Charter Charitable Foundation - New Hampshire's Philanthropic Choice

Charter Charitable Foundation

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What is Charter Charitable Foundation? Charter Charitable Foundation is a tax-exempt 501(c)3 public charity, registered with the Internal Revenue Service and the New Hampshire Attorney General's Office- Department of Charitable Trusts. Gifts to Charter Charitable Foundation are irrevocable and the Foundation Board of Directors has the ultimate discretion on the application of funds. Donations to Charter Charitable Foundation are locally managed.	What services does Charter Charitable Foundation offer? The Foundation offers Donor Funds, Restricted and Unrestricted Endowment Funds and Planned Giving Tools. Who will be eligible to apply for grants? Other 501(c)3 non-profits as defined by IRS code, and registered with the State Attorney's General Office(s), but not necessarily limited to New Hampshire, Vermont and Maine. Grants will not be made to individuals. What is the Restricted Endowment Fund? The Restricted Fund is available to donors who have a specific organization(s) or social purpose they want to support for a set period of time or for a specific dollar limit. This endowment can be made either during one's life or in a testamentary bequest to the foundation. Why offer a Restricted Endowment Fund and a Donor Fund? They serve two very different purposes. A Donor Fund is ideal for the donor who wants to be more involved in their charitable giving, but is looking for assistance in screening eligible and worthy charities. It is also a great tool for families looking to create inter- generational involvement in the family's philanthropic activities, without the complexities of a private foundation. A Restricted Fund will appeal to donors looking for a more defined, structured and simplified charitable giving process. From the donor’s perspective, it allows detailed direction of their donation not subject to Board approval. And, after creation and funding there is little more involvement needed from the donor.

Who can receive donations from the Unrestricted Endowment Fund? Charter Charitable Foundation's Unrestricted Endowment Fund provides charitable contributions to 501(c) 3 organizations whose quest is to improve the quality of life, health and well being of individuals and communities within Northern New England. The recipient charities' purpose could include education, health, human services, environmental issues, as well as many others. Charter Charitable Foundation evaluates grant requests and the needs of the community on an ongoing basis to determine which potential charitable recipients would experience the most impact with the greatest results from a CCF charitable grant. We routinely follow up with grant recipients to ensure the money donated is used for the purpose intended.