{"id":8879,"date":"2026-06-01T23:41:47","date_gmt":"2026-06-01T23:41:47","guid":{"rendered":"https:\/\/nnycf.org\/new\/?page_id=8879"},"modified":"2026-06-04T17:24:47","modified_gmt":"2026-06-04T17:24:47","slug":"frequently-asked-questions","status":"publish","type":"page","link":"https:\/\/nnycf.org\/new\/grants\/frequently-asked-questions\/","title":{"rendered":"Frequently Asked Questions"},"content":{"rendered":"\n<h1 class=\"wp-block-heading has-primary-color has-text-color has-link-color wp-elements-9ea345750a910600ce6f92e511a76d88\" style=\"font-size:36px\">Your Giving: Simple, Effective &amp; Rewarding<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Establishing a Community Foundation fund can often be done in less time than it takes to open a bank account. You can give any type of asset \u2014 cash, stocks, closely held securities, real estate, or personal property \u2014 and receive maximum tax benefits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our team of dedicated professionals takes care of the administrative details and grantmaking activities, keeping your giving flexible.<\/p>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><style>#sp-ea-8881 .spcollapsing { height: 0; overflow: hidden; transition-property: height;transition-duration: 300ms;}#sp-ea-8881.sp-easy-accordion>.sp-ea-single {margin-bottom: 10px; border: 1px solid #e2e2e2; }#sp-ea-8881.sp-easy-accordion>.sp-ea-single>.ea-header a {color: #444;}#sp-ea-8881.sp-easy-accordion>.sp-ea-single>.sp-collapse>.ea-body {background: #fff; color: #444;}#sp-ea-8881.sp-easy-accordion>.sp-ea-single {background: #eee;}#sp-ea-8881.sp-easy-accordion>.sp-ea-single>.ea-header a .ea-expand-icon { float: left; color: #444;font-size: 16px;}<\/style><div id=\"sp_easy_accordion-1780357040\"><div id=\"sp-ea-8881\" class=\"sp-ea-one sp-easy-accordion\" data-ea-active=\"ea-click\" data-ea-mode=\"vertical\" data-preloader=\"\" data-scroll-active-item=\"\" data-offset-to-scroll=\"0\"><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-88810\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse88810\" aria-controls=\"collapse88810\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Is my gift tax deductible?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse88810\" data-parent=\"#sp-ea-8881\" role=\"region\" aria-labelledby=\"ea-header-88810\"> <div class=\"ea-body\"><p>Yes. The Community Foundation is a registered 501(c)(3) public charity. All gifts are fully tax deductible to the extent permitted by law.<\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-88811\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse88811\" aria-controls=\"collapse88811\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What can I name my fund?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse88811\" data-parent=\"#sp-ea-8881\" role=\"region\" aria-labelledby=\"ea-header-88811\"> <div class=\"ea-body\"><p>You can name your fund anything you want.<\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-88812\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse88812\" aria-controls=\"collapse88812\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What can I give?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse88812\" data-parent=\"#sp-ea-8881\" role=\"region\" aria-labelledby=\"ea-header-88812\"> <div class=\"ea-body\"><p>The Community Foundation accepts cash (checks\/ACH transfer), stock, appreciated securities, real estate, and personal property.<\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-88813\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse88813\" aria-controls=\"collapse88813\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Does the Community Foundation accept qualified charitable distributions from retirement accounts?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse88813\" data-parent=\"#sp-ea-8881\" role=\"region\" aria-labelledby=\"ea-header-88813\"> <div class=\"ea-body\"><p>Yes. Field-of-Interest Funds, Endowed\/Designated Funds and Scholarship Funds are qualified to receive these distributions. The IRS restricts Donor Advised Funds from receiving these contributions directly.<\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-88814\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse88814\" aria-controls=\"collapse88814\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What is the minimum to create a fund?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse88814\" data-parent=\"#sp-ea-8881\" role=\"region\" aria-labelledby=\"ea-header-88814\"> <div class=\"ea-body\"><p>The minimum gift to establish an endowed Scholarship Fund that will award $1,000 annually is $30,000. The minimum for all other fund types ranges from zero to $5,000.<\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-88815\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse88815\" aria-controls=\"collapse88815\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Can I create a scholarship for nontraditional age students or for the trades?