Thank you for your interest in working with the Catholic Community Foundation. We look forward to the opportunity to help you establish your Catholic Legacy and maximize your philanthropic goals. Below, you will find the details associated with establishing various funds with the Foundation. Please contact our office and speak with one of our staff members who will help guide you through the process of creating your customized giving plan.
To Open a Fund, Please Call: 941.441.1124 or Email: Morse@dioceseofvenice.org
If you would like to support an existing fund, please click here
Minimum Amount to Open Funds
Endowment Fund: $10,000
Scholarship Fund: $10,000
Donor Advised Fund: No minimum
Charitable Gift Annuity: $10,000
*The Catholic Community Foundation of Southwest Florida does not provide legal, tax or financial advice. When considering gifting options, seek the advice of your own legal, tax and/or financial professionals.
To Set Up an
Endowment Fund
All endowment funds are established and governed by a Fund Agreement, which is signed by all parties to ensure the donor’s wishes can be and will always be followed. The Fund Agreement includes:
- The name of the fund (can be named after the donor, family, friends or the organization(s) benefitting from the fund
- The charitable beneficiary or beneficiaries of the fund
- A contingent beneficiary in case the original beneficiary ceases to exist
- How the distributions from the fund can be utilized by the beneficiary
- The original gift amount used to establish the fund
Once the fund is established, the donor (or anyone else) may contribute additional gifts in any amount desired.
To Set Up a
Scholarship/Tuition Assistance Fund
All scholarship/tuition assistance funds are established and governed by a Fund Agreement, which is signed by all parties to ensure the donor’s wishes can be and will always be followed. The Fund Agreement includes:
- The name of the scholarship/tuition assistance fund (can be named after the donor, family, friends or the organization(s) benefitting from the fund
- The criteria for the scholarship/tuition assistance award(s)
- The number and amount of the award(s) if applicable
- Whether a committee will recommend the scholarship recipient(s) or the academic institution will choose the recipient(s)
- The academic institution(s) that will benefit from the fund if applicable
- A contingent beneficiary in case the original beneficiary ceases to exist
- How the distributions from the fund can be utilized by the academic institution and/or scholarship recipient
- The original gift amount used to establish the fund
Once the fund is established, the donor (or anyone else) may contribute additional gifts in any amount desired.
To Set Up a Donor Advised Fund
All donor advised funds are established and governed by a Fund Agreement, which is signed by all parties to ensure the donor’s wishes can be and will always be followed. The Fund Agreement includes:
- The name of the fund (can be named after the donor, family, friends or the organization(s) benefitting from the fund)
- The names of the advisors (who make grant requests) and successor advisors
- How the fund will be invested (money market account or the Foundation’s investment pool)
- How the fund will be used after the death, incapacity or resignation of the last advisor or successor advisor
Once the fund is established, the donor (or anyone else) may contribute additional gifts in any amount desired.
To Set Up a Charitable Gift Annuity
All charitable gift annuities are established and governed by a contract between the donor(s) and the Catholic Community Foundation. Each contract includes:
- The names of the individual or individuals who will receive the lifetime income from the annuity
- The age of the annuitant
- The total annual and quarterly payments
- The charitable beneficiary or beneficiaries of the annuity
Once a charitable gift annuity is established, the donor(s) cannot add money to it, however, they can set up additional annuities.