Ways to Give
Northamptonshire Community Foundation brings together people and organisations from all walks of life who want to help the community in Northamptonshire. All donations, of whatever size, work to improve the quality of life within the county today and in the future. Several methods of giving to the Northamptonshire Community Foundation are given below.
Thinking of Setting up a Charitable Trust?
Northamptonshire Community Foundation offers an alternative to establishing a charitable trust with an efficient, flexible and cost effective way for donors to channel their charitable giving for the lasting benefit of the local community. Setting up a named fund within the Community Foundation is easy and we handle all the legal and administrative requirements and offer a tailor made service to match your charitable aspirations.
Currently Managing a Charitable Trust?
Anyone involved in the administration of a charitable trust knows how much hard work and effort is required to ensure that it runs efficiently, effectively and in line with the Charity Commission’s statutory requirements.
Why not consider transferring the trusteeship of your Fund to the Foundation? You will then have a “Named Fund” within the Foundation, which would be professionally managed in line with your objectives. The Foundation will take away the administrative burden and offer a professional grant assessment service. Your involvement can be tailored to suit your individual requirements.
Why Use Northamptonshire Community Foundation
- We deal with the day-to-day hassle of receiving charity requests
- We act as a single channel through which you can support your local community
- We assume the increasing burdens on Trustees following regulatory changes including the Trustee Act 2000 & SORP 2005
- We can act on behalf of donors who wish to remain anonymous
- The work of the Foundation is overseen by a board of independent Trustees
- We provide a simple way to fulfil multiple charitable interests with an annual charge covering all administration, grant making and investment management costs
- We encourage and facilitate donor involvement in selecting beneficiaries
- We offer the opportunity for donors to present grants to local groups and visit funded projects
- We ensure your giving is done in the most effective way – so that every penny of your donation counts
Setting up a Fund
Donors have various choices to make regarding the type of fund they want to create. These are:
- Unrestricted or Field of Interest
- Discretionary or Advised
- Endowment
Unrestricted Funds
Unrestricted Funds are used to respond to the needs of communities within Northamptonshire. Grant making decisions are made by the appropriate Northamptonshire Community Foundation Grants Panel and endorsed by its Board of Trustees.
Field of Interest Funds
These designated funds enable the donor to select an area of need to support. These may be defined in one or a combination of the following ways: geographical area (e.g. a town or district), beneficiary group (e.g. young people or the homeless) and purpose (e.g. training).
Discretionary Funds
Enable the Foundation to make grants without prior reference to the donor, either generally or within the limits of a specified field of interest. The donor will receive details of all grants made by way of regular reports at agreed intervals.
Advised Funds
Enable donors to become more involved in grant making decisions if they so wish. The extent of involvement can vary according to individual preference.
Endowment Funds
Endowment funds can be established in various ways, including a cash lump sum or gifts of shares and property, and may be built up over a period of years. Funds are invested within the Foundation’s overall portfolio with the aim of long-term growth of capital and income. The income generated from the investment returns enables the Foundation to make grants to meet the community’s current and future needs.
Find Out More
If you would like to discuss how Northamptonshire Community Foundation can help with your charitable giving, please telephone us on 01604 230033.