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The Future of Philanthropy The 40 Under 40 in Philanthropy celebrates those who give of time talent or treasure to charitable causes and inspire others to create a significant difference in our community. Nominate Someone Today! Honorees may be featured in social media posts, news publications, and other promotions, and will also receive two tickets to the Community Foundation Annual Meeting on November 1st. We ask that nominees: Be under the age of 40 at some point during 2024 and should have reached their 21st birthday prior to the nomination deadline. If a nominee works in nonprofit, their impact should be beyond the scope of the employment. The nominee’s philanthropic impact should occur in Somerset, Wicomico, and/or Worcester Counties. Multiple applications for the same nominee may be submitted and will be combined into one nomination presented to the selection committee. All nominations must be submitted via the nomination form. Nominations will not be accepted by email or mail. Important Dates May 15th Final Nomination Deadline ​ June 3rd Honorees Notified ​ June 13th Honorees must return acceptance form ​ July 9th Honorees Announced Online

Top of Page Gallery BUILDING TOGETHER CORPORATE GIVING FOR STRONGER COMMUNITIES Learn More Thank You 2024 Sponsors! News THE LATEST FROM CFES 3 days ago 2 min Community Foundation celebrates 40 years with SACC event The Community Foundation of the Eastern Shore celebrated 40 years of impact with the Salisbury Area Chamber of Commerce at a Business... 7 days ago 1 min Employment: Database Administrator The Community Foundation of the Eastern Shore is seeking a Database Administrator to join our team as a part of the Foundation’s growing phi Mar 15 2 min Over $500,000 in scholarships available to local students More than $500,000 in scholarships are available for area students through the Community Foundation of the Eastern Shore (CFES). The... Read More Events LEARN & CELEBRATE All Events THE INSIDE SCOOP GIVING TUESDAY THE SHORE GIVES MORE LEARN MORE Philanthropy is our business At the Community Foundation of the Eastern Shore we connect people who care, with causes that matter. WHO WE ARE Give DONOR SERVICES Giving is as unique as you! When you make a charitable gift through your community foundation, you unlock a world of opportunity. Grow FUNDING & PROGRAMMING Learn, grow, and collaborate with us! We offer many resources which are designed to strengthen local nonprofit organizations. Donate GIVE INSTANTLY ONLINE Our donors create hope and spread joy. Together we are making our region a better place to live, work, play and learn. Thank you! Get involved. GET UPDATES ON SPECIAL EVENTS & NONPROFIT NEWS. Email Sign Up

Lower Shore Nonprofit Summit The April 25th & 26th | Salisbury, MD REGISTER NOW Registration Closes April 22 | Spaces are Limited Schedule Memorial Fund When a loved one passes away, many families and friends wish to create a lasting legacy to honor their life. A Memorial Fund gives you time to consider how to best represent your loved one's passion and interest, while giving you an immediate place to direct gifts. When the endowment fund reaches a balance of $10,000, the investment earnings can be used to make grant to community causes or tax-exempt nonprofits selected by you and/or your family. The Benefits: A memorial endowment fund gives you time to make specific charitable decisions later, allowing you to focus on more time-sensitive matters. Establishes a permanent fund to accept gifts made in your loved one's memory. These gifts are invested to create future grants from the fund that will support the nonprofit(s) or cause(s) of your choice forever. The Community Foundation’s online platform provides you access to the names and addresses of those who have made a gift to the fund. CFES acknowledges all gifts made to the fund by sending a thank you to the donor on your behalf. You may choose to also send a separate personal thank you for the gifts. All gifts are tax-deductible to the fullest extent allowed by the law. Learn more or create a memorial fund here. Donor Advised Fund Think of a donor advised fund as a charitable checking account to support the nonprofit organizations you care about. You can support causes you care about when and where it is convenient for you. The Benefits: Your contributions to the fund are generally tax deductible right away, while you have the ability to decide when to support your favorite charities. Donor advised funds are our most flexible fund type. Great for donors who want a hands-on approach to giving. You receive the diligence and charitable guidance of CFES. We offer both endowed and non-endowed options. We Offer Two Options: Endowed Funds: The initial gift (or some portion of the initial gift) and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for the charities you recommend. A portion of the fund’s investment earnings are available to support charities at your request. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. Endowed funds are invested in the CFES portfolio. Non-Endowed Funds: All contributions, as well as income and earnings net of fees, are available to support charities at your request. The minimum to establish a non-endowed fund is $5,000 and all but $1,000 of the fund balance may be granted out. Non-endowed funds have the option to be invested in the CFES portfolio if a $50,000 balance is maintained; otherwise, in lieu of a fee, CFES sweeps any interest earned. Minimum to Establish: Non-endowed - $5,000. Endowed - $10,000 Learn More Community Needs Fund These funds are established by a donor(s) or organizations for the purpose of supporting broad charitable goals in the community. Community Needs funds can support any charitable goal, which make them the most flexible fund option. The Process: The donor(s) works with CFES to draft a fund agreement that will outline the purpose of the fund. The donor(s) transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. CN Funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for current and future needs in our region. A portion of the investment earnings of the fund are available to be turned into grants. Grant applications are submitted by nonprofit, community, and faith-based organizations. Volunteer committees evaluate the grant applications to create grants. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The Benefits: Community Needs Funds allow CFES to respond to urgent needs today and prepare for changing priorities in the years to come. These funds are eligible for the Endow Maryland Tax Credit Program, which provides a 25% state tax credit for gifts of $500 or more. Donors benefit from the Community Foundation’s expertise in long-term management of assets, the knowledge that their charitable goals will be carried out in perpetuity, and the flexibility to customize their giving options to help achieve their charitable vision. Minimum to Establish: $10,000 Learn More Field of Interest Fund These funds are established by a donor(s) or organizations for the purpose of supporting broad charitable goals in the community. Field of Interest funds are targeted support for a specific area of focus, for example, youth or the environment, or a specific geographic area, such as a county or a city. The Process: The donor(s) works with CFES to draft a fund agreement that will outline the purpose of the fund. The donor(s) transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. FOI Funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for current and future needs in our region. A portion of the investment earnings of the fund are available to be turned into grants. Grant applications are submitted by nonprofit, community, and faith-based organizations. Volunteer committees evaluate the grant applications to create grants. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The Benefits: Field of Interest Funds allow CFES to respond to urgent needs today and prepare for changing priorities in the years to come. These funds are eligible for the Endow Maryland Tax Credit Program, which provides a 25% state tax credit for gifts of $500 or more. Donors benefit from the Community Foundation’s expertise in long-term management of assets, the knowledge that their charitable goals will be carried out in perpetuity, and the flexibility to customize their giving options to help achieve their charitable vision. Minimum to Establish: $10,000 Learn More Administrative Endowment Fund Administrative Endowments are the engine that drives our mission of inspiring community philanthropy. These funds allows Foundation staff to provide invaluable philanthropic expertise and knowledge of local needs to donors and nonprofits who are working to make a difference on the Lower Eastern Shore. As a nonprofit, we operate with a staff of dedicated professionals and like many local businesses, we must invest in our people and our organization, as well as our community. Contributions to the Foundation’s Annual Appeal, and income generated by our administrative endowment funds allow us to provide valuable programs and services to our nonprofit partners and donors. The Benefits: Helps create long-term sustainability for our mission and work. Administrative Endowments are permanently invested and generate an enduring, consistent revenue stream. Thus, gifts today provide an infinite amount of support for the Community Foundation’s vital mission. The endowment represents the Foundation's permanent capital and allows our staff to grow philanthropy on the Lower Shore. Admin. Endowment revenues allow us to provide fiscal advice and support, conduct nonprofit research and evaluation, improve philanthropic education, and grow local nonprofits. Provides ongoing support for the CFES operating budget. Administrative Endowment Funds enables the Foundation to keep our administrative fees low, thus benefiting all CFES funds and the charitable purposes they support. How does it work? The donor(s) works with CFES to draft a fund agreement that indicates it is to support the Community Foundation and selects the name for the fund. Assets are transferred to CFES and invested in the CFES portfolio. The fund begins to receive gains or losses based on market performance. A portion of the investment earnings of the fund are available to support the foundation. