Establish a Fund

Our flexibility offers your clients many options!

Setting up a charitable fund can be a powerful and rewarding philanthropic endeavor and a way to protect your clients’ charitable donations and assets, as well as your clients’ charitable wishes. At The Community Foundation of Harrisonburg & Rockingham County an individual, a family, a business, a nonprofit organization or a private foundation can open a fund.

Four Easy Steps to Establish a Fund

Starting a fund at The Community Foundation of Harrisonburg & Rockingham County is easy. Your clients can open a fund with as little as a $10,000 charitable donation or with a developed plan to reach $10,000.

1. Decide on the type of fund that works best for your client.

2. Have your client name their fund. (Individual or family name, name of a business, in memory of a loved one, etc.)

3. Have your client complete a fund agreement. A fund agreement is something The Community Foundation of Harrisonburg & Rockingham County will draft and review with the donor. Should you wish, you are also welcome to review the agreement.

4. Assist your client in the transfer of assets to be used to establish the fund.

We welcome the opportunity to assist with your clients’ charitable donations.

Staff members at The Community Foundation of Harrisonburg & Rockingham County are available to meet with your clients in person, by phone or via email to help them select the appropriate fund type or address other questions they might have regarding a charitable donation. We look forward to assisting your clients in establishing the fund that best serves them, their family or their organization. Our staff can also help your clients learn more about the needs of the Harrisonburg and Rockingham County community by providing information on our Community Needs process.

We can help your clients establish a fund to honor someone important to them.

For those clients establishing a fund as a memorial for a recently deceased loved one, please know that a fund may be established in a matter of an hour or so, deferring distribution and other decisions for a later time. Our staff will be pleased to help your clients establish a fund when the timing is best for them.