News for fundholders

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Market commentary and investment performance | Second quarter (April – June 2023)

What we saw: Despite overall tighter financial conditions, stock markets staged a significant and welcomed rally in the first half of 2023.   Global equity markets were particularly stro…

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Community connections, support for employees set Mast General Store apart

VALLE CRUCIS, N.C. – Ten years after Mast General Store owners John and Faye Cooper’s son, John Cooper III, died in a car accident in 1989, store employees initiated a scholarship …

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Legacy giving: Accessible philanthropy with lasting impact

Building charitable giving into your estate plan can help you realize your philanthropic goals, achieve tax advantages, and leave a growing legacy for generations to come. This type of charita…

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Consider this legacy giving strategy: Stock to the kids, IRA to charity

At the end of March, total retirement assets in the United States topped more than $35 trillion dollars, accounting for 30 percent of all household financial assets. IRAs topped the charts at …

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Scholarship plants new opportunities for migrant farmworker families, names inaugural recipient

As a public health nurse serving migrant farmworkers, Joan McGuire saw firsthand the need for nurses with a strong understanding of the challenges and issues – including language barrier…

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Catawba fund creates opportunities for young artists

Kathryn Greathouse served as executive director of the United Arts Council of Catawba County for 26 years. When she retired in 2021, Danielle Cannon, Arts Council board president at the time, …

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Top trends in philanthropy: A conversation with nonprofit leaders

As communities emerge from the COVID-19 pandemic, funders can build upon the lessons of the pandemic to better support nonprofits in building resiliency, growing capacity, and continuing the c…

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Lee County Community Remembers Hall of Fame Coach Paul B. Gay with Endowed Scholarship

Coach Paul B. Gay, longtime Sanford resident and beloved high school teacher, was head football coach at Sanford Central High School (now Lee County High School) for 24 years. Under Coach Gay…

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Endowment celebrates an educator’s life of service, helps students in crisis

When Sandra Miller passed away in early 2021 following a battle with cancer, her husband of more than 40 years, Chip Miller, knew he wanted to do something to celebrate her life of service. Ho…

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Endowment grows hope in eastern Haywood County, with $62,000 in grants awarded so far this year

The Cruso Endowment, a charitable fund at the North Carolina Community Foundation that benefits the eastern Haywood County community, is offering support to a region that continues to face cha…

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