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The minimum to establish: $10,000. Learn More Nonprofit Partner Fund A nonprofit partner fund is established by a charity at a community foundation for the charity’s own benefit. Grants are made from the fund to the charity for general use or for specific activities determined by the charity. We Offer Two Options: Nonendowed Funds: Your organization revocably authorizes the Community Foundation to manage the money within its selected portfolio. The organization can request and receive up to 100% of its assets as requested. Nonprofit Endowment Fund: Your organization establishes an endowment fund with the Community Foundation in perpetuity. An annual payout based on the Community Foundation’s spending policy is designated to your nonprofit. This option is best for organizations that want to assure donors that the endowment’s principal will remain intact or honor a donor’s bequest to the endowment fund. Process: Your organization’s leadership works with CFES to draft a fund agreement that will outline the purpose of the fund and the grant distribution schedule (upon request, annually, quarterly, etc.). Your organization transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. The organization receives a quarterly communication on fund performance. A fund representative is identified by the organization to receive these communications and to submit grant requests. Benefits: Receive the expertise of the Community Foundation in long-term management of assets. Flexibility in accepting types of non-cash gifts not accepted by the agency (stocks, real estate, etc.), and the protection that the transfer will provide by establishing a fund at a separate organization. Organizations can opt to receive regularly scheduled distributions as a source of income for operations and programs, or less frequent distributions to help build the fund. Organizations can access real-time fund information and make grant requests using our online platform. Minimum to Establish: Non-endowed - $5,000, Endowed - $10,000 Learn More Designated Fund A designated fund is established by donors to support one or more specific charitable organizations. Grants are made from the fund to the specified charitable organization(s) for either general use or for specific activities selected by the donor(s). The Benefits: Creates a permanent source of funding for your favorite organizations. Simplified charitable giving. You set your charitable vision and we ensure your charitable legacy is fulfilled for generations to come. Your contributions to the fund are generally tax deductible right away. You receive the diligence and charitable guidance of CFES. Minimum to Establish: $10,000 Learn More Scholarship Fund Our scholarship funds are created by individuals, families, and organizations who wish to memorialize a loved one, encourage a certain field of study, or want to extend a helping hand for college-bound students. The Benefits: Criteria for scholarship recipients is established by the donor with guidance from the Foundation to ensure IRS compliance. All scholarship funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring a permanent source of funding for the specified scholarship award. A portion of the investment earnings of the fund are available to support the scholarship. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. CFES issues the scholarship check directly to the institution of higher learning, minimizing your administrative tasks. The minimum to establish: $10,000* * Varies depending on criteria - See below. Scholarship Fund A | Min. to Establish: $10,000 ​Merit or need based selection. Donor can select a high school or college/university. Recipient selected by school selection committee. Scholarship Fund B | Min. to Establish: $25,000 ​Merit or need based selection. Can be managed by an outside committee (donor may not select recipient per IRS guidance.) May include applicants from multiple schools. Scholarship Fund C | Min. to Establish: $500,000 ​Merit or need based selection. Can be managed by an outside committee (donor may not select recipient per IRS guidance.) May include applicants from multiple schools. May be a renewable scholarship. Administrative fee base rate is 1.25%. Additional fees may apply for specific circumstances per fee schedule. Learn More Corporate Giving Fund Corporate Giving Funds provide an alternative to managing your company’s charitable giving. We offer custom services to help your company plan, govern and operate your community philanthropy. These funds can be tailored to support the causes and initiatives that align with your business's values. A Corporate Giving Fund provides your company the opportunity to support charities of choice on a timeframe that makes sense for you. Learn more about Corporate Giving here. THURSDAY APRIL 25TH FRIDAY APRIL 26TH 8:30 AM | Registration & Breakfast Location Perdue Hall, Atrium/Lobby 9:00 AM | Opening Plenary - Michele W. Johnson Location Perdue Hall, PH156 Memorial Fund When a loved one passes away, many families and friends wish to create a lasting legacy to honor their life. A Memorial Fund gives you time to consider how to best represent your loved one's passion and interest, while giving you an immediate place to direct gifts. When the endowment fund reaches a balance of $10,000, the investment earnings can be used to make grant to community causes or tax-exempt nonprofits selected by you and/or your family. The Benefits: A memorial endowment fund gives you time to make specific charitable decisions later, allowing you to focus on more time-sensitive matters. Establishes a permanent fund to accept gifts made in your loved one's memory. These gifts are invested to create future grants from the fund that will support the nonprofit(s) or cause(s) of your choice forever. The Community Foundation’s online platform provides you access to the names and addresses of those who have made a gift to the fund. CFES acknowledges all gifts made to the fund by sending a thank you to the donor on your behalf. You may choose to also send a separate personal thank you for the gifts. All gifts are tax-deductible to the fullest extent allowed by the law. Learn more or create a memorial fund here. Donor Advised Fund Think of a donor advised fund as a charitable checking account to support the nonprofit organizations you care about. You can support causes you care about when and where it is convenient for you. The Benefits: Your contributions to the fund are generally tax deductible right away, while you have the ability to decide when to support your favorite charities. Donor advised funds are our most flexible fund type. Great for donors who want a hands-on approach to giving. You receive the diligence and charitable guidance of CFES. We offer both endowed and non-endowed options. We Offer Two Options: Endowed Funds: The initial gift (or some portion of the initial gift) and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for the charities you recommend. A portion of the fund’s investment earnings are available to support charities at your request. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. Endowed funds are invested in the CFES portfolio. Non-Endowed Funds: All contributions, as well as income and earnings net of fees, are available to support charities at your request. The minimum to establish a non-endowed fund is $5,000 and all but $1,000 of the fund balance may be granted out. Non-endowed funds have the option to be invested in the CFES portfolio if a $50,000 balance is maintained; otherwise, in lieu of a fee, CFES sweeps any interest earned. Minimum to Establish: Non-endowed - $5,000. Endowed - $10,000 Learn More Community Needs Fund These funds are established by a donor(s) or organizations for the purpose of supporting broad charitable goals in the community. Community Needs funds can support any charitable goal, which make them the most flexible fund option. The Process: The donor(s) works with CFES to draft a fund agreement that will outline the purpose of the fund. The donor(s) transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. CN Funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for current and future needs in our region. A portion of the investment earnings of the fund are available to be turned into grants. Grant applications are submitted by nonprofit, community, and faith-based organizations. Volunteer committees evaluate the grant applications to create grants. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The Benefits: Community Needs Funds allow CFES to respond to urgent needs today and prepare for changing priorities in the years to come. These funds are eligible for the Endow Maryland Tax Credit Program, which provides a 25% state tax credit for gifts of $500 or more. Donors benefit from the Community Foundation’s expertise in long-term management of assets, the knowledge that their charitable goals will be carried out in perpetuity, and the flexibility to customize their giving options to help achieve their charitable vision. Minimum to Establish: $10,000 Learn More Field of Interest Fund These funds are established by a donor(s) or organizations for the purpose of supporting broad charitable goals in the community. Field of Interest funds are targeted support for a specific area of focus, for example, youth or the environment, or a specific geographic area, such as a county or a city. The Process: The donor(s) works with CFES to draft a fund agreement that will outline the purpose of the fund. The donor(s) transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. FOI Funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for current and future needs in our region. A portion of the investment earnings of the fund are available to be turned into grants. Grant applications are submitted by nonprofit, community, and faith-based organizations. Volunteer committees evaluate the grant applications to create grants. