How It Works

• Donations: Individuals, families, businesses, and other entities contribute to the unrestricted fund. Donors trust CFMT to allocate these funds to the areas of greatest need or opportunity.
• Investment: CFMT invests the contributions to grow the fund over time. Investment strategies are typically designed to ensure the fund remains sustainable and can continue to support the community in the long term.
• Grantmaking: Unlike restricted funds, which are designated for specific purposes, unrestricted funds can be used for any charitable purpose that aligns with CFMT’s mission. This allows CFMT to respond quickly to emerging needs, unforeseen crises, or new opportunities.
• Needs Assessment: CFMT continually assesses the community’s needs through research, community engagement, and partnerships with local organizations. This helps ensure that grants from the unrestricted fund are directed where they can make the most impact.
• Distribution: CFMT’s board and staff make decisions on how to allocate the unrestricted funds. This process typically involves reviewing grant applications, evaluating community needs, and sometimes soliciting input from community advisory committees.
• Reporting and Accountability: CFMT provides regular reports to donors and the community about how the unrestricted funds have been used. This transparency helps build trust and encourages continued support.

Benefits of Unrestricted Funds

• Flexibility: The ability to address a broad range of needs as they arise.
• Efficiency: Quick response to urgent situations without the need for time-consuming fundraising campaigns.
• Strategic Impact: Support for innovative projects and initiatives that may not fit into the constraints of restricted funds.
• Sustainability: Ongoing support for the community through CFMT’s prudent investment and grantmaking strategies.

Examples of Use

• Emergency Relief: Providing immediate assistance during natural disasters or other crises.
• Community Development: Funding for local projects that enhance quality of life, such as parks, arts programs, or educational initiatives.
• Nonprofit Support: Grants to strengthen the capacity and sustainability of local nonprofit organizations.

By contributing to an unrestricted fund, donors enable CFMT to act as a steward of the community’s wellbeing, ensuring that resources are available to address the most pressing needs and opportunities as they arise.