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Types of Funds

Over the past 26 years, donors have established 260 endowed funds at the Eastern West Virginia Community Foundation (EWVCF). Created to serve Jefferson, Berkeley, Morgan, Hampshire, and Hardy counties, these funds address a myriad of needs in the community. With nearly $38 million in total assets under management, EWVCF is one of the largest grantmakers in the Eastern Panhandle. Donors wishing to establish a fund have several options and each fund agreement is created to address the specific desires of the donor. Funds support a wide variety of nonprofit organizations and charitable causes, as well as scholarship opportunities for students.

Unrestricted Funds

When you establish an Unrestricted Fund, your gift can address a broad range of local needs — including future needs that often cannot be anticipated at the time your gift is made. We evaluate all aspects of community well-being: arts and culture, economic development, education, environment, health and human services, neighborhood revitalization, and more. The flexibility of your unrestricted gift enables your community foundation’s program experts to respond to the community’s most pressing needs, today and tomorrow. Unrestricted funds can be established with a gift of as little as $5,000 and can be named in honor or in memory of a loved one.

Agency Endowed Funds

Nonprofit organizations can establish an Agency Endowment at the community foundation. It’s a simple and efficient way to build an endowment — and help create sustainability — for your nonprofit organization. The community foundation’s experienced staff can also help your organization develop a campaign to build your endowment. The minimum to endow an agency fund is $10,000, but nonprofit organizations can seed an agency fund with a $1,000 initial gift and have five years to grow the fund to the $10,000 endowed level.

Designated Funds

Establishing a Designated Fund allows you to support the good work of a specific nonprofit organization — a senior center, museum, or virtually any nonprofit charitable organization. Because it’s given through your Community Foundation, your gift provides the organization you select with funding and investment management services through the power of endowment. Designated funds, like agency endowed funds, have a $10,000 minimum with the same seed fund option.

Field of Interest Funds

By establishing a Field of Interest Fund, you can target your gift to address needs in an important and specific area of community life: Arts. AIDS. Aging. At-risk youth. Education. Historic Preservation. Conservation. You identify your personal interest area when making your gift; our board awards grants to community organizations and programs that are making a difference in the area you select. Your gift stays flexible enough to meet community needs in your interest area — even as they change over time. A field of interest fund can be endowed with a $5,000 gift to the community foundation and like all of the funds we offer may be named to remember a loved one who has passed or to recognize someone for an outstanding accomplishment.

Donor-Advised Funds

A Donor-Advised Fund allows you to make a gift to the Community Foundation and remain actively involved in suggesting uses for your gift. You can work with the Community Foundation staff to suggest ongoing uses for the fund — targeting the issues you care about most. Grant awards are issued to charities in the name of the fund (or anonymously if you prefer). It’s a simple, powerful, and highly personal approach to giving. The minimum endowed level for donor-advised funds is $10,000.

Scholarship Funds

In creating a scholarship, you invest in your community’s future and show students you care. Your community foundation provides the expertise to help you meet your personal goals and awards scholarships to deserving students. Your gift can help students — from preschool to postgraduate — achieve their lifetime dreams. Because of the complexity in administering a scholarship fund, the minimum for one to endow a fund of this type is $20,000.

If you would like to speak with someone about establishing a fund at the Community Foundation, please call 304.264.0353 or email info@EWVCF.org and we will be happy to help. The process is simple, it doesn’t take very long, and there is no cost to create a fund.

Recent Posts

  • Honoring Tia McMillan
  • EWVCF Hires Susan Caperton as Associate Director/COO
  • EWVCF Accepting Scholarship Applications
  • EWVCF Now Accepting 2023 Scholarship Applications
  • EWVCF Awards Over $160K in Youth and Education Grants to Eastern Panhandle Nonprofits and Schools

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EWVCF Downloads

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Financial Reports

2021 Financial Statements

2021 IRS Form 990

2020 Financial Statements

2020 IRS Form 990

2019 Financial Statements

2019 Form 990

2018 Financial Statements

2018 Form 990

2017 Financial Statements

2017 Form 990

2016 Financial Statements

2016 Form 990

2015 Financial Statements

2015 Form 990

Reports to the Community

26th Annual Report to the Community

25th Annual Report to the Community

24th Annual Report to the Community

23rd Annual Report to the Community

22nd Annual Report to the Community

21st Annual Report to the Community

2014 Report to the Community

The Community Foundation has many governing documents, including a Conflict of Interest Policy. These are available upon request.

The Community Foundation is not currently required to file a Form 990-T. However, if at some future date we are required to file one we will post it on our web site.

Contact EWVCF

Eastern West Virginia Community Foundation
229 East Martin St., Suite 4
Martinsburg, WV 25401
www.EWVCF.org
info@EWVCF.org
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304.264.0353
Fax: 888.507.8375

Vision

Our Vision is to build vibrant communities that provide opportunities for everyone living in the Eastern Panhandle of West Virginia.

Mission

Our Mission is to inspire philanthropy, serve donors, strengthen communities, and improve the quality of life in Eastern West Virginia now and for future generations.

Values

We Value diversity, provide exceptional stewardship, and fully embrace accountability, integrity, professionalism, and transparency in everything we do.

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