Alamance Community Foundation

Field of interest funds: the community foundation manages endowed and unrestricted grant funds which are used to strengthen its community for present and future generations. Focus areas for 2024 were program/project-based funding in the areas of education, health and human service, youth programming and the arts.

Designated and organization endowment funds: area residents have created funds to support specific nonprofit organizations. During 2024, 14 special interest endowment funds granted $97,316 to their beneficiary organizations. In addition, the community foundation manages the endowment funds of local nonprofit organizations (a total of 28 funds in 2024). Accordingly, the foundation recognizes a liability to the nonprofit and adjusts this liability for related contributions, earnings, grants and expenses. In 2024, $146,344 was returned to these organizations.