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Questions & Answers... Use the following links to find the answers to frequently asked questions about CCCF and funds.
What is a community foundation?A community foundation is a collection of funds established by individuals, families, corporations and nonprofit agencies to enhance the quality of life in a local area. These funds are pooled and, with professional money management, invested by a board of directors comprised of community leaders. Funds may be distributed as grants by the community foundation, on the recommendation of donors and subject to the approval of the board. Like its national counterparts, the Chariton County Community Foundation is a fully tax-exempt public charity formed to serve a wide range of donors concerned about quality-of-life issues, locally and throughout the country. How does a community foundation work?A community foundation such as CCCF can customize a fund account of lasting value and impact to meet specific philanthropic objectives. Grants made from a donor’s fund are given in the donor’s name to agencies selected by the donor. Any charitable cause, anywhere in the United States, can be a grant recipient from a donor fund, which serves as a charitable savings account. Why should I use a community foundation for my charitable giving?
What is CCCF?The Chariton County Community Foundation, established in 2000, is a fully tax-exempt public charity under sections 501(c)(3) and 170(b)(a)(A)(vi) of the Internal Revenue Code. Our charitable services are available to anyone interested in personal giving for public good. The Community Foundation is designed to make giving easy for individual or family donors and their financial advisors with the best combination of tax savings and philanthropic choices for donors. We also support nonprofit agencies with the growth and management of endowment funds and, through our Center for Community Initiatives, assist emerging nonprofits and sponsor collaborative programs that make Chariton County a better place to live. When did CCCF begin and what is your current financial status?Staffed for operation in 2000, CCCF ended 2001 with over $110,000 in assets in the various funds. During 2001 more than $15,000 in grants were made to a variety of individuals and organizations. Thank you for visiting our web site. We invite you to visit again soon.
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Current CCCF Funds \ CCCF News \
Who We Are \ Chariton County
Community Foundation
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