Frequently Asked Questions
Erie County Community Foundation helps philanthropists support causes close to their hearts while enriching the lives of the people of Erie County by addressing community needs, providing leadership, and cultivating resources for a lasting impact.
Erie County Community Foundation is a 501(c)(3) tax-exempt nonprofit dedicated to enhancing life in Erie County, Ohio, through philanthropic efforts. Donors establish charitable funds, which we manage and invest, using the income for community benefit as directed by our Board of Directors and Officers. Read more about us.
Our Board of Directors and Officers, comprised of local volunteers with expertise in various fields, oversees our operations, ensuring we serve the community's best interests.
An endowment at Erie County Community Foundation is a perpetual charitable fund. We invest the principal, using the growth to award grants and scholarships.
Erie County Community Foundation makes it simple. Most funds require a minimum contribution of $5,000, while scholarships need at least $25,000. You can also create Estate and Legacy gifts through estate planning.
Most funds require a minimum contribution of $5,000, while scholarships need at least $25,000. You can also create Estate and Legacy gifts through estate planning.
Yes! Donations to Erie County Community Foundation are tax-deductible to the fullest extent permitted by law. Talking with your established CPA is a great place to start this conversation.
Absolutely! We accept various assets, including securities, real estate, and retirement assets. These gifts may offer additional tax benefits.
Yes! Any contribution, regardless of size, to existing funds is welcomed. We have a variety of established needs in the community for you to choose from.
We carefully invest and manage funds according to an established policy, ensuring long-term sustainability and prudent financial stewardship.
Your fund's safety is paramount to us. We have robust policies in place and undergo regular audits to ensure accountability and transparency. We are in compliance with all laws and regulations set for Community Foundations.
Grants are awarded semiannually, with application deadlines in February and August. Most of our scholarships have an annual Universal Application deadline of 11:59 pm, March 1. Important exceptions to the Universal Application deadline are: Ohio Athletic Committee (February 1); Six Flags Associates, Six Flags Lamond Jasper Maintenance, and Six Flags RAAM Scholarships (September 30); and Harry DeLapp (November 10).
Grants are typically awarded for one year, although exceptions may occur.
We only award grants to charitable organizations, churches, governmental, and other tax-exempt entities. Student scholarships are paid directly to the institute of higher learning, not the individual student.
If you experience difficulties, please contact us for assistance.
Yes, we offer donor-advised funds, providing donors with flexibility in their charitable giving while still benefiting the community.
Yes, donors can specify their preferences when establishing a fund or making a contribution, ensuring their support goes toward causes they care about deeply.
Certainly! We can assist with estate and legacy planning to establish a fund aligned with your wishes.
Yes, we offer various planned giving options, allowing donors to leave a lasting legacy while maximizing tax benefits for themselves and their heirs.
More Questions?
Call the ECCF office at 419-621-9690 for more information.