2021 CFAAC Annual Report - Report - Page 13
CORPORATE ADVISED FUNDS
Companies that encourage community involvement distinguish themselves from their competitors and see many benefits,
including loyal customers and happy employees. Corporate Advised Funds enable companies to launch and grow a
philanthropy program that aligns strategically with their financial and business goals, maximize tax benefits, and engage
its employees. CFAAC works with corporations to establish Corporate Advised Funds, eliminating administrative burden
so companies can focus on business while also allowing owners, managers, and employees to have a voice in philanthropic
decision-making.
Baum Jackson Investment Group
Charitable Foundation
Crosby Foundation
Gable Signs Foundation for a
Brighter Future
Greenberg Gibbons/Reliable
Contracting Foundation Fund
Howard Bank Fund
Insurance Force Foundation
Maryland Realtors Charitable Fund
MMBBA Fund
Chaney Enterprises Foundation Fund
DESIGNATED PURPOSE FUNDS
Designated Purpose Funds allow donors to name one or more specific organizations or agencies to benefit annually from
the fund. Each gift is invested for long-term growth to provide perpetual support to the organization(s). Designated
Purpose Funds are good choices for donors who want to support a charity or charities for multiple years so that
distributions can be spread out over time to help with the charity's planning. The fund can be named after a designated
organization, in honor of a loved one, or another name that highlights the fund’s purpose.
Anne Arundel Conflict Resolution
Center Endowment Fund
Anne Arundel Estate Planning
Council
Babe & Dick Chaney Memorial
Endowment Fund
Beer Family Fund
Carol Thompson Fund
CFAAC Community Leadership Fund
Davis Family Designated Fund
Fund for Community Healing
Anna E. Greenberg Leadership Fund
Healthy Anne Arundel
In Your Honor Fund
John Starr Memorial Musician's Fund
Karen Feldman Endowment Fund
for Seeds 4 Success
Ladders to SUCCESS - Economic
Opportunity Endowment Fund
Langbein Family Endowment Fund
Marcus Endowment Fund for
Arundel Lodge
Perinatal Loss Fund
Sullivan Family Charitable Fund
Sunshine Fund
Sylvia Meisenberg Adult Literacy
Program at Arundel House of Hope
Sylvia Meisenberg Shakespeare
Education Fund
Tommy Yeager Endowment Fund
DISCRETIONARY GRANTMAKING FUNDS
Discretionary grantmaking funds are unrestricted funds that provide great flexibility to the Community Foundation so it
can respond to emerging or immediate needs of the community. The grants are made at the discretion of CFAAC and
grant committees so they can use the funding to address important community concerns that may evolve over time. These
types of funds may be used in times of crisis.
Community Crisis Response Fund
Grants 4 Teachers
Fund for Anne Arundel
Fund for Anne Arundel Endowment
Help Our Neighbors
Strengthening Nonprofits Fund
FIELD OF INTEREST FUNDS
Field of Interest Funds allow donors to identify and support a broad charitable purpose or category of interest, such as the
arts, education, human services, or a geographic area in the county. These funds are broad in scope yet targeted to meet
the needs of the community. CFAAC’s grant review committees use their expertise to identify, evaluate, and award grants
to the most qualified and deserving organizations in the donor's interest area.
Arts and Culture Anne Arundel
Endowment Fund
Arts and Culture Anne Arundel Fund
WWW.CFAAC.ORG
Babe and Dick Chaney Memorial Fund
Chaney Enterprises Bull Roast Fund
Environment Anne Arundel
South County Fund
Women and Girls Fund
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