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BUILDING LEGACIES

Generous donors have the opportunity to establish a charitable savings account in numerous ways. Donors establish a fund at CFA that they name and they direct. CFA’s impermanent Donor Advised Funds are easy to establish and can be done with any amount. Contributions to the fund are tax deductible. Donors use these funds to make grants to nonprofits, churches and schools, and CFA manages all of the paperwork for you. Establishing gifts and fund balances are never public, not even to the CFA Board of Directors, and the funds can benefit from the appreciation of its invested dollars.

At any time or as part of a succession plan, donors transition to other permanent named funds. Such permanent named funds include Scholarship Funds; Designated Funds allocated for particular churches, schools or nonprofits; or Fields of Interest Funds that benefit particular causes or a particular parish.This is a powerful tool to build one’s legacy and memorialize or honor parents, grandparents and others. “I want my life’s work to benefit others,” said onegenerous donor.

IMPROVING COMMUNITIES


CFA’s primary service area includes the eight (8) Acadiana parishes of Acadia, Evangeline, Iberia, Lafayette, St. Landry, St. Martin, St. Mary and Vermilion. CFA grows and enhances philanthropy throughout this region. CFA’s most prominent civic leadership endeavors include the establishment of the Iberia Parish Foundation and St. Mary Parish Foundation, affiliate foundations of CFA. Community leaders and philanthropists in Evangeline and St. Landry Parishes are working to establish an affiliate foundation for their respective parishes.

CONNECTING PEOPLE


In 2017, CFA attained two significant milestones. At year’s end, CFA has $128 million in assets, surpassing $100 million in assets for the first time. Since inception in 2000, CFA has made donor-directed grant distributions of more than $107 million. These milestones illustrate the trust and confidence of ourgenerous donors and stakeholders throughout our region.