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The Benefits: Field of Interest Funds allow CFES to respond to urgent needs today and prepare for changing priorities in the years to come. These funds are eligible for the Endow Maryland Tax Credit Program, which provides a 25% state tax credit for gifts of $500 or more. Donors benefit from the Community Foundation’s expertise in long-term management of assets, the knowledge that their charitable goals will be carried out in perpetuity, and the flexibility to customize their giving options to help achieve their charitable vision. Minimum to Establish: $10,000 Learn More Administrative Endowment Fund Administrative Endowments are the engine that drives our mission of inspiring community philanthropy. These funds allows Foundation staff to provide invaluable philanthropic expertise and knowledge of local needs to donors and nonprofits who are working to make a difference on the Lower Eastern Shore. As a nonprofit, we operate with a staff of dedicated professionals and like many local businesses, we must invest in our people and our organization, as well as our community. Contributions to the Foundation’s Annual Appeal, and income generated by our administrative endowment funds allow us to provide valuable programs and services to our nonprofit partners and donors. The Benefits: Helps create long-term sustainability for our mission and work. Administrative Endowments are permanently invested and generate an enduring, consistent revenue stream. Thus, gifts today provide an infinite amount of support for the Community Foundation’s vital mission. The endowment represents the Foundation's permanent capital and allows our staff to grow philanthropy on the Lower Shore. Admin. Endowment revenues allow us to provide fiscal advice and support, conduct nonprofit research and evaluation, improve philanthropic education, and grow local nonprofits. Provides ongoing support for the CFES operating budget. Administrative Endowment Funds enables the Foundation to keep our administrative fees low, thus benefiting all CFES funds and the charitable purposes they support. How does it work? The donor(s) works with CFES to draft a fund agreement that indicates it is to support the Community Foundation and selects the name for the fund. Assets are transferred to CFES and invested in the CFES portfolio. The fund begins to receive gains or losses based on market performance. A portion of the investment earnings of the fund are available to support the foundation. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The minimum to establish: $10,000. Learn More Nonprofit Partner Fund A nonprofit partner fund is established by a charity at a community foundation for the charity’s own benefit. Grants are made from the fund to the charity for general use or for specific activities determined by the charity. We Offer Two Options: Nonendowed Funds: Your organization revocably authorizes the Community Foundation to manage the money within its selected portfolio. The organization can request and receive up to 100% of its assets as requested. Nonprofit Endowment Fund: Your organization establishes an endowment fund with the Community Foundation in perpetuity. An annual payout based on the Community Foundation’s spending policy is designated to your nonprofit. This option is best for organizations that want to assure donors that the endowment’s principal will remain intact or honor a donor’s bequest to the endowment fund. Process: Your organization’s leadership works with CFES to draft a fund agreement that will outline the purpose of the fund and the grant distribution schedule (upon request, annually, quarterly, etc.). Your organization transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. The organization receives a quarterly communication on fund performance. A fund representative is identified by the organization to receive these communications and to submit grant requests. Benefits: Receive the expertise of the Community Foundation in long-term management of assets. Flexibility in accepting types of non-cash gifts not accepted by the agency (stocks, real estate, etc.), and the protection that the transfer will provide by establishing a fund at a separate organization. Organizations can opt to receive regularly scheduled distributions as a source of income for operations and programs, or less frequent distributions to help build the fund. Organizations can access real-time fund information and make grant requests using our online platform. Minimum to Establish: Non-endowed - $5,000, Endowed - $10,000 Learn More Designated Fund A designated fund is established by donors to support one or more specific charitable organizations. Grants are made from the fund to the specified charitable organization(s) for either general use or for specific activities selected by the donor(s). The Benefits: Creates a permanent source of funding for your favorite organizations. Simplified charitable giving. You set your charitable vision and we ensure your charitable legacy is fulfilled for generations to come. Your contributions to the fund are generally tax deductible right away. You receive the diligence and charitable guidance of CFES. Minimum to Establish: $10,000 Learn More Scholarship Fund Our scholarship funds are created by individuals, families, and organizations who wish to memorialize a loved one, encourage a certain field of study, or want to extend a helping hand for college-bound students. The Benefits: Criteria for scholarship recipients is established by the donor with guidance from the Foundation to ensure IRS compliance. All scholarship funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring a permanent source of funding for the specified scholarship award. A portion of the investment earnings of the fund are available to support the scholarship. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. CFES issues the scholarship check directly to the institution of higher learning, minimizing your administrative tasks. The minimum to establish: $10,000* * Varies depending on criteria - See below. Scholarship Fund A | Min. to Establish: $10,000 ​Merit or need based selection. Donor can select a high school or college/university. Recipient selected by school selection committee. Scholarship Fund B | Min. to Establish: $25,000 ​Merit or need based selection. Can be managed by an outside committee (donor may not select recipient per IRS guidance.) May include applicants from multiple schools. Scholarship Fund C | Min. to Establish: $500,000 ​Merit or need based selection. Can be managed by an outside committee (donor may not select recipient per IRS guidance.) May include applicants from multiple schools. May be a renewable scholarship. Administrative fee base rate is 1.25%. Additional fees may apply for specific circumstances per fee schedule. Learn More Corporate Giving Fund Corporate Giving Funds provide an alternative to managing your company’s charitable giving. We offer custom services to help your company plan, govern and operate your community philanthropy. These funds can be tailored to support the causes and initiatives that align with your business's values. A Corporate Giving Fund provides your company the opportunity to support charities of choice on a timeframe that makes sense for you. Learn more about Corporate Giving here. 11:00 AM | Breakout Block 2 Memorial Fund When a loved one passes away, many families and friends wish to create a lasting legacy to honor their life. A Memorial Fund gives you time to consider how to best represent your loved one's passion and interest, while giving you an immediate place to direct gifts. When the endowment fund reaches a balance of $10,000, the investment earnings can be used to make grant to community causes or tax-exempt nonprofits selected by you and/or your family. The Benefits: A memorial endowment fund gives you time to make specific charitable decisions later, allowing you to focus on more time-sensitive matters. Establishes a permanent fund to accept gifts made in your loved one's memory. These gifts are invested to create future grants from the fund that will support the nonprofit(s) or cause(s) of your choice forever. The Community Foundation’s online platform provides you access to the names and addresses of those who have made a gift to the fund. CFES acknowledges all gifts made to the fund by sending a thank you to the donor on your behalf. You may choose to also send a separate personal thank you for the gifts. All gifts are tax-deductible to the fullest extent allowed by the law. Learn more or create a memorial fund here. Donor Advised Fund Think of a donor advised fund as a charitable checking account to support the nonprofit organizations you care about. You can support causes you care about when and where it is convenient for you. The Benefits: Your contributions to the fund are generally tax deductible right away, while you have the ability to decide when to support your favorite charities. Donor advised funds are our most flexible fund type. Great for donors who want a hands-on approach to giving. You receive the diligence and charitable guidance of CFES. We offer both endowed and non-endowed options. We Offer Two Options: Endowed Funds: The initial gift (or some portion of the initial gift) and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for the charities you recommend. A portion of the fund’s investment earnings are available to support charities at your request. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. Endowed funds are invested in the CFES portfolio. Non-Endowed Funds: All contributions, as well as income and earnings net of fees, are available to support charities at your request. The minimum to establish a non-endowed fund is $5,000 and all but $1,000 of the fund balance may be granted out. Non-endowed funds have the option to be invested in the CFES portfolio if a $50,000 balance is maintained; otherwise, in lieu of a fee, CFES sweeps any interest earned. Minimum to Establish: Non-endowed - $5,000. Endowed - $10,000 Learn More Community Needs Fund These funds are established by a donor(s) or organizations for the purpose of supporting broad charitable goals in the community. Community Needs funds can support any charitable goal, which make them the most flexible fund option. The Process: The donor(s) works with CFES to draft a fund agreement that will outline the purpose of the fund. The donor(s) transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. CN Funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for current and future needs in our region. A portion of the investment earnings of the fund are available to be turned into grants. Grant applications are submitted by nonprofit, community, and faith-based organizations. Volunteer committees evaluate the grant applications to create grants. