Why Partner with CACF?
CACF provides an efficient and effective way for you to facilitate your philanthropy. The Foundation provides expert advice on effective community organizations and programs and personalized service to donors.
Benefits of partnering with CACF include:
Customized Service –We work closely with you to develop a giving approach that matches your personal interests and tax planning needs. Our knowledgeable staff will help you realize your giving goals and ensure that your philanthropy has a lasting impact on our community, both inside and outside the CACF service area. Our goal at CACF is to make your giving easy, meaningful, and effective.
Community Knowledge and Access to Information – The professional staff at CACF regularly monitors areas of local needs and the organizations whose mission it is to address those needs. We can help you learn about local agencies and programs that make a difference in the areas you care about most. At your request, we will collect information on a specific nonprofit program or organization, or several organizations working in your particular area of interest. We will periodically bring to your attention new or unique giving opportunities, and we can arrange site visits, tours, and meetings with nonprofit leaders. You can also access local nonprofit information through the nonprofit directory on our website.
Permanent Legacy and Accountability – CACF will work with your estate attorney, accountant or other advisor to explore strategies to reduce taxes, increase income, and build a permanent legacy so that you can achieve your charitable goals within your lifetime and beyond. Our staff will work with you to engage the next generation to continue family involvement with your fund. We take seriously our stewardship of your charitable gift and the responsibility to preserve and execute donor intent. Prior to making any grant distributions, staff will perform proper due diligence of nonprofit agencies and maintain communication with these agencies to ensure that your wishes are fulfilled.
Investment Management – CACF’s Investment Committee, composed of local community leaders and investment professionals, employs a responsible investment approach and establishes investment guidelines and objectives, reviews the returns for the portfolio and the managers each quarter, and assesses the appropriate performance benchmarks for each manager and the aggregate portfolio. Donors will receive quarterly financial reports noting all contributions, withdrawals, income and appreciation for their fund.
Experience with Non-cash Gifts – CACF accepts charitable gifts of cash, marketable securities, real estate and other non-cash assets. We can serve as trustee for charitable trusts where CACF is the beneficiary and we have experience with private foundation terminations.
Flexibility – As a partner in meeting your philanthropic goals, we can facilitate your grantmaking to charities located in areas both inside and outside of our service area. While we primarily focus on the needs of our seven county Central Virginia service area and encourage our donors to as well, we can make grants to charities outside the region for donors who do a majority of their giving within the service area.
Convenience and Administrative Ease – You can have easy access to your fund information, view your fund balance, submit online grant recommendations, and review transaction history through a secured section of our website. You can also easily make contributions to your fund through stock transfers. We will keep your fund’s administrative records and provide you with the financial reports and tax receipts you need. We will also provide you with regular reports on the gift, grantmaking, and investment activity of your fund.
Anonymity and Public Recognition– CACF will ask you whether you want your gifts, fund and grants to be publicly acknowledged in CACF publications and disclosed to grantees. CACF will always honor your choice. We maintain strict confidentiality of all donor information and, at your request, we can establish a fund, accept a gift, or make a grant in a way that will protect and maintain your anonymity.