The Communities of Coastal Georgia Foundation is composed of endowed and non-endowed funds, established by those who wish to create a charitable legacy that benefits causes they care about most in our region. We can help establish any of the following funds, as well as many others. Each provides for significant tax advantages in the present with the security of long-term philanthropy. For certain funds, the Charitable IRA Transfer affords an ideal tax-saving mechanism to fund your philanthropy.
To establish, the Foundation accepts various types of assets, including cash and appreciated property, publicly traded stock, closely held stock and/or real estate. The Foundation also accepts deferred or planned charitable gifts including bequests, life insurance, trusts, annuities, retirement accounts, life estates and other options. At your direction, we are pleased to work on your behalf with your attorney, tax professional and/or financial advisor to carry out your wishes.
Fund Types - Comparative Summary
| Fund Type | Primary Purpose | Key Features | Minimum Gift |
|---|---|---|---|
| Donor Advised Fund (DAF) | Flexible charitable giving to multiple organizations | Donor recommends grants; may pass to future generations; Foundation manages administration and investments | $10,000 non‑endowed; $50,000 endowed |
| Designated Fund | Ongoing support for one or more specified nonprofits | Named charitable beneficiaries; established during life or through estate plans; Foundation managed | $25,000 |
| Unrestricted Fund | Address changing community priorities | Foundation staff and board determine grantmaking; maximum flexibility | Any amount |
| Field of Interest Fund | Support a charitable cause or geographic area | Donor defines area of interest; Foundation selects grants based on evolving needs | $25,000 |
| Agency Endowment Fund | Provide permanent financial support for a nonprofit | Professionally managed endowment; annual distributions for operations, programs, or capital needs | $10,000 |
| Non-Endowed Agency Fund | Manage nonprofit reserves, large gifts, or capital projects | Greater access to principal; not intended for perpetuity; Foundation administration | $100,000 |
| Scholarship Fund | Support education and training | Customizable eligibility criteria; possible donor participation in selection; Foundation administration | $100,000 maintained balance |
| Bridge Fund | Entry-level structured philanthropy | Full Foundation services; can convert to DAF when balance reaches $10,000 | $1,000 |
Additional Funding Requirements
| Fund Type | Special Requirement |
|---|---|
| Non-Endowed Agency Fund | Minimum annual distribution of $10,000 |
| Scholarship Fund | $100,000 minimum maintained balance |
| Bridge Fund | Eligible to convert to a DAF at $10,000 |
| Donor Advised Fund | Higher minimum of $50,000 if endowed |
Download the Fund Types as a PDF: