Frequently Asked Questions

General FAQs | Giving FAQs | Fundholder FAQs | Funding for Nonprofits FAQs |
Funding for Individuals FAQs | Business FAQs | Professional Advisors FAQs

General FAQs

What is a community foundation?

Who is Triangle Community Foundation?

How is Triangle Community Foundation governed?

Why Use a Community Foundation?

How Many Community Foundations Operate in North Carolina?

What else is there to know about community foundations?

How does Triangle Community Foundation differ from a private foundation?

Giving FAQs

Why create a charitable fund rather than making an outright gift to a charity?

What are the different types of charitable funds?

What kind of assets can I gift?

What is the minimum contribution required to create a fund?

What are the fees?

How is creating a fund at Triangle Community Foundation the same or different from creating a private foundation?

What are the differences between a charitable fund at a commercial financial institution, such as Fidelity or Vanguard, and a fund at Triangle Community Foundation?

Can I include Triangle Community Foundation in my estate planning?

Fundholder FAQs

Who manages and invests the funds that are given to the Foundation?

Can I change my recommendation about how the funds are invested?

How do I make grants from my fund?

Can I only recommend grants to organizations in the Triangle?

How can I add to my fund?

How can I make a gift of stock?

Funding for Nonprofits FAQs

How can my organization receive a grant from Triangle Community Foundation?

How can my organization increase its visibility to those having donor-advised funds at the Foundation?

What if my organization has not yet received its exempt status? What if we are a small group with no plans to apply for tax-exemption?

Can the Foundation make grants for salaries? Capital campaigns? Conferences?

What are the reporting requirements for grants received from the Foundation?

Can individuals apply for grants?

Should I meet with Foundation staff?

Funding for Individuals FAQs

Who selects scholarship/award winners?

How are scholarship winners announced?

What is the payment process for scholarships and awards?

When are scholarship applications due and where are they to be sent?

Business FAQs

Professional Advisors FAQs

How does a fund at TCF differ from a charitable fund created at a financial services firm, such as Fidelity?

What is the advantage of Triangle Community Foundation over a private foundation?

How does the Foundation assist me in my practice?

What kind of assets will the Foundation accept to create a fund?

What is GiftLaw?

What are the tax advantages?

What happens after the fund is established?

How can my client start and use their fund?