There are four simple steps to setting up a fund:
- We’ll talk you through the options and help you decide the projects, beneficiaries and areas you’d like to support
- Choose a name for your fund
- Sign our donor agreement
- Transfer the funds or assets
You’ll then receive annual reports on your fund’s activities, as well as regular updates on our work and what’s going on in local communities
Charitable giving is simple and effective with the Foundation, who have an in-depth understanding of the county and the needs within particular communities.
Your donation will have a real impact locally, with the Foundation managing the whole process. We’re professional, transparent – and of course passionate about supporting Shropshire and the people living here.
We take on the responsibility for admin, monitoring, due diligence and all of the other time-consuming elements of setting up a fund, leaving you to simply benefit from knowing your kind donation has gone to a community where it will make a huge difference.
Absolutely. We tailor our approach as much as possible to suit individual donor’s needs and are happy to keep you involved and informed, even if you wish to stay anonymous.
The community foundation model is place based, which means grants are distributed according to the particular needs of the local area. Place based funding works on the principles of community engagement and collaboration, and its success depends on long-term partnerships, relationship building and being able to leverage local philanthropy to address local problems.
Over time community foundations have developed an expert understanding of the issues in an area and how best to deliver funding to tackle them. They do this by:
- Encouraging local philanthropy
- Researching and understanding of local needs
- Strengthening the local voluntary and community sector
- Convening community resources
No community is left behind. We don’t base our understanding of need on stereotypes, preconceptions or assumptions, but on years of listening, learning and living in the area we support.
Investment funds are managed by CCLA Investment Management. We also have an Independent Investment Committee, that ensures your endowment performs as well as possible and produces the best returns for grant making. Committee members have considerable experience of wealth management, investment, managing and monitoring fund managers and stewarding donors’ funds. This is underpinned by the Foundation’s robust and prudent policies, protocols, and code of ethics.
The Foundation is an independent registered charity, which receives no central or local Government funding. Contributions are therefore applied to most donations as follows:
- Endowments – there is a set-up contribution (from 2024 onwards) which is a sliding scale dependent on the fund value:
- Up to £25,000 = £ 1,000
- £25,000 < £100,000 = £ 2,000
- £100,000 <£500,000 = £ 5,000
- £500,000 = £10,000
Plus an annual management fee of between 1% and 3%, depending on the complexity and size of fund.
- Donations (flowthrough) – 10% of fund to be distributed
The Foundation also receives contributions from:
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- Investors In Community
- Gift Aid
