The Straits Area Community Foundation partners with individuals, families, and businesses to support meaningful philanthropy. Many donors give to the Straits Area Community Needs Fund, which provides flexible, year-to-year grant dollars to address evolving needs across Cheboygan County and Mackinaw City. A Fund for the Community allows you to create an endowed fund in your name or in honor of a loved one while strengthening and complementing the Straits Area Community Needs Fund. These funds generate annual grants that expand the Foundation’s ability to serve the region.
- Funds for the Community can be named to recognize those who feel a connection to the area and care about the future of the Straits Area.
- The minimum to start a Fund for the Community is $5,000.
- Donors can start a Fund for the Community at one time, or grow the Fund to the minimum over 3 years. Continued contributions will allow for greater grant-making moving forward.
- Your Fund for the Community will complement Straits Area Community Impact grantmaking.
- Dollars produced by Funds for the Community will increase grant money available from the Straits Area Community Needs Fund for a greater investment in Cheboygan County and Mackinaw City. Those grants are given to local nonprofits each year to make a difference close to home.
- Funds for the Community are eligible to receive Qualified Charitable Distributions from a donor's IRA.
When you establish a Fund for the Community, you are giving with an awareness that the future holds more than we can imagine. Giving back with a Fund for the Community can accomplish more…forever.
To learn more or get started on establishing a Fund for the Community, contact Patrick Heraghty at pheraghty@cfnem.org or Christine Hitch at chitch@cfnem.org, or call us at 1-989-354-6881.