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Endowment

For over 80 years, United Way of Cumberland County has worked through partnerships to identify challenges and develop solutions that have a long-term impact in Cumberland County. The UWCC Endowment was created in order to ensure that United Way is able to continue serving the community for years to come.

 

How It Works

An endowment is a fund where the principal is never spent and is invested to create an ongoing source of support and sustainability for UWCC. The endowment can grow over time to generate an increasing stream of funding. The endowment is managed by Cumberland Community Foundation (CCF), and it provides support for our mission every year, forever!  CCF invests the original gift, distributing to the United Way of Cumberland County annually from the investment income alone, protecting the value of the original gift in order to keep up with inflation as the years go on. 

 

Partnership with Cumberland Community Foundation

Cumberland Community Foundation (CCF) holds the endowment funds for UWCC and handles the investment management and administrative responsibilities. CCF successfully manages over 450 funds and is accredited by the National Standards for U.S. Community Foundations Board. Partnering with Cumberland Community Foundation allows our staff to focus more on our mission and programming, while CCF takes care of the investment and management of our endowment fund for us!  

 

How to give to the United Way of Cumberland County Endowment:

Contributions to the UWCC Endowment Fund can be made through:

  • Cash
  • Real Estate/Life Estate
  • Stocks/Securities
  • Bequest: Name us in your will
  • Beneficiary designation for life insurance or retirement accounts
  • Trusts/annuities
  • Creation of your own designated endowment fund to support UWCC.
  • Other tangible assets

Give Online- Donate online at https://cumberlandcf.fcsuite.com/erp/donate/create?funit_id=1782

Donate Stock- For convenient giving of stock and other securities, CCF has accounts at many major brokerage houses. Call 910-483-4449 for instructions.

Make a Beneficiary Designation- Designate CCF to receive gifts from 401k, IRA, bank and investment accounts, or insurance as an addition to an endowment in the donor's name, designated for the United Way of Cumberland County Endowment (Always coordinate beneficiary designations with your overall estate plan by consulting with your legal advisor).

Create a Planned Gift- Make a future gift through a charitable remainder trust, a gift in a will, or other estate documents (Always coordinate estate plans by consulting your legal advisor).

 

Payment Options

  1. Make checks payable to CCF with a designation to the UWCC Endowment and mail to : CCF, P.O. Box 2345, Fayetteville, NC 28302
  2. Give online via credit card at cumberlandcf.org. The UWCC Endowment is available in a dropdown list of funds.
  3. Name the UWCC Endowment in your will.

For more information about endowment giving, please call United Way of Cumberland County at (910) 483-1179.

Our Impact In 2022/2023

  • People Helped

    210,966

  • Volunteer Hours

    4,605

  • Funds Granted

    $745,462

  • Volunteers

    311

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