Designated Funds

Designated funds enable donors to support specific nonprofit organizations, wherever they are located. It may be an organization for which your client volunteers, one that has benefited their family members, or it might be a school that they attended. And if, in the future, the organization no longer exists or no longer offers the programs that the fund was intended to support, the Foundation will identify another nonprofit that meets the donor's charitable goals.

HIGHLIGHTS:

  • Your client ensures that a single organization or multiple organizations of their choice can receive support for many years to come.
  • Your client, or others, can add to the fund whenever they want. The Winston-Salem Foundation can accept almost any asset, including stock and real property.
  • There is no fee to establish a designated fund.
  • A $25,000 minimum opening gift is required.

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