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The Benefits: Community Needs Funds allow CFES to respond to urgent needs today and prepare for changing priorities in the years to come. These funds are eligible for the Endow Maryland Tax Credit Program, which provides a 25% state tax credit for gifts of $500 or more. Donors benefit from the Community Foundation’s expertise in long-term management of assets, the knowledge that their charitable goals will be carried out in perpetuity, and the flexibility to customize their giving options to help achieve their charitable vision. Minimum to Establish: $10,000 Learn More Field of Interest Fund These funds are established by a donor(s) or organizations for the purpose of supporting broad charitable goals in the community. Field of Interest funds are targeted support for a specific area of focus, for example, youth or the environment, or a specific geographic area, such as a county or a city. The Process: The donor(s) works with CFES to draft a fund agreement that will outline the purpose of the fund. The donor(s) transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. FOI Funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for current and future needs in our region. A portion of the investment earnings of the fund are available to be turned into grants. Grant applications are submitted by nonprofit, community, and faith-based organizations. Volunteer committees evaluate the grant applications to create grants. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The Benefits: Field of Interest Funds allow CFES to respond to urgent needs today and prepare for changing priorities in the years to come. These funds are eligible for the Endow Maryland Tax Credit Program, which provides a 25% state tax credit for gifts of $500 or more. Donors benefit from the Community Foundation’s expertise in long-term management of assets, the knowledge that their charitable goals will be carried out in perpetuity, and the flexibility to customize their giving options to help achieve their charitable vision. Minimum to Establish: $10,000 Learn More Administrative Endowment Fund Administrative Endowments are the engine that drives our mission of inspiring community philanthropy. These funds allows Foundation staff to provide invaluable philanthropic expertise and knowledge of local needs to donors and nonprofits who are working to make a difference on the Lower Eastern Shore. As a nonprofit, we operate with a staff of dedicated professionals and like many local businesses, we must invest in our people and our organization, as well as our community. Contributions to the Foundation’s Annual Appeal, and income generated by our administrative endowment funds allow us to provide valuable programs and services to our nonprofit partners and donors. The Benefits: Helps create long-term sustainability for our mission and work. Administrative Endowments are permanently invested and generate an enduring, consistent revenue stream. Thus, gifts today provide an infinite amount of support for the Community Foundation’s vital mission. The endowment represents the Foundation's permanent capital and allows our staff to grow philanthropy on the Lower Shore. Admin. Endowment revenues allow us to provide fiscal advice and support, conduct nonprofit research and evaluation, improve philanthropic education, and grow local nonprofits. Provides ongoing support for the CFES operating budget. Administrative Endowment Funds enables the Foundation to keep our administrative fees low, thus benefiting all CFES funds and the charitable purposes they support. How does it work? The donor(s) works with CFES to draft a fund agreement that indicates it is to support the Community Foundation and selects the name for the fund. Assets are transferred to CFES and invested in the CFES portfolio. The fund begins to receive gains or losses based on market performance. A portion of the investment earnings of the fund are available to support the foundation. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The minimum to establish: $10,000. Learn More Nonprofit Partner Fund A nonprofit partner fund is established by a charity at a community foundation for the charity’s own benefit. Grants are made from the fund to the charity for general use or for specific activities determined by the charity. We Offer Two Options: Nonendowed Funds: Your organization revocably authorizes the Community Foundation to manage the money within its selected portfolio. The organization can request and receive up to 100% of its assets as requested. Nonprofit Endowment Fund: Your organization establishes an endowment fund with the Community Foundation in perpetuity. An annual payout based on the Community Foundation’s spending policy is designated to your nonprofit. This option is best for organizations that want to assure donors that the endowment’s principal will remain intact or honor a donor’s bequest to the endowment fund. Process: Your organization’s leadership works with CFES to draft a fund agreement that will outline the purpose of the fund and the grant distribution schedule (upon request, annually, quarterly, etc.). Your organization transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. The organization receives a quarterly communication on fund performance. A fund representative is identified by the organization to receive these communications and to submit grant requests. Benefits: Receive the expertise of the Community Foundation in long-term management of assets. Flexibility in accepting types of non-cash gifts not accepted by the agency (stocks, real estate, etc.), and the protection that the transfer will provide by establishing a fund at a separate organization. Organizations can opt to receive regularly scheduled distributions as a source of income for operations and programs, or less frequent distributions to help build the fund. Organizations can access real-time fund information and make grant requests using our online platform. Minimum to Establish: Non-endowed - $5,000, Endowed - $10,000 Learn More Designated Fund A designated fund is established by donors to support one or more specific charitable organizations. Grants are made from the fund to the specified charitable organization(s) for either general use or for specific activities selected by the donor(s). The Benefits: Creates a permanent source of funding for your favorite organizations. Simplified charitable giving. You set your charitable vision and we ensure your charitable legacy is fulfilled for generations to come. Your contributions to the fund are generally tax deductible right away. You receive the diligence and charitable guidance of CFES. Minimum to Establish: $10,000 Learn More Scholarship Fund Our scholarship funds are created by individuals, families, and organizations who wish to memorialize a loved one, encourage a certain field of study, or want to extend a helping hand for college-bound students. The Benefits: Criteria for scholarship recipients is established by the donor with guidance from the Foundation to ensure IRS compliance. All scholarship funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring a permanent source of funding for the specified scholarship award. A portion of the investment earnings of the fund are available to support the scholarship. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. CFES issues the scholarship check directly to the institution of higher learning, minimizing your administrative tasks. The minimum to establish: $10,000* * Varies depending on criteria - See below. Scholarship Fund A | Min. to Establish: $10,000 ​Merit or need based selection. Donor can select a high school or college/university. Recipient selected by school selection committee. Scholarship Fund B | Min. to Establish: $25,000 ​Merit or need based selection. Can be managed by an outside committee (donor may not select recipient per IRS guidance.) May include applicants from multiple schools. Scholarship Fund C | Min. to Establish: $500,000 ​Merit or need based selection. Can be managed by an outside committee (donor may not select recipient per IRS guidance.) May include applicants from multiple schools. May be a renewable scholarship. Administrative fee base rate is 1.25%. Additional fees may apply for specific circumstances per fee schedule. Learn More Corporate Giving Fund Corporate Giving Funds provide an alternative to managing your company’s charitable giving. We offer custom services to help your company plan, govern and operate your community philanthropy. These funds can be tailored to support the causes and initiatives that align with your business's values. A Corporate Giving Fund provides your company the opportunity to support charities of choice on a timeframe that makes sense for you. Learn more about Corporate Giving here. 9:45 AM | Breakout Block 1 Memorial Fund When a loved one passes away, many families and friends wish to create a lasting legacy to honor their life. A Memorial Fund gives you time to consider how to best represent your loved one's passion and interest, while giving you an immediate place to direct gifts. When the endowment fund reaches a balance of $10,000, the investment earnings can be used to make grant to community causes or tax-exempt nonprofits selected by you and/or your family. The Benefits: A memorial endowment fund gives you time to make specific charitable decisions later, allowing you to focus on more time-sensitive matters. Establishes a permanent fund to accept gifts made in your loved one's memory. These gifts are invested to create future grants from the fund that will support the nonprofit(s) or cause(s) of your choice forever. The Community Foundation’s online platform provides you access to the names and addresses of those who have made a gift to the fund. CFES acknowledges all gifts made to the fund by sending a thank you to the donor on your behalf. You may choose to also send a separate personal thank you for the gifts. All gifts are tax-deductible to the fullest extent allowed by the law. Learn more or create a memorial fund here. Donor Advised Fund Think of a donor advised fund as a charitable checking account to support the nonprofit organizations you care about. You can support causes you care about when and where it is convenient for you. The Benefits: Your contributions to the fund are generally tax deductible right away, while you have the ability to decide when to support your favorite charities. Donor advised funds are our most flexible fund type. Great for donors who want a hands-on approach to giving. You receive the diligence and charitable guidance of CFES. We offer both endowed and non-endowed options. We Offer Two Options: Endowed Funds: The initial gift (or some portion of the initial gift) and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for the charities you recommend. A portion of the fund’s investment earnings are available to support charities at your request. