Donor-Advised Funds: So Much to Celebrate

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by Outer Banks Community Foundation Staff

Here at the Outer Banks Community Foundation, we often talk with people who are surprised to learn just how many ways there are to give back through their local community foundation. In addition to legacy gifts and scholarships, one of the most flexible and rewarding options is a donor-advised fund.

Some donors already have donor-advised funds at national financial institutions, not realizing they could have established—and can easily transfer—their fund right here at home. A donor-advised fund at the Outer Banks Community Foundation keeps charitable dollars local, connects you with the causes that matter most, and helps strengthen the place we all love.

Establishing a donor-advised fund is a terrific first step toward building a thoughtful, long-term giving plan. Donor-advised funds are a great tool for anyone who wants to simplify charitable giving, make a lasting local impact, and remain involved in the grantmaking process.

Funds at OBCF offer all the same benefits and convenience as those managed by national firms, including:
  • Online access to your fund and simple grant request processes
  • Consolidated tax reporting and full administrative support
  • Strategic giving options such as “bunching” multiple years of charitable contributions into one tax year
  • Sustained community impact as your fund supports favorite causes over time
Where we truly shine is in what national firms can’t offer:
  • Personal guidance from staff who live and work here, and know the Outer Banks community inside and out
  • Connections with local nonprofit leaders and emerging needs across Dare County and the Currituck beaches to Ocracoke
  • Collaborative opportunities with other local donors who share your passions and goals
  • Reinvestment in our community, as administrative fees from your fund help sustain and expand OBCF’s work
If you haven’t yet opened a donor-advised fund with us, we’d be honored to help you start. Your fund will be managed with the highest level of care, guided by a deep understanding of our local needs and opportunities, and supported by professionals who share your commitment to the Outer Banks’ future.

Together, we can ensure your generosity accomplishes exactly what you envision—whether that’s making an immediate difference today or building a legacy that endures for generations.

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.