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse88815\" data-parent=\"#sp-ea-8881\" role=\"region\" aria-labelledby=\"ea-header-88815\"> <div class=\"ea-body\"><p>Yes. The Community Foundation can support students throughout their educational journey, regardless of their career path. We offer scholarships for adults returning to college, students pursuing the trades and professional licensure and scholarships for high school students.<\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-88816\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse88816\" aria-controls=\"collapse88816\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Can I fundraise for my fund?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse88816\" data-parent=\"#sp-ea-8881\" role=\"region\" aria-labelledby=\"ea-header-88816\"> <div class=\"ea-body\"><p>You may contribute to your fund at any time and ask friends, family, and businesses to contribute. <strong><a href=\"https:\/\/nnycf.org\/new\/wp-content\/uploads\/2026\/06\/NNYCF_Fundraising_guidelines_060526.pdf\">Download the Community Foundation\u2019s Fundraising and Events Guidelines here<\/a>.<\/strong><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-88817\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse88817\" aria-controls=\"collapse88817\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What are the fees?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse88817\" data-parent=\"#sp-ea-8881\" role=\"region\" aria-labelledby=\"ea-header-88817\"> <div class=\"ea-body\"><p>Fees on Community Foundation funds support community grantmaking, nonprofit trainings, leadership development, and the promotion of charitable giving that ultimately transforms the place we call home. <a href=\"https:\/\/nnycf.org\/new\/wp-content\/uploads\/2026\/05\/NNYCF_Investment_Fees_2026.pdf\"><strong>Click here for a full schedule and explanation of the Foundation\u2019s fee structure. <\/strong><\/a><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-88818\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse88818\" aria-controls=\"collapse88818\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Will I get a receipt for tax purposes?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse88818\" data-parent=\"#sp-ea-8881\" role=\"region\" aria-labelledby=\"ea-header-88818\"> <div class=\"ea-body\"><p>Absolutely. We will send you a gift acknowledgement letter of your contributions to your fund, or your gift to any Community Foundation fund. If at tax time you can\u2019t find your original, we\u2019ll send you a copy.<\/p><\/div><\/div><\/div><\/div><\/div><\/p>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h1 class=\"wp-block-heading has-primary-color has-text-color has-link-color wp-elements-90de16a7089b9fbadddd17b0c3635672\" style=\"font-size:36px\">It starts with a conversation<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">We can help you experience the joy of giving today, and we welcome the opportunity to talk with you and your trusted advisors about including charitable giving in your estate plans. Please be in touch with our team:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Rande Richardson<\/strong>, President &amp; CEO,&nbsp;<a href=\"mailto:rande@nnycf.org\">rande@nnycf.org<\/a><br><strong>Max DelSignore<\/strong>, Vice President,&nbsp;<a href=\"mailto:max@nnycf.org\">max@nnycf.org<\/a><br><strong>Foundation office:<\/strong>&nbsp;315-782-7110<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-left is-layout-flex wp-container-core-buttons-is-layout-63375db1 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-25\"><a class=\"wp-block-button__link button button-secondary has-custom-font-size wp-element-button\" href=\"https:\/\/nnycf.org\/new\/consultation\/\" style=\"font-size:18px\"><strong>Schedule a consultation<\/strong><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Your Giving: Simple, Effective &amp; Rewarding Establishing a Community Foundation fund can often be done in less time than it takes to open a bank account. You can give any type of asset \u2014 cash, stocks, closely held securities, real estate, or personal property \u2014 and receive maximum tax benefits. Our team of dedicated professionals &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":18,"menu_order":20,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"class_list":["page","type-page","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/nnycf.org\/new\/wp-json\/wp\/v2\/pages\/8879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nnycf.org\/new\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/nnycf.org\/new\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/nnycf.org\/new\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nnycf.org\/new\/wp-json\/wp\/v2\/comments?post=8879"}],"version-history":[{"count":4,"href":"https:\/\/nnycf.org\/new\/wp-json\/wp\/v2\/pages\/8879\/revisions"}],"predecessor-version":[{"id":9087,"href":"https:\/\/nnycf.org\/new\/wp-json\/wp\/v2\/pages\/8879\/revisions\/9087"}],"up":[{"embeddable":true,"href":"https:\/\/nnycf.org\/new\/wp-json\/wp\/v2\/pages\/18"}],"wp:attachment":[{"href":"https:\/\/nnycf.org\/new\/wp-json\/wp\/v2\/media?parent=8879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}