The CCM Foundation establishes and promotes a permanent foundation to accept gifts for the charitable and benevolent purpose of Cabarrus Cooperative Christian Ministry, Inc. The CCM Foundation provides two avenues, the Legacy Fund and the Permanently Endowed Fund, for designating gifts to the ongoing work of Cooperative Christian Ministry.
The CCM Foundation has partnered with the Foundation for the Carolinas to help facilitate the growth and development of these two endowments.
The Legacy Fund is a quasi-endowed gift fund, also held by the Foundation for the Carolinas. It operates like an Endowed Gift Fund, such that an annual spendable income is calculated and available for distribution. However, unlike the Endowed Gift Fund, the entire balance may be made available for distribution if needs arise. Choose this gift fund if you are interested in providing continuing support for the charitable purposes of CCM, yet maintaining the flexibility for the organization to react to current needs or situations as they arise.
The Permanently Endowed Fund is a permanent gift fund. Its assets are held irrevocably by the Foundation for the Carolinas and are managed to accomplish the identified charitable purposes. Endowed Gift Funds are designed to be preserved in perpetuity, so only the annual spendable income is available for distribution. Choose this gift fund if you are interested in establishing a permanent legacy by providing continuing support for the charitable purposes of Cooperative Christian Ministry.
Planned gifts are those gifts which create a legacy for Cooperative Christian Ministry. These may include one-time gifts or estate gifts provided through wills and trusts. Every donation is tax deductible to the full extent of the law. Proper estate planning may increase your current income, bypass capital gains tax, reduce current income tax, reduce estate tax, or retain assets to those you love. Click here to learn more.
Thank you for partnering with Cooperative Christian Ministry!
Your financial support is crucial to the individuals and families in crisis who we serve each day.
Cooperative Christian Ministry is a 501(c)3 non-profit organization. All contributions are tax-deductible. CCM’s tax ID number is 56-1320218.