THE Community Foundation For Cobb County
Jerry Nix, 2008 Visionary Philanthropist Award Recipient
Check back soon—the 2009 recipient will be announced in the coming months!
Advantages for Non-Profit Organizations of an Endowment Fund with The Cobb Community Foundation
Establishing an Endowment Fund with the Cobb Community
Foundation provides:
- An immediate endowment vehicle
- An attractive and well-established method of giving for donors
- Expertise in handling a wide variety of charitable gifts
- Assistance in approaching donors, and providing speakers for Board/Volunteer training or donor seminars
- A comprehensive planned giving program
- Assurance to donors that their gifts will be permanent
- Management of all assets, including setting the asset allocation and spending policy rate, and selecting and monitoring investment managers
- A quarterly report on all funds
- An emphasis on permanence and growth of the endowment.