An Agency Fund is a cost-effective and easy way for a nonprofit organization to invest in its future. Nonprofits are able to focus on their mission and donors can be confident that the fund will be professionally managed to build a reliable source of continuing support.
How it Works
We work with nonprofits and their boards to help grow funds. Agency Funds offer nonprofits access to investment pools that are not always accessible to small organizations. Nonprofits may set up an Endowed (principal is guarded from spending) or Expendable Fund and may choose from three different investment pools.
The minimum to open an Agency Fund is $10,000. The nonprofit’s board determines how much to contribute for the initial investment to establish the fund. The nonprofit’s organization or donors may then add to the fund any time.
3VCF takes care of all reporting and tracking of the nonprofit fund, including IRS filings. The nonprofit will receive a quarterly financial statement detailing the assets in the fund and may view their account at any time via our donor portal. Agency Fund holders also have lower cost access to 3VCF’s services on legacy, planning, securities and complex gifts.
Contact 3VCF Interim CEO Nelson Fialho at firstname.lastname@example.org to learn more.