Nonprofits
What We Fund
All sorts of things! The Community Foundation makes grants to nonprofits of all kinds. The Foundation is made up of over 200 donor funds that give to causes in our region and throughout the country. Some grants require an application. Nonprofits that are located in and/or provide services within the Foundation's 10-county area are eligible to apply. Those 10 Texas counties are: Bandera, Blanco, Edwards, Gillespie, Kendall, Kerr, Kimble, Mason, Real and Uvalde.
Applicants must be 501(c)(3) organizations.
Agency Funds
An Agency Fund is established by a 501(c)(3) nonprofit organization or “agency.” It allows the organization to focus on its mission rather than spend time identifying and supervising investment managers. It also helps nonprofits with gift planning and endowment-building to ensure long-term financial sustainability.
Nonprofits that choose to hold a fund at the Foundation have the advantage of:
- Professional investment management
- A greater rate of return through a large investment pool
- Access to the Foundation’s resources, just like all other fundholders
- Online tools for fund information and performance
- A long-term strategy for financial stability
Nonprofit organizations seeking a diversified investment pool are good candidates for an agency fund. For example, many investment managers require high minimums to manage a fund. When a nonprofit creates an agency fund pooled with other Community Foundation assets, it can more easily focus its efforts on growing its organization, rather than managing investments. Nonprofit organizations that have a solid individual donor base and/or a planned giving program may wish to consider an Agency Fund as a tool to build an endowment.
Resources
There are countless resources for nonprofit leadership and management on the internet. Here are some we find helpful.
Events
The Community Foundation hosts an annual Nonprofit Summit, bringing together civic and nonprofit leaders from throughout the Hill Country for a day of Education.
In 2018, Summit was held at the Hill Country University Center and had a dual focus on strategic planning and financial management. In 2019, Summit was held at Schreiner University and had a range of topics taught by some of the top nonprofit experts in Central Texas.
Come back soon for details on the 2021 Nonprofit Summit!
Apply For A Grant
2021 Grant applications will be available in April. Check back here for updates.