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. Endowed funds are invested in the CFES portfolio. Non-Endowed Funds: All contributions, as well as income and earnings net of fees, are available to support charities at your request. The minimum to establish a non-endowed fund is $5,000 and all but $1,000 of the fund balance may be granted out. Non-endowed funds have the option to be invested in the CFES portfolio if a $50,000 balance is maintained; otherwise, in lieu of a fee, CFES sweeps any interest earned. Minimum to Establish: Non-endowed - $5,000. Endowed - $10,000 Learn More Community Needs Fund These funds are established by a donor(s) or organizations for the purpose of supporting broad charitable goals in the community. Community Needs funds can support any charitable goal, which make them the most flexible fund option. The Process: The donor(s) works with CFES to draft a fund agreement that will outline the purpose of the fund. The donor(s) transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. CN Funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for current and future needs in our region. A portion of the investment earnings of the fund are available to be turned into grants. Grant applications are submitted by nonprofit, community, and faith-based organizations. Volunteer committees evaluate the grant applications to create grants. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The Benefits: Community Needs Funds allow CFES to respond to urgent needs today and prepare for changing priorities in the years to come. These funds are eligible for the Endow Maryland Tax Credit Program, which provides a 25% state tax credit for gifts of $500 or more. Donors benefit from the Community Foundation’s expertise in long-term management of assets, the knowledge that their charitable goals will be carried out in perpetuity, and the flexibility to customize their giving options to help achieve their charitable vision. Minimum to Establish: $10,000 Learn More Field of Interest Fund These funds are established by a donor(s) or organizations for the purpose of supporting broad charitable goals in the community. Field of Interest funds are targeted support for a specific area of focus, for example, youth or the environment, or a specific geographic area, such as a county or a city. The Process: The donor(s) works with CFES to draft a fund agreement that will outline the purpose of the fund. The donor(s) transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. FOI Funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for current and future needs in our region. A portion of the investment earnings of the fund are available to be turned into grants. Grant applications are submitted by nonprofit, community, and faith-based organizations. Volunteer committees evaluate the grant applications to create grants. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The Benefits: Field of Interest Funds allow CFES to respond to urgent needs today and prepare for changing priorities in the years to come. These funds are eligible for the Endow Maryland Tax Credit Program, which provides a 25% state tax credit for gifts of $500 or more. Donors benefit from the Community Foundation’s expertise in long-term management of assets, the knowledge that their charitable goals will be carried out in perpetuity, and the flexibility to customize their giving options to help achieve their charitable vision. Minimum to Establish: $10,000 Learn More Administrative Endowment Fund Administrative Endowments are the engine that drives our mission of inspiring community philanthropy. These funds allows Foundation staff to provide invaluable philanthropic expertise and knowledge of local needs to donors and nonprofits who are working to make a difference on the Lower Eastern Shore. As a nonprofit, we operate with a staff of dedicated professionals and like many local businesses, we must invest in our people and our organization, as well as our community. Contributions to the Foundation’s Annual Appeal, and income generated by our administrative endowment funds allow us to provide valuable programs and services to our nonprofit partners and donors. The Benefits: Helps create long-term sustainability for our mission and work. Administrative Endowments are permanently invested and generate an enduring, consistent revenue stream. Thus, gifts today provide an infinite amount of support for the Community Foundation’s vital mission. The endowment represents the Foundation's permanent capital and allows our staff to grow philanthropy on the Lower Shore. Admin. Endowment revenues allow us to provide fiscal advice and support, conduct nonprofit research and evaluation, improve philanthropic education, and grow local nonprofits. Provides ongoing support for the CFES operating budget. Administrative Endowment Funds enables the Foundation to keep our administrative fees low, thus benefiting all CFES funds and the charitable purposes they support. How does it work? The donor(s) works with CFES to draft a fund agreement that indicates it is to support the Community Foundation and selects the name for the fund. Assets are transferred to CFES and invested in the CFES portfolio. The fund begins to receive gains or losses based on market performance. A portion of the investment earnings of the fund are available to support the foundation. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The minimum to establish: $10,000. Learn More Nonprofit Partner Fund A nonprofit partner fund is established by a charity at a community foundation for the charity’s own benefit. Grants are made from the fund to the charity for general use or for specific activities determined by the charity. We Offer Two Options: Nonendowed Funds: Your organization revocably authorizes the Community Foundation to manage the money within its selected portfolio. The organization can request and receive up to 100% of its assets as requested. Nonprofit Endowment Fund: Your organization establishes an endowment fund with the Community Foundation in perpetuity. An annual payout based on the Community Foundation’s spending policy is designated to your nonprofit. This option is best for organizations that want to assure donors that the endowment’s principal will remain intact or honor a donor’s bequest to the endowment fund. Process: Your organization’s leadership works with CFES to draft a fund agreement that will outline the purpose of the fund and the grant distribution schedule (upon request, annually, quarterly, etc.). Your organization transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. The organization receives a quarterly communication on fund performance. A fund representative is identified by the organization to receive these communications and to submit grant requests. Benefits: Receive the expertise of the Community Foundation in long-term management of assets. Flexibility in accepting types of non-cash gifts not accepted by the agency (stocks, real estate, etc.), and the protection that the transfer will provide by establishing a fund at a separate organization. Organizations can opt to receive regularly scheduled distributions as a source of income for operations and programs, or less frequent distributions to help build the fund. Organizations can access real-time fund information and make grant requests using our online platform. Minimum to Establish: Non-endowed - $5,000, Endowed - $10,000 Learn More Designated Fund A designated fund is established by donors to support one or more specific charitable organizations. Grants are made from the fund to the specified charitable organization(s) for either general use or for specific activities selected by the donor(s). The Benefits: Creates a permanent source of funding for your favorite organizations. Simplified charitable giving. You set your charitable vision and we ensure your charitable legacy is fulfilled for generations to come. Your contributions to the fund are generally tax deductible right away. You receive the diligence and charitable guidance of CFES. Minimum to Establish: $10,000 Learn More Scholarship Fund Our scholarship funds are created by individuals, families, and organizations who wish to memorialize a loved one, encourage a certain field of study, or want to extend a helping hand for college-bound students. The Benefits: Criteria for scholarship recipients is established by the donor with guidance from the Foundation to ensure IRS compliance. All scholarship funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring a permanent source of funding for the specified scholarship award. A portion of the investment earnings of the fund are available to support the scholarship. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. CFES issues the scholarship check directly to the institution of higher learning, minimizing your administrative tasks. The minimum to establish: $10,000* * Varies depending on criteria - See below. Scholarship Fund A | Min. to Establish: $10,000 ​Merit or need based selection. Donor can select a high school or college/university. Recipient selected by school selection committee. Scholarship Fund B | Min. to Establish: $25,000 ​Merit or need based selection. Can be managed by an outside committee (donor may not select recipient per IRS guidance.) May include applicants from multiple schools. Scholarship Fund C | Min. to Establish: $500,000 ​Merit or need based selection. Can be managed by an outside committee (donor may not select recipient per IRS guidance.) May include applicants from multiple schools. May be a renewable scholarship. Administrative fee base rate is 1.25%. Additional fees may apply for specific circumstances per fee schedule. Learn More Corporate Giving Fund Corporate Giving Funds provide an alternative to managing your company’s charitable giving. We offer custom services to help your company plan, govern and operate your community philanthropy. These funds can be tailored to support the causes and initiatives that align with your business's values. A Corporate Giving Fund provides your company the opportunity to support charities of choice on a timeframe that makes sense for you. Learn more about Corporate Giving here. 12:00 Noon | Lunch & Networking Memorial Fund When a loved one passes away, many families and friends wish to create a lasting legacy to honor their life. A Memorial Fund gives you time to consider how to best represent your loved one's passion and interest, while giving you an immediate place to direct gifts. When the endowment fund reaches a balance of $10,000, the investment earnings can be used to make grant to community causes or tax-exempt nonprofits selected by you and/or your family. The Benefits: A memorial endowment fund gives you time to make specific charitable decisions later, allowing you to focus on more time-sensitive matters. Establishes a permanent fund to accept gifts made in your loved one's memory. These gifts are invested to create future grants from the fund that will support the nonprofit(s) or cause(s) of your choice forever. The Community Foundation’s online platform provides you access to the names and addresses of those who have made a gift to the fund. CFES acknowledges all gifts made to the fund by sending a thank you to the donor on your behalf. You may choose to also send a separate personal thank you for the gifts. All gifts are tax-deductible to the fullest extent allowed by the law. Learn more or create a memorial fund here. Donor Advised Fund Think of a donor advised fund as a charitable checking account to support the nonprofit organizations you care about. You can support causes you care about when and where it is convenient for you. The Benefits: Your contributions to the fund are generally tax deductible right away, while you have the ability to decide when to support your favorite charities. Donor advised funds are our most flexible fund type. Great for donors who want a hands-on approach to giving. You receive the diligence and charitable guidance of CFES. We offer both endowed and non-endowed options. We Offer Two Options: Endowed Funds: The initial gift (or some portion of the initial gift) and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for the charities you recommend. A portion of the fund’s investment earnings are available to support charities at your request. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. Endowed funds are invested in the CFES portfolio. Non-Endowed Funds: All contributions, as well as income and earnings net of fees, are available to support charities at your request. The minimum to establish a non-endowed fund is $5,000 and all but $1,000 of the fund balance may be granted out. Non-endowed funds have the option to be invested in the CFES portfolio if a $50,000 balance is maintained; otherwise, in lieu of a fee, CFES sweeps any interest earned. Minimum to Establish: Non-endowed - $5,000. Endowed - $10,000 Learn More Community Needs Fund These funds are established by a donor(s) or organizations for the purpose of supporting broad charitable goals in the community. Community Needs funds can support any charitable goal, which make them the most flexible fund option. The Process: The donor(s) works with CFES to draft a fund agreement that will outline the purpose of the fund. The donor(s) transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. CN Funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for current and future needs in our region. A portion of the investment earnings of the fund are available to be turned into grants. Grant applications are submitted by nonprofit, community, and faith-based organizations. Volunteer committees evaluate the grant applications to create grants. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The Benefits: Community Needs Funds allow CFES to respond to urgent needs today and prepare for changing priorities in the years to come. These funds are eligible for the Endow Maryland Tax Credit Program, which provides a 25% state tax credit for gifts of $500 or more. Donors benefit from the Community Foundation’s expertise in long-term management of assets, the knowledge that their charitable goals will be carried out in perpetuity, and the flexibility to customize their giving options to help achieve their charitable vision. Minimum to Establish: $10,000 Learn More Field of Interest Fund These funds are established by a donor(s) or organizations for the purpose of supporting broad charitable goals in the community. Field of Interest funds are targeted support for a specific area of focus, for example, youth or the environment, or a specific geographic area, such as a county or a city. The Process: The donor(s) works with CFES to draft a fund agreement that will outline the purpose of the fund. The donor(s) transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. FOI Funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for current and future needs in our region. A portion of the investment earnings of the fund are available to be turned into grants. Grant applications are submitted by nonprofit, community, and faith-based organizations. Volunteer committees evaluate the grant applications to create grants. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The Benefits: Field of Interest Funds allow CFES to respond to urgent needs today and prepare for changing priorities in the years to come. These funds are eligible for the Endow Maryland Tax Credit Program, which provides a 25% state tax credit for gifts of $500 or more. Donors benefit from the Community Foundation’s expertise in long-term management of assets, the knowledge that their charitable goals will be carried out in perpetuity, and the flexibility to customize their giving options to help achieve their charitable vision. Minimum to Establish: $10,000 Learn More Administrative Endowment Fund Administrative Endowments are the engine that drives our mission of inspiring community philanthropy. These funds allows Foundation staff to provide invaluable philanthropic expertise and knowledge of local needs to donors and nonprofits who are working to make a difference on the Lower Eastern Shore. As a nonprofit, we operate with a staff of dedicated professionals and like many local businesses, we must invest in our people and our organization, as well as our community. Contributions to the Foundation’s Annual Appeal, and income generated by our administrative endowment funds allow us to provide valuable programs and services to our nonprofit partners and donors. The Benefits: Helps create long-term sustainability for our mission and work. Administrative Endowments are permanently invested and generate an enduring, consistent revenue stream. Thus, gifts today provide an infinite amount of support for the Community Foundation’s vital mission. The endowment represents the Foundation's permanent capital and allows our staff to grow philanthropy on the Lower Shore. Admin. Endowment revenues allow us to provide fiscal advice and support, conduct nonprofit research and evaluation, improve philanthropic education, and grow local nonprofits. Provides ongoing support for the CFES operating budget. Administrative Endowment Funds enables the Foundation to keep our administrative fees low, thus benefiting all CFES funds and the charitable purposes they support. How does it work? The donor(s) works with CFES to draft a fund agreement that indicates it is to support the Community Foundation and selects the name for the fund. Assets are transferred to CFES and invested in the CFES portfolio. The fund begins to receive gains or losses based on market performance. A portion of the investment earnings of the fund are available to support the foundation. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The minimum to establish: $10,000. Learn More Nonprofit Partner Fund A nonprofit partner fund is established by a charity at a community foundation for the charity’s own benefit. Grants are made from the fund to the charity for general use or for specific activities determined by the charity. We Offer Two Options: Nonendowed Funds: Your organization revocably authorizes the Community Foundation to manage the money within its selected portfolio. The organization can request and receive up to 100% of its assets as requested. Nonprofit Endowment Fund: Your organization establishes an endowment fund with the Community Foundation in perpetuity. An annual payout based on the Community Foundation’s spending policy is designated to your nonprofit. This option is best for organizations that want to assure donors that the endowment’s principal will remain intact or honor a donor’s bequest to the endowment fund. Process: Your organization’s leadership works with CFES to draft a fund agreement that will outline the purpose of the fund and the grant distribution schedule (upon request, annually, quarterly, etc.). Your organization transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. The organization receives a quarterly communication on fund performance. A fund representative is identified by the organization to receive these communications and to submit grant requests. Benefits: Receive the expertise of the Community Foundation in long-term management of assets. Flexibility in accepting types of non-cash gifts not accepted by the agency (stocks, real estate, etc.), and the protection that the transfer will provide by establishing a fund at a separate organization. Organizations can opt to receive regularly scheduled distributions as a source of income for operations and programs, or less frequent distributions to help build the fund. Organizations can access real-time fund information and make grant requests using our online platform. Minimum to Establish: Non-endowed - $5,000, Endowed - $10,000 Learn More Designated Fund A designated fund is established by donors to support one or more specific charitable organizations. Grants are made from the fund to the specified charitable organization(s) for either general use or for specific activities selected by the donor(s). The Benefits: Creates a permanent source of funding for your favorite organizations. Simplified charitable giving. You set your charitable vision and we ensure your charitable legacy is fulfilled for generations to come. Your contributions to the fund are generally tax deductible right away. You receive the diligence and charitable guidance of CFES. Minimum to Establish: $10,000 Learn More Scholarship Fund Our scholarship funds are created by individuals, families, and organizations who wish to memorialize a loved one, encourage a certain field of study, or want to extend a helping hand for college-bound students. The Benefits: Criteria for scholarship recipients is established by the donor with guidance from the Foundation to ensure IRS compliance. All scholarship funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring a permanent source of funding for the specified scholarship award. A portion of the investment earnings of the fund are available to support the scholarship. