Friends + Neighbors + Philanthropists

Funds Created between January 1 and June 30, 2021

What is a nonprofit fund?

Charitable Gift Annuities and Charitable Remainder Trusts

allow donors to make a future gift and receive income and tax advantages now.

Jerry Cole Charitable Remainder Unitrust Carol Greenspan Charitable Gift Annuity Delphia Lamberson Charitable Gift Annuity 1

Designated Funds support specific nonprofits named when the fund is established.

Brame-Mattox Designated Charitable Fund 2021 Burgin 2021 Charitable Fund First Presbyterian Church Bear Fund Hembree Designated Fund 2021 Hibbard Philanthropic Fund #5 Sciara Designated Fund 2021

Donor Advised Funds allow donors to make a charitable contribution, receive an immediate tax benefit and recommend grants over time.

Aydlett Family Fund Badenoch Fund Cannady-Ford Family Fund Dysart Oliphant Family Fund Ero Fund Fund Day Fund Glendale PSSE Fund Hunt Mallett Do Good Fund Jeffrey and Juli Dave Donor Advised Fund Proverbs 3:9 Fund Rachel Helen Silver Sunshine Fund Two Unsweets Fund

Expectancy Funds are established to receive assets at a later time, typically through an estate plan, charitable gift annuity or charitable trust.

Cole Scholarship Fund Fred W. Meyer Fund Gail Jolley Charitable Fund HeyK Fund Field of Interest Funds support a broadly-defined area such as the arts, the environment or health.

Coleman and Bretney Smith Fund

Memorial Funds are a simple, meaningful way to honor a life.

Eliza Faris Ward Fund for Single Moms

Nonprofit Funds are created to invest and steward a nonprofit’s long-term or endowed assets.

CooperRiis Charitable Fund Haywood Habitat for Humanity Fund MVC Operational Fund Trails and Views Fund YWCA of Asheville - Operations Fund #1 YWCA of Asheville - Operations Fund #2

Scholarship Funds support educational opportunities for students. Celo Health Education Corporation / Dr. Elpenor Ohle Scholarship Fund

Placing endowment funds at CFWNC ensures the long-term stewardship and objective fiscal management of a nonprofit’s funds and frees their staff from the burdens of endowment management and reporting. CFWNC offers expertise in administration and investment management. Nonprofit fundholders complement their development efforts with charitable products including gift annuities and remainder trusts. As of June 30, we steward 209 nonprofit funds for 127 organizations, comprising 24% of CFWNC’s total assets. We value this opportunity to serve our nonprofit partners.