Fund Management Timeline

January – All Fund statements (for calendar year ending 12/31) are mailed to fund founders/contacts

February – Statements mailed to donors for those who gave >$250 in the previous calendar year

Donor Advised Funds
15th and 30th of each month – Grant Recommendations are processed and grant checks are mailed

May each year – For Endowed Donor Advised Funds, the spendable amount for the fiscal year beginning July 1 each year is mailed with a Grant Recommendation Form to donor advisors

Designated and Organizational Endowments
May each year – Organizations that are recipients of designated or organizational endowment grants are notified of the amount they will receive in the next fiscal year beginning July 1

July each year – grant checks are mailed

Scholarship Endowments
May each year – Scholarship recipients announced
August-October – checks mailed to schools

 

   
 
Tel: (910) 483-4449
Fax: (910) 483-2905
info@cumberlandcf.org
Mailing Address:
PO Box 2345,
Fayetteville, NC 28302
Physical Address: 308 Green St.,
Fayetteville, NC 28301
(Parking and entrance in the back)

Federal Tax ID #: 58-1406831