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. CFES issues the scholarship check directly to the institution of higher learning, minimizing your administrative tasks. The minimum to establish: $10,000* * Varies depending on criteria - See below. Scholarship Fund A | Min. to Establish: $10,000 ​Merit or need based selection. Donor can select a high school or college/university. Recipient selected by school selection committee. Scholarship Fund B | Min. to Establish: $25,000 ​Merit or need based selection. Can be managed by an outside committee (donor may not select recipient per IRS guidance.) May include applicants from multiple schools. Scholarship Fund C | Min. to Establish: $500,000 ​Merit or need based selection. Can be managed by an outside committee (donor may not select recipient per IRS guidance.) May include applicants from multiple schools. May be a renewable scholarship. Administrative fee base rate is 1.25%. Additional fees may apply for specific circumstances per fee schedule. Learn More Corporate Giving Fund Corporate Giving Funds provide an alternative to managing your company’s charitable giving. We offer custom services to help your company plan, govern and operate your community philanthropy. These funds can be tailored to support the causes and initiatives that align with your business's values. A Corporate Giving Fund provides your company the opportunity to support charities of choice on a timeframe that makes sense for you. Learn more about Corporate Giving here. 1:15 PM | Breakout Block 3 Memorial Fund When a loved one passes away, many families and friends wish to create a lasting legacy to honor their life. A Memorial Fund gives you time to consider how to best represent your loved one's passion and interest, while giving you an immediate place to direct gifts. When the endowment fund reaches a balance of $10,000, the investment earnings can be used to make grant to community causes or tax-exempt nonprofits selected by you and/or your family. The Benefits: A memorial endowment fund gives you time to make specific charitable decisions later, allowing you to focus on more time-sensitive matters. Establishes a permanent fund to accept gifts made in your loved one's memory. These gifts are invested to create future grants from the fund that will support the nonprofit(s) or cause(s) of your choice forever. The Community Foundation’s online platform provides you access to the names and addresses of those who have made a gift to the fund. CFES acknowledges all gifts made to the fund by sending a thank you to the donor on your behalf. You may choose to also send a separate personal thank you for the gifts. All gifts are tax-deductible to the fullest extent allowed by the law. Learn more or create a memorial fund here. Donor Advised Fund Think of a donor advised fund as a charitable checking account to support the nonprofit organizations you care about. You can support causes you care about when and where it is convenient for you. The Benefits: Your contributions to the fund are generally tax deductible right away, while you have the ability to decide when to support your favorite charities. Donor advised funds are our most flexible fund type. Great for donors who want a hands-on approach to giving. You receive the diligence and charitable guidance of CFES. We offer both endowed and non-endowed options. We Offer Two Options: Endowed Funds: The initial gift (or some portion of the initial gift) and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for the charities you recommend. A portion of the fund’s investment earnings are available to support charities at your request. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. Endowed funds are invested in the CFES portfolio. Non-Endowed Funds: All contributions, as well as income and earnings net of fees, are available to support charities at your request. The minimum to establish a non-endowed fund is $5,000 and all but $1,000 of the fund balance may be granted out. Non-endowed funds have the option to be invested in the CFES portfolio if a $50,000 balance is maintained; otherwise, in lieu of a fee, CFES sweeps any interest earned. Minimum to Establish: Non-endowed - $5,000. Endowed - $10,000 Learn More Community Needs Fund These funds are established by a donor(s) or organizations for the purpose of supporting broad charitable goals in the community. Community Needs funds can support any charitable goal, which make them the most flexible fund option. The Process: The donor(s) works with CFES to draft a fund agreement that will outline the purpose of the fund. The donor(s) transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. CN Funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for current and future needs in our region. A portion of the investment earnings of the fund are available to be turned into grants. Grant applications are submitted by nonprofit, community, and faith-based organizations. Volunteer committees evaluate the grant applications to create grants. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The Benefits: Community Needs Funds allow CFES to respond to urgent needs today and prepare for changing priorities in the years to come. These funds are eligible for the Endow Maryland Tax Credit Program, which provides a 25% state tax credit for gifts of $500 or more. Donors benefit from the Community Foundation’s expertise in long-term management of assets, the knowledge that their charitable goals will be carried out in perpetuity, and the flexibility to customize their giving options to help achieve their charitable vision. Minimum to Establish: $10,000 Learn More Field of Interest Fund These funds are established by a donor(s) or organizations for the purpose of supporting broad charitable goals in the community. Field of Interest funds are targeted support for a specific area of focus, for example, youth or the environment, or a specific geographic area, such as a county or a city. The Process: The donor(s) works with CFES to draft a fund agreement that will outline the purpose of the fund. The donor(s) transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. FOI Funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring that the gift(s) provide a permanent source of funding for current and future needs in our region. A portion of the investment earnings of the fund are available to be turned into grants. Grant applications are submitted by nonprofit, community, and faith-based organizations. Volunteer committees evaluate the grant applications to create grants. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The Benefits: Field of Interest Funds allow CFES to respond to urgent needs today and prepare for changing priorities in the years to come. These funds are eligible for the Endow Maryland Tax Credit Program, which provides a 25% state tax credit for gifts of $500 or more. Donors benefit from the Community Foundation’s expertise in long-term management of assets, the knowledge that their charitable goals will be carried out in perpetuity, and the flexibility to customize their giving options to help achieve their charitable vision. Minimum to Establish: $10,000 Learn More Administrative Endowment Fund Administrative Endowments are the engine that drives our mission of inspiring community philanthropy. These funds allows Foundation staff to provide invaluable philanthropic expertise and knowledge of local needs to donors and nonprofits who are working to make a difference on the Lower Eastern Shore. As a nonprofit, we operate with a staff of dedicated professionals and like many local businesses, we must invest in our people and our organization, as well as our community. Contributions to the Foundation’s Annual Appeal, and income generated by our administrative endowment funds allow us to provide valuable programs and services to our nonprofit partners and donors. The Benefits: Helps create long-term sustainability for our mission and work. Administrative Endowments are permanently invested and generate an enduring, consistent revenue stream. Thus, gifts today provide an infinite amount of support for the Community Foundation’s vital mission. The endowment represents the Foundation's permanent capital and allows our staff to grow philanthropy on the Lower Shore. Admin. Endowment revenues allow us to provide fiscal advice and support, conduct nonprofit research and evaluation, improve philanthropic education, and grow local nonprofits. Provides ongoing support for the CFES operating budget. Administrative Endowment Funds enables the Foundation to keep our administrative fees low, thus benefiting all CFES funds and the charitable purposes they support. How does it work? The donor(s) works with CFES to draft a fund agreement that indicates it is to support the Community Foundation and selects the name for the fund. Assets are transferred to CFES and invested in the CFES portfolio. The fund begins to receive gains or losses based on market performance. A portion of the investment earnings of the fund are available to support the foundation. