Agency Fund

Nonprofit organizations establish agency funds at Communities Foundation of Texas (CFT) as a way of providing a simple and efficient way to build an endowment or a reserve—and help create sustainability—for their nonprofit organization.

Our staff can also help your organization develop planned giving programs and assist with investment management and administrative details.

To learn more about Agency Funds at CFT, contact Carolyn Newham

Focusing on Kids’ Futures

The children who complete the Believe and Achieve program offered through Trinity River Mission (TRM) receive more than the enhanced self-esteem that comes from academic success. Read how TRM works with Communities Foundation of Texas to help their Believe and Achieve students.

Agency Fund Frequently Asked Questions

What is the purpose of an agency/organization fund?

Agency funds provide a long-term, dependable source of operating revenue to nonprofits and are traditionally created by the organization itself.

Why set up an agency/organization fund?

Having an agency fund frees the nonprofit from the responsibility of actively managing investments and investment managers. We have dedicated staff for investments and fund accounting that most nonprofits cannot afford. Being a part of a larger pool of assets can be beneficial for returns.

Do grants have to be made every year from an agency fund?

No. Many agency funds start with the intention of growing for many years before beginning to make disbursements.

Carolyn A. Newham, JD
Senior Director of Donor Relations & Fund Administration
214-750-4146
cnewham@cftexas.org

Contact me to learn more about opening an Agency fund.

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