Why start a fund?
- Honor a loved one by establishing a memorial fund to support a cause that was important to them
- Raise funds for a charitable goal or project without incurring the time and cost of forming a separate non-profit
- Foster generational giving and honor your family’s legacy
- Channel funds for recovery efforts when and where they are needed most in a time of crisis
- Support your favorite non-profits while benefiting from the tax-deductible advantage of maintaining a fund
- Streamline your business’s corporate giving
We work with our funders on many different levels. We can assist you by recommending funding choices or if you prefer, can refer you to community experts to help determine funding needs. Rockland Community Foundation offers a variety of fund types to suit your philanthropic goals.
RCF BOARD DIRECTED FUNDShover to learn more
RCF Board directed funds
These funds allow us the flexibility to address Rockland’s ever-changing needs through strategic grant making. Typically, these funds facilitate innovative responses to community opportunities and challenges. Rather than designating how the money will be spent, you allow the Community Foundation to determine the most effective ways to seize our community’s most compelling opportunities or respond to the most pressing needs.
FIELD OF INTEREST FUNDShover to learn more
FIELD OF INTEREST FUNDS
A field-of-interest fund gives you the opportunity to target your contribution to the fields most important to you. Whether you are interested in education, youth, healthcare, the arts, or some other area of impact, these funds are broad in scope, yet targeted to meet the persistent needs of the field. We can help you identify, evaluate, and award grants to the most qualified and deserving organizations and programs in your area(s) of interest.
DONOR ADVISED FUNDShover to learn more
Donor advised funds
Donor advised funds allow you to play an active role in the grant-making process by making recommendations on charitable projects or organizations to support. It is easy to give to multiple nonprofits through donor advised funds, although the Community Foundation’s Board of Directors is legally responsible for approving all grants.
AGENCY DESIGNATED FUNDShover to learn more
AGENCY DESIGNATED FUNDS
Designated funds allow you to direct your gift to a specific agency or purpose. Almost any 501(c)(3) nonprofit organization may be designated to receive support for its mission. You identify the recipient(s) you wish to benefit through your gift and our staff manages the annual distribution of funds from the endowment.
SCHOLARSHIP FUNDShover to learn more
A scholarship fund lets you help deserving students further their education. The Rockland Community Foundation can help you create a scholarship that will benefit students from preschool to postgraduate work.
PROJECT FUNDShover to learn more
Project Funds allow nonprofit organizations who are in the process of filing for 501(c)(3) status to use the Community Foundation as its fiscal agent/sponsor. In some cases, the Community Foundation establishes Project Funds to serve as the 501(c)(3) organization for charitable causes so individuals or groups can avoid the time and expense of creating one.
There are many advantages to setting up a fund with RCF. First, it is less costly and less time consuming than establishing a private foundation.
Just as important, RCF provides the following:
- We offer donors a flexibility they can’t find through commercial organizations.
- We handle reporting and legal requirements.
- We provide administrative and investment services at an extremely low fee.
- We work to attain the most favorable investment return.
We welcome the opportunity to provide information about working with the Rockland Community Foundation to help you meet your philanthropic objectives. Complete the information below and you’ll hear from us soon. For immediate attention, please call Executive Director Julie Sadowski on 845-849-6751.