The Cary Community Foundation (CCF) was created by citizens interested in making the Town of Cary an even better place to live. We hope to bring citizens together, giving everyone an opportunity to be involved in bringing great projects to fruition and supporting important causes.
The CCF is a nonprofit organization which receives, holds, invests and distributes assets contributed by individuals and organizations for the benefit of Cary, its citizens and its institutions. The CCF is recognized by the Internal Revenue Service as a 501(c)3 public charity, and is required to meet a public support test. The CCF is affiliated with the North Carolina Community Foundation (NCCF) and is a member of the Council on Foundations. It is led by a 20 member Board of Directors.
Community foundations are unique in the world of philanthropy. Although created to address issues within a certain geographic area through grantmaking from the foundation's endowment, community foundations also serve as vehicles for all citizens to impact the region's future. Unlike private or corporate foundations that are endowed by a particular person, family or business, a community foundation holds funds contributed by many individuals and businesses that see the value of pooling their assets with fellow citizens to improve the community.
Many individuals and organizations may choose to use the Cary Community Foundation as a tool for their giving because the Foundation offers resources and grantmaking experience to donors; and donors are able to avoid the costly undertaking of creating and maintaining a private or corporate foundation.
Another unique quality of a community foundation is the number of different types of fund options the Foundation offers donors to help meet their charitable goals.