OBCF 101-8 – How Everyone Can Support Our Local Nonprofits
In an effort to better connect with our community and educate people about all of the unique facets of the Community Foundation, we have created OBCF 101.
Last week we talked about how OBCF can help your nonprofit, and this week for OBCF 101-8 we are taking it one step further to explain how everyone can support our local nonprofits through their endowment funds.
First, let’s define an endowment fund. An endowment fund is a permanent investment fund, where the original gift is invested to generate income, but the principal is preserved to support the organization indefinitely. The investment earnings, known as the total return, are then used to fund operations, scholarships, or other specified purposes outlined by the donor or the organization’s board. This structure provides ongoing, sustainable financial support for nonprofits.
Whether you are passionate about animals, education, preserving history, the arts, or addressing hunger in our community, we have over 30 endowment funds for local nonprofits that you can donate to, which are listed below.
- Beach Food Pantry Endowment Fund
- Chicamacomico Historical Association Endowment Fund
- Children & Youth Partnership Endowment Fund
- Community Care Clinic Endowment Fund
- Dare Community Crime Line Fund
- Dare County Arts Council Endowment Fund
- Dare County Boat Builders Access Fund
- Dare County Boat Builders Endowment Fund
- Dare County Library Fund
- Dare Education Foundation Endowment Fund
- Elizabethan Gardens Endowment Fund
- First Flight Society Fund
- First Flight Track Club Pass-Through Fund
- Food For Thought Fund
- Frisco Native American Museum and Natural History Center Fund
- Hatteras Island Cancer Foundation Endowment Fund
- Hatteras Village Endowment Fund
- Interfaith Community Outreach Endowment Fund
- Jim Wood Endowment for Children’s Arts
- Liberty Christian Fellowship Endowment Fund
- Martin Smith Endowment Fund
- NC Lions Visually Impaired Persons Fishing Tournament Endowment Fund
- OBX Room In The Inn Fund
- Ocracoke Child Care Endowment Fund
- Ocracoke Community Park Endowment Fund Ocracoke Community Radio Endowment Fund
- Ocracoke Fire Protection Association Fund
- Ocracoke Preservation Society Fund
- Outer Banks Family YMCA Fund
- Outer Banks Hotline Endowment Fund
- Outer Banks SPCA Fund
- Outer Banks Sporting Events Endowment Fund
- Southern Shores Cemetery Perpetual Care Fund
- St. Andrews By-The-Sea Episcopal Church Whedbee Fund
- The Baum-Meekins Perpetual Cemetery Trust Fund
- Unitarian Universalist Congregation of the Outer Banks Fund
- Warren Cameron Judge Ill Endowment Fund for the Outer Banks Relief Foundation
Anyone can donate to any of these existing funds online at OBCF.org/donate.
The Outer Banks Community Foundation’s endowment funds are structured to be a permanent resource for generations to come.
Stay tuned for our next OBCF 101!
About the Outer Banks Community Foundation: The Outer Banks Community Foundation is a 501(c)3 nonprofit organization committed to fostering philanthropy and supporting local causes. Through its charitable funds and grant programs, the Foundation strives to enrich the quality of life for residents of the Outer Banks
