Disaster Relief Fund
An effective response, regardless of where a natural disaster occurs, requires sustained involvement on behalf of donors, responding organizations and a myriad of other actors. The bulk of disaster dollars are often allocated during the emergency humanitarian relief phase (with a focus on emergency food, shelter, water, sanitation and health care). Emergency relief is vital. Still, experts agree that disaster relief dollars are insufficient to meet the medium- and long-term needs of disaster-affected communities.
Community Foundation of Western Virginia, Inc. (d/b/a Foundation for Roanoke Valley and Martinsville Area Community Foundation) has established a Disaster Relief Fund in order to respond to catastrophic events as they occur.
How will the Disaster Relief Funds be used?
100% of all donations (except any online credit card processing fees) will be used to respond to the complete timeline of the disaster management effort: from immediate relief to recovery, and then to reconstruction and rebuilding.
Who will the funds support?
The Disaster Relief Fund will support nonprofit organizations and public entities that have a defined role in short-term and long-term recovery efforts by providing critical services to individuals, families and communities impacted by the disaster. Each nonprofit or public entity who receives disaster relief funds will be carefully vetted by the Foundation to insure the most effective and efficient use of the monies raised.
How can I make a donation?
Donations can be made online here. Checks can be mailed to Martinsville Area Community Foundation at P.O. Box 1124, Martinsville, VA 24114. Please designate your gift for “Disaster Relief”. Donor Advisors may also recommend a grant to the Disaster Relief Fund by submitting a Donor Advised Fund Grant Recommendation Form. All gifts are tax-deductible.
Establishing an endowment fund requires a minimum of $10,000 with the exception of Scholarship and Grantee Endowment funds which require a $25,000 minimum. There are no set-up fees, and it can be done quickly using a simple fund agreement. The Foundation does assess a modest one-percent annual charge to administer a fund and support its work in the community.
Take these simple steps:
- First, determine your charitable purpose or intent.
- Select the type of charitable fund that best supports your purpose. Our staff can outline your options and discuss the advantages of each.
- Select a name for your fund. You can use your name, that of a family member, the name of a favorite cause, or choose a name that allows you to remain anonymous.
- Depending on the type of fund you establish, you may designate current fund advisors such as yourself and spouse and successor advisors such as your children. This and other information noted above will be included in the fund agreement prepared by Foundation staff.
- Sign the simple fund agreement.
- Make an establishing gift. See Types of Gifts for the types of contributions you can make.
- Receive a tax deduction (to the maximum extent allowed by law) at the time the fund is established and when additional contributions are made to the fund.
We are available to help you with all aspects of your giving experience. If you have questions about becoming a community foundation donor that have not been answered in this section, contact us for more information.