Your own Named Fund at Norfolk Community Foundation works just like your own charitable trust but is a lot easier for you to manage. Please see our Comparative Table, which clearly details the benefits and comparisons. We handle the investment, correspondence, compliance and governance. This leaves you free to focus on building your fund, perhaps over a number of years, and helping us decide which applications should receive a grant from your fund.

We normally suggest a minimum target of £25,000, which can be achieved by a one off gift, regular monthly or lump sum contributions when appropriate to your business or tax situation.

Named funds can be:

• Your way of supporting for ever, the causes you care about.
• Built up over future generations of your family, continuing the tradition you establish
• In memory of someone important to you and perhaps initially funded from their estate
• Linked to your organisation to provide a lasting focus for staff and corporate charitable giving

To cover the cost of administering your fund, as well of course as managing the grant making process, we take a charge of up to 1% of the market value of your fund every year. You will find this is far less than the charges usually associated with independently managed funds.

If you would like to explore the possibility of setting up your own named fund, we would be pleased to advise you, in confidence and without you feeling committed.

We never forget that each fund is different.

Please contact Kate Kingdon to discuss how to set up your fund.