Why Open a Fund at the Cape Cod Foundation?

A fund at the Foundation offers the following benefits:

• Permanence-- A gift given to the community through The Cape Cod Foundation is given in perpetuity. As a permanent memorial in your name, or the name of someone you wish to honor, your fund enables you to carry out your charitable interests now and in the future. Your gift will never lose its power to fulfill your charitable goals and will always keep pace with changing times.
• Tax Advantages--When you create a fund at The Cape Cod Foundation, you receive an income tax or estate tax deduction. Because the Foundation is a public charity, all donations earn the maximum available deduction. Funds are also exempt from excise taxes and the many other restrictions placed on private foundations. This means that more resources are available to address community needs.
• Economics-- Using The Cape Cod Foundation is an economical way to make your contributions work for you. For most funds, the Foundation charges only a modest annual administrative fee of one percent of the fund's fairmarket value. Extraordinary expenses for legal, consulting, or program services are charged against the appropriate fund.
• Professional Management-- All assets are professionally managed according to the investment policies established by the Board of Directors. Your fund benefits from being pooled and invested with the Foundation's $30 million in assets.
• Charitable Impact-- The Cape Cod Foundation can assist you in targeting your contributions where they will do the most good on Cape Cod. Grants from your fund may be combined with those from other funds for greater impact.