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Become A Donor Overview
Donors can create funds with the
Eastern Shore of Virginia Community Foundation (ESVCF) with the goal of
improving life in Accomack and Northampton Counties. The Foundation, through
its affiliation with The Norfolk Foundation, enables donors to create
permanent funds to meet critical needs. In addition, donors can choose
whether to name their funds or to remain anonymous.
When selecting, a donor can choose from among a variety of fund types with
ESVCF. Donors either may create a new fund, or may add to existing funds.
Fund types include:
Donor Advised Funds
- These funds allow donors to be involved in recommending the
nonprofit organizations that will receive grants from their funds. By
creating donor advised funds donors can meet their interests in years to
come by establishing one single fund.
Unrestricted Funds
– These funds carry no restrictions as to the specific nonprofits that
will receive grants from the fund. The ESVCF board will recommend to The
Norfolk Foundation, which administers fund assets, grants to support a
broad range of needs in Accomack and Northampton counties. Unrestricted
funds enable the Foundation to respond to areas of greatest need now and
in the future.
Field of Interest Funds
– A donor can select a particular area of interest for grantmaking.
ESVCF’s board will recommend to The Norfolk Foundation specific grant
recipients within a donor’s chosen area. Examples of areas of interest
include education, the arts, health, and the environment.
Designated Funds –
These funds let donors name specific nonprofit organizations to receive
support. These funds are an effective and efficient way for a donor to
provide for a favorite charity through a permanent fund.
Scholarship Funds
– These funds help deserving students reach their educational goals.
Professional handling of applications, selection of scholarship
recipients, and administration of the scholarship are effected through the
ESVCF affiliation with The Norfolk Foundation, which conducts an extensive
scholarship program. Donors can gain satisfaction in knowing that they
have helped students achieve one of life’s most important goals.
Organizational Funds
– These funds are established by nonprofit organizations to
generate funds for their own uses.
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