Foundations for Fundraising Purposes

Mon, 11 Jun 2018 16:05:25 GMT

A member community is wanting to know which LeadingAge North Carolina members have separately incorporated 501(c)(3) Foundations for fundraising purposes.

Mon, 11 Jun 2018 16:05:59 GMT

Well•Spring does. Thanks.

Mon, 11 Jun 2018 16:17:28 GMT

As a 501(c)3 organization itself, Galloway Ridge does not have a separately incorporated foundation. We believe creating one would add more confusion, unnecessary reporting, audits and administrative tasks.

Mon, 11 Jun 2018 16:17:57 GMT

We are looking into this very opportunity as well.

Mon, 11 Jun 2018 16:58:57 GMT

We have a separate 501 c (3) at Springmoor. Ours is our Endowment Fund which is mainly used to subsidize residents when they run out of money due to no fault of their own. We have had it for about 25 years now. We have fundraisers throughout the year to generate money for the fund.

Mon, 11 Jun 2018 16:59:31 GMT

Aldersgate is in the process of filing our papers with the IRS to create a separate Foundation.

Mon, 11 Jun 2018 16:59:53 GMT

We have one through the UMRH Corporate Office…but not specifically for Croasdaile Village.

Mon, 11 Jun 2018 17:00:21 GMT

We once had a separate Foundation for fundraising purposes. We no longer do. All fundraising now is handled by Southminster, Inc.

Mon, 11 Jun 2018 17:01:01 GMT

The Pines does NOT have a separate foundation for fundraising.

Mon, 11 Jun 2018 17:41:22 GMT

Plantation Village Inc does not have a separate 501c3, however, our resident has established a 501c4 for employee recognition. This is separate from our business.