Managing A
Endowment Fund

New Donation Forms

Replace current endowment donation forms by June 22.
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The Community Foundation is here to support organizations building endowment with us. We offer advice, training, administrative support, investment, planned-giving expertise, and more to help you and your donors make a lasting impact on our region.

Manage Your Fund

View endowment fund balances as well as grant and gift transactions, with information updated daily.

Log into Agency Central

Request an Ad or Donation Form

The Community Foundation offers ads tailored for your organization and donation forms for your website. Email us to let us know how we can help.

View Ad Samples


Nonprofit organizations building endowment at the Community Foundation are eligible to participate in our Nonprofit Agency Charitable Gift Annuity Program if their endowment fund balance is $100,000 or more, they have one full time development person, they attend training on gift annuities and agree to only use Community Foundation approved materials in connection with the gift annuities.

A Charitable Gift Annuity (CGA) is an agreement between a donor and the Community Foundation. A donor contributes cash and/or marketable securities and the Community Foundation agrees to pay the donor and/or the beneficiaries (no more than 2 lives total) a fixed annuity payment for life. The donor gets an immediate income tax deduction. Upon the death of the last income beneficiary, 90% of remainder goes to the endowment fund benefiting the designated organization, and 10% to the Community Foundation’s unrestricted endowment fund. The unrestricted endowment supports nonprofit organizations and programs throughout southeast Michigan.

Nonprofit endowment funds can be used in connection with the following:

  • Wills/bequests
  • Charitable Gift Annuities (CGA)
  • IRA Charitable Rollover gifts (also known as QCD)
  • Beneficiary designations (deferred plans/IRA/insurance)
  • Charitable remainder trusts, charitable lead trusts, and other planned gifts

Contact Us To Learn More

CGA’s Benefit Donors

Donors benefit from charitable gift annuity arrangements through an immediate income tax deduction. Also the donor and/or the beneficiaries retain the right to receive income from the gifted property in the form of an annuity payment (possibly higher than the income currently being generated by the gifted property) which is partially tax free. They also realize a deferral or avoidance of capital gains taxes. And they can be confident that the Community Foundation stands behind the annuity obligation.

CGA Process and Your Organization

The nonprofit’s role is to identify those prospects who would benefit from this form of planned giving. Most utilize their volunteers and planned giving committee to assist them in identifying prospects. Customized marketing materials are available and complimentary (see examples.)

The Community Foundation coordinates with the development staff to create a proposal when the organization has an interested donor. The Community Foundation handles all the paperwork and provides illustrations, disclosures and agreements. We take care of the gift processing and tax acknowledgments. We also make the annuity payments and send annual tax information to the annuitant.

The Nonprofit Charitable Gift Annuity Program of the Community Foundation for Southeast Michigan can help your organization leverage its development resources and planned giving program. Working together we can secure planned gifts that build the endowments of our area nonprofits.

Email Us If You’re Interested in our CGA Program

More Resources

Write Your Story

We have set up a special form so that you can easily submit your Agency Endowment story to us.

Click HERE to Get Started

Record Your Story

We have set up a special video recording site so that you can easily record a video of your Agency Endowment story.

Click HERE to Get Started

If you are interested in learning more about the services the Community Foundation can offer to your organization, call us at 313.961.6675 or use the form below to contact us.