Types of funds

We offer our donors many ways to meet their charitable goals. The most common include:

Donor advised funds are vehicles that allow you to simplify and streamline your charitable giving. By establishing a tax-deductible donor advised endowment with NCCF, you can centralize your charitable donations, making giving easy, flexible and fun.

A donor advised fund operates much like a private foundation, but without the expense and tax-reporting requirements.

Field of interest funds are established to support programs or organizations in a subject area important to the donor, such as education, preservation, the environment or the arts. 

Designated funds are established to benefit specific organizations or programs. If a designated organization dissolves, NCCF works with you or the fund representative to identify a similar program to maintain the spirit of the original charitable intent.

Agency funds are established by a nonprofit organization to provide an annual source of income to support its mission or operations. An organization placing its endowment with NCCF directly benefits from inclusion in a large portfolio, with access to experienced investment managers and other endowment services.

Scholarship funds provide grants for post high school educational purposes. Donors may recommend an academic focus for their scholarship funds (such as nursing, the arts or engineering) and eligibility criteria (including financial need, academic merit, geographic residence and/or community service).

Beth Boney Jenkins
Vice President of Development
(919) 256-6932
Megan Lynch Ellis
Regional Director of Development
(828) 355-4306
Mary Morgan
Philanthropy Counsel
(919) 256-6909