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. The minimum to establish: $10,000. Learn More Nonprofit Partner Fund A nonprofit partner fund is established by a charity at a community foundation for the charity’s own benefit. Grants are made from the fund to the charity for general use or for specific activities determined by the charity. We Offer Two Options: Nonendowed Funds: Your organization revocably authorizes the Community Foundation to manage the money within its selected portfolio. The organization can request and receive up to 100% of its assets as requested. Nonprofit Endowment Fund: Your organization establishes an endowment fund with the Community Foundation in perpetuity. An annual payout based on the Community Foundation’s spending policy is designated to your nonprofit. This option is best for organizations that want to assure donors that the endowment’s principal will remain intact or honor a donor’s bequest to the endowment fund. Process: Your organization’s leadership works with CFES to draft a fund agreement that will outline the purpose of the fund and the grant distribution schedule (upon request, annually, quarterly, etc.). Your organization transfers assets to CFES to establish the fund. The fund is invested in the CFES portfolio and begins to receive gains or losses based on market performance. The organization receives a quarterly communication on fund performance. A fund representative is identified by the organization to receive these communications and to submit grant requests. Benefits: Receive the expertise of the Community Foundation in long-term management of assets. Flexibility in accepting types of non-cash gifts not accepted by the agency (stocks, real estate, etc.), and the protection that the transfer will provide by establishing a fund at a separate organization. Organizations can opt to receive regularly scheduled distributions as a source of income for operations and programs, or less frequent distributions to help build the fund. Organizations can access real-time fund information and make grant requests using our online platform. Minimum to Establish: Non-endowed - $5,000, Endowed - $10,000 Learn More Designated Fund A designated fund is established by donors to support one or more specific charitable organizations. Grants are made from the fund to the specified charitable organization(s) for either general use or for specific activities selected by the donor(s). The Benefits: Creates a permanent source of funding for your favorite organizations. Simplified charitable giving. You set your charitable vision and we ensure your charitable legacy is fulfilled for generations to come. Your contributions to the fund are generally tax deductible right away. You receive the diligence and charitable guidance of CFES. Minimum to Establish: $10,000 Learn More Scholarship Fund Our scholarship funds are created by individuals, families, and organizations who wish to memorialize a loved one, encourage a certain field of study, or want to extend a helping hand for college-bound students. The Benefits: Criteria for scholarship recipients is established by the donor with guidance from the Foundation to ensure IRS compliance. All scholarship funds are endowed which means the initial gift and subsequent gifts are invested and never spent, ensuring a permanent source of funding for the specified scholarship award. A portion of the investment earnings of the fund are available to support the scholarship. The CFES grantmaking rate is 5% annually, which means any earnings above 5%, net of fees, are reinvested in the fund. CFES issues the scholarship check directly to the institution of higher learning, minimizing your administrative tasks. The minimum to establish: $10,000* * Varies depending on criteria - See below. Scholarship Fund A | Min. to Establish: $10,000 ​Merit or need based selection. Donor can select a high school or college/university. Recipient selected by school selection committee. Scholarship Fund B | Min. to Establish: $25,000 ​Merit or need based selection. Can be managed by an outside committee (donor may not select recipient per IRS guidance.) May include applicants from multiple schools. Scholarship Fund C | Min. to Establish: $500,000 ​Merit or need based selection. Can be managed by an outside committee (donor may not select recipient per IRS guidance.) May include applicants from multiple schools. May be a renewable scholarship. Administrative fee base rate is 1.25%. Additional fees may apply for specific circumstances per fee schedule. Learn More Corporate Giving Fund Corporate Giving Funds provide an alternative to managing your company’s charitable giving. We offer custom services to help your company plan, govern and operate your community philanthropy. These funds can be tailored to support the causes and initiatives that align with your business's values. A Corporate Giving Fund provides your company the opportunity to support charities of choice on a timeframe that makes sense for you. Learn more about Corporate Giving here. 2:30 PM | Breakout Block 4 Parking Parking Car Maps Car Program Presenters presenters Hosted By Thank You to Our Sponsors

The Community Foundation of the Eastern Shore celebrated 40 years of impact with the Salisbury Area Chamber of Commerce at a Business After Hours event on April 11. CFES is a public foundation serving Somerset, Wicomico and Worcester counties and works with local donors and nonprofits to create charitable funds, provides grants and scholarships to meet local needs and provide capacity building support for nonprofit organizations and volunteers. Since 1984, CFES has awarded $107.5M in grants and scholarships. In recognition of its anniversary, CFES unveiled two challenge grants for the Foundation’s giving circles, the Black Excellence Community Fund and the Women’s Fund, encouraging the public to participate to boost the impact for these funds this year. The Foundation also announced their 40 Under 40 in Philanthropy Awards which will honor 40 individuals under 40 years old who are making a difference in the Lower Shore community. Nominations can be made online at CFES.org/40u40 until May 15th. “For the past 40 years, we have been working to strengthen partnerships with individuals, families, businesses, and community-based organizations to invest in the causes that matter to create a vibrant community and address critical needs,” said Community Foundation President Erica Joseph. “Encouraging participation in our giving circles and recognizing the contributions of those sharing their time, talent and treasure is the perfect way to celebrate this milestone.” Over 200 guests enjoyed entertainment from Ryan Jackson, local food and beverages, and door prizes featuring local experiences and partner nonprofits. Scholarship recipients from the Salisbury Area Chamber’s scholarship fund held at the Community Foundation were recognized at the event. To learn more about CFES, or to support the giving circle challenge grants visit CFES.org.

The Community Foundation of the Eastern Shore is seeking a Database Administrator to join our team as a part of the Foundation’s growing philanthropic and grantmaking operations. This position manages the Foundation’s Blackbaud RE/FE NXT and NPact Foundation Cloud software platforms and is responsible for maintaining the quality and integrity of the strategic data contained to steward our friends and donors. An associate degree is required, or an equivalent combination of experience and certification in database management. Experience and proficiency with Blackbaud Raisers Edge, as a Database Administrator, is required. Blackbaud Raiser’s Edge NXT Professional Certification is required. Strong analytical and problem-solving skills and excellent written, verbal, and interpersonal skills. In-depth knowledge and understanding of general business software and ability to learn industry specific software. A background check may be conducted.  Familiarity with the Lower Eastern Shore of Maryland, especially Somerset, Wicomico, and Worcester Counties is a plus. Position open until filled. The Foundation offers a competitive salary and benefits package. Send a letter of interest & resume with at least three professional references and salary requirements to careers@cfes.org. No phone calls or walk-ins please. Read Full Job Description

More than $500,000 in scholarships are available for area students through the Community Foundation of the Eastern Shore (CFES). The Foundation, which awarded over 400 scholarships last year, has opportunities for application on its website. Many of the scholarships have an April 1, 2024 deadline, and details are available within each application. “Scholarships are an investment in our future leaders and create an incredible impact in our local community,” says Community Foundation President Erica Joseph. “The Foundation offers a wide variety of scholarships, each with their own unique criteria, and the Foundation’s expertise in scholarship management allows us to help our donors grow these opportunities.” The Foundation, which holds more than 200 scholarship funds, has steadily increased the number of scholarships available each year. The Foundation has also seen an expansion in areas of scholarship focus, as well as scholarships for non-traditional students. “While many scholarships are for high school seniors, we are seeing an increasing interest in scholarships for non-traditional students and trade schools,” says Cathy Diekmann, CFES Program Officer. “For instance, the Charles McClenahan Technical Scholarship focuses on students from Somerset County who are pursuing a technical trades degree, whereas the Beattie Healthcare Careers Scholarship is for students who have begun their undergraduate study in a healthcare field.” Some scholarships are based on the student’s prospective area of study, like The Richard and Patricia Hazel Minority Scholarship which is for students who are interested in pursuing a career in education, STEM, or nursing. Other scholarships available at the Foundation may have criteria based on what school a student went to, athletic activities, church affiliations, or civic involvement. “Scholarship funds at CFES are a valuable resource for people who want to help local students. They are created by individuals, families, or businesses that are passionate about encouraging an area of study, memorializing a loved one, or simply extending a helping hand, so there is a little something for everyone.” For a full list of scholarships, criteria, and applications, visit CFES.org/scholarships.