CFMC Funds

Fund for Monterey County

The Fund for Monterey County responds to the changing needs of our community. The Fund, formerly known as the General Endowment, is a permanent fund of the Community Foundation for Monterey County (CFMC), which is invested to grow and grant in perpetuity.

I included the Fund for Monterey County in my giving because I feel good knowing the fund will meet the needs of our community, even as they change over time.

Responsive Philanthropy

Because the Fund for Monterey County is the combination of endowed unrestricted and field-of-interest funds, grants support a wide variety of causes each year. Areas include: children and youth development, health and human services, arts, culture and historic preservation, community development and the environment.

Grants are reviewed and allocated through the Community Impact grant program, which addresses the greatest challenges in our county. The Fund also provides resources for emerging needs, such as the COVID-19 pandemic response and emergency disaster relief.

Bertie Elliott, a long time CFMC donor advised fund holder and former board chair, has designated the Fund for Monterey County as a partial beneficiary of her donor advised fund. She appreciates that the Fund for Monterey County is invested to grow over time and will forever benefit the people and places of Monterey County.

FIND RESOURCES FOR NONPROFITS

  • Your unrestricted gift provides the philanthropic resources to meet current and future challenges.
  • You can designate the Fund for Monterey County as a beneficiary of your will or trust. We can help you or your attorney with sample bequest language.
  • You can give directly to the Fund for Monterey County or name the Fund as the beneficiary of your donor advised fund.
  • Your gift creates a source of community capital, helping to do good work forever.

Grantmaking Impact

Grants from the Fund for Monterey County surpass $2 million each year. This fund has made a tremendous impact in improving the quality of life throughout Monterey County by addressing the most important community issues.

Growing the Fund for Monterey County creates more grant resources to meet changing needs now and in the future. We are grateful for all those who have invested in the future of Monterey County by including the fund in their estate plans. Thank you.

You can support the Fund for Monterey County in many ways:

  • Bequest
  • Charitable Remainder Trust
  • Charitable Gift Annuity
  • Real Estate
  • Appreciated Stock
  • IRA Qualified Charitable Distribution (QCD)
  • Donor Advised Fund Grant
  • Cash

No matter the challenges, your gift will make an important difference.

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