AGENCY FUNDS
By choosing to manage your nonprofit endowment through the Vermont Community Foundation, you are helping to build healthy and vital Vermont communities, while gaining access world-class investment services and receiving support from an organization whose only business is philanthropy.
We currently manage over 100 agency funds for various nonprofits in the state, including the Vermont Land Trust, St. Johnsbury Athenaeum, Flynn Center for the Performing Arts, Chelsea Public Library, Rutland Health Foundation, and the Brattleboro Area Drop-in Center. Click here to see a full list of our agency funds.
Here are some of the benefits of establishing an agency fund:
- World-class Investment Management
Because our investment dollars are pooled, with current invested assets at $115 million, it gives us access to opportunities and expertise not available to smaller investors. We work with Colonial Consulting, a New York-based investment consultant that serves 94 clients, including 27 community foundations.
- Fund Management Services
We provide basic administrative services, including accounting and record keeping. We can also manage various types of gifts to the fund, including appreciated securities, real estate, closely-held stock, insurance policies, tangible personal property, and bequests.
- Planned Giving Partnership Program
We have a planned giving specialist (and Certified Financial Planner™) on staff. Our turn-key planned giving program features charitable gift annuities, charitable remainder trusts, and charitable lead trusts. The program requires no upfront investment, additional staff training, or organizational liability. Click here to read more about the program.
- Increased Donor Confidence
Having a fund at the Foundation gives your organization an affiliation with a respected statewide public charity. Our history and mission can help reassure your prospective donors who value the stewardship we provide.
Please contact one of our philanthropic advisors for more information.
