Fund Types

Leverage our expertise to manage your giving

The Community Foundation offers maximum flexibility for investing dollars in your charitable fund.

When you collaborate with us, you can explore venture or social impact investing, consider investment options from our wealth management partners, and manage investments that are offered on CFNJ’s platform.

To learn more about the various funds we offer, review the Charitable Funds Options Chart below or check out our fact sheets on our Resources page.

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Charitable Funds Options

FUND TYPES

BENEFITS

STEPS

Legacy Funds

Provides a unique opportunity to create a charitable legacy and preserve your impact on a cause or community in the future.

You may create a legacy fund as part of a will, through a bequest, and/or through a letter of agreement with CFNJ. You also have broad flexibility in specifying the focus and reach of your legacy.

DAFs

Simplifies giving from a centralized fund — on top of the maximum tax deduction for contributions. You can increase your giving potential to causes that matter to you and be more flexible.

You choose the name of your fund, select a preferred investment, and may recommend grants to charities at any time. There’s no limit to the number of grants that may be issued in any given year.

Collaborative Funds

Allows individual funders to come together to gather larger financial resources, minimize costs and explore innovations, weigh grantmaking decisions, and tackle major societal issues as a collective.

As a member of the collective, you provide funding to cover grantmaking, contracts and salaries, and operational expenses. CFNJ assists the collective with compliance, day-to-day activities, the grantmaking process, and more.

Scholarship Funds

Ensures you make a powerful impact on students by helping them seize an educational opportunity that sets them up on a path to independence and success after high school.

You can design a scholarship fund that reflects your values, memorializes a loved one, honors a special person’s accomplishments, or celebrates a lifetime of achievement.

Corporate Philanthropy Funds

Helps businesses give back to the community in a way that aligns with their company objectives and approaches philanthropy in a focused, efficient manner that makes the most of their charitable investment.

We partner with you to outsource some or all of your philanthropic administration. We satisfy a spectrum of needs in the process — from identifying nonprofit partners to overseeing grants.

Agency Endowment Funds

Assists your charitable organization in establishing an endowment fund that meets current and future needs.

CFNJ invests the endowment into a pool that’s designed and managed for long-term charitable purposes, freeing you to concentrate on your charitable work.

Special Project Funds

Allows for flexible, innovative ways to generate new approaches to address current challenges and opportunities throughout New Jersey.

These funds can be initiated by a business, foundation, donor, CFNJ, or a special partnership.

Designated Agency Funds

Creates a long-term income stream for a charity of your choice.

You permanently support an organization with a focused charitable commitment.