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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 one generous 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 Evangeline Foundation, Iberia Foundation, St. Landry Foundation, St. Mary Foundation and Vermilion Foundation, all affiliate foundations of CFA. Community leaders and philanthropists in Acadia and St. Martin Parishes are working to establish an affiliate foundation for their respective parishes.

CONNECTING PEOPLE


Over the past two decades, CFA attained two significant milestones. CFA has realized cumulative gifts exceeding $308 million and has made cumulative grants of more than $158 million. In 2012 and 2013, CFA was recognized among the Top 100 community foundations in the country.