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Town Fund FAQs

What is a Town Fund?
A Town Fund is a permanent endowment of The Cape Cod Foundation.

What does a Town Fund support?
It supports designated 501(c)3 charitable organizations in the community. Each grant cycle, local nonprofits submit proposals for projects and programs. The Town Fund Advisory and Grantmaking Committees decide which proposals to support. Town Funds typically fund a broad range of initiatives, including those that provide health and human services, offer educational and cultural
enrichment, and address environmental concerns.

Who creates a Town Fund?
People who care about their community. People like you. Each of our Town Funds started as a grass roots movement. Some
residents provided vision and leadership; others donated generously to create a charitable legacy for the community.

Who governs a Town Fund?
Each Town Fund forms an Advisory Committee and a Grants Review Committee comprised of town residents. The Foundation is an advisor and resource for each committee.

Why is being part of The Cape Cod Foundation important?
The Cape Cod Foundation, a community foundation, is the hub of the Cape’s philanthropic community. For more than three decades, its leaders have forged strategic partnerships, created funder collaboratives, and used the Foundation’s discretionary resources to provide grants to nonprofit organizations, award scholarships to local students, and launch other initiatives that strengthen the Cape Cod region. The Foundation’s team of professionals provide investment and management services to the Town Funds, along with extensive marketing, development, grantmaking, and administrative support.

Why a permanent endowment?
It has a greater impact in the community. As a permanent fund, the endowment will support the town’s priorities today and
in perpetuity. And, as the endowment grows over time, The Fund can increase the grants to nonprofit organizations.

Why would someone donate to a Town Fund instead of making a gift directly to a local nonprofit organization?
A gift to a Town Fund has two key benefits: it helps many local organizations every grant cycle, and it helps build the endowment so that the Fund can continue to award grants in the future.  Also, when a single gift is combined with other gifts, its impact multiplies.

 

Create your own fund. Donate to an existing fund. Support the Foundation’s Civic Leadership Initiatives.
Together, we have invested more than $75 million in grants and scholarships in the Cape Cod Community. For good.

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Cape Cod Foundation
508.790.3040
261 Whites Path, Unit 2
South Yarmouth, MA 02664
info@capecodfoundation.org

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