualifications or interests. Read More
- Unrestricted gifts are placed in this fund, allowing CACF’s board and staff the flexibility to address pressing community needs. Read More
- This type of fund allows a donor to contribute to charities in our community and throughout the United States. A donor-advised fund is an excellent alternative to a private foundation, with comparable or superior tax benefits. Read More
- Several individuals donate money to CACF to create this type of fund. Once the fund is established, the group may make recommendations about disbursing funds to local nonprofit organizations. Read More
- Charitable organizations serving the Charlottesville area may create endowment funds within CACF as a means of protecting and building their funds Read More