How it works: what and ways to give

Gifts: With a minimum contribution of $25,000 or $40,000 for a scholarship fund, you may establish a named endowment by completing a legally binding agreement that outlines your charitable intent.

NCCF accepts many types of charitable gifts, all tax-deductible to the fullest extent allowed by law. Among the types of contributions that can be used to fund an endowment are:

  • Cash (or checks) – often the simplest and most convenient form of gift
  • Publicly traded securities (equities, bonds, mutual funds)
  • Closely held stock*
  • Real estate*
  • Tangible personal property*

*These require prior approval and may have other conditions of acceptance.

Ways to give: In addition to the types of contributions listed above, there are many other ways a donor may establish an endowment fund or give to an existing fund. Many of these methods involve planned gifts or estate planning, which may provide donors and their heirs the benefit of lower income and estate taxes.

  • Gifts by will or testamentary transfers
  • Charitable remainder trusts
  • Charitable lead trusts
  • Retirement plan assets
  • Life insurance
  • Private foundation transfers 

Growth: NCCF works with several professional asset managers who ensure that your endowment fund is invested for stability and growth.

Grants: Annual grant amounts equal up to five percent of the fund’s average balance, which is calculated over the previous 12 quarters. NCCF reports how much your fund has available to distribute, and you recommend which nonprofits you want to support, using the spendable amount for grantmaking.

Fees: Administrative fees are assessed at the rates below. All funds are subject to a minimum annual administrative fee of $250, except scholarship funds, which are subject to a minimum annual fee of $800.

Donor advised funds balance 1.0% of average
Field of interest funds balance 1.5% of average
Designated funds balance 1.0% of average
Agency funds balance 1.0% of average
Scholarships balance 2.0% of average
Affiliate unrestricted funds balance 1.5% of average
Non-endowed gift funds Minimum fee, NCCF retains bank interest
Funds above $1,000,000 Negotiable
Kathryn Roebuck Holding, J.D.
Director of Development
(919) 256-6932
To begin
Beth Boney Jenkins
Regional Director of Development, East
(910) 782-2895
For donors in eastern counties
Megan Lynch Ellis
Regional Director of Development, West
(828) 355-4306
For donors in western counties
Mary Morgan, J.D.
Philanthropy Counsel
(919) 256-6909
For attorneys