Recent News

2017 Scholarship Recipients

 MACF is proud to honor 83 local students by awarding over $200,000 in scholarships. Congratulations to all the recipients!

Health & Quality of Life Grants have been awarded.

The Foundation's Advisory Board of Directors recently made grant decisions and awarded over $40,000 to local non-profits.  
Recipients were:

Safetynet Inc., Delvin L. Hairston Memorial Fund, First United Methodist Church, American Red Cross, Piedmont Virginia Dental Health Foundation, VA Department of Health, Southern Area Agency on Aging Inc. and Tackfully Teamed Riding Academy, Inc.

Type of Funds

Almost any charitable purpose can be served through the variety of funds offered by the Foundation, and funds can be established in your name or in the name of a loved one. Funds are typically managed as permanent endowments. Please contact us for more information.

UNRESTRICTED FUND
This fund provides the best long-term flexibility to meet a broad range of important community needs as determined by the Foundation's Board of Directors.

FIELD-OF-INTEREST FUND
This fund gives you the option of restricting grants to a particular charitable area of interest. Grant recipients within that field are selected by our Board.

DESIGNATED FUND
This fund allows you to choose up front a specific nonprofit organization or group of organizations to receive long-term support.

DONOR-ADVISED FUND
This fund enables you to make recommendations each year as to grants from the fund. You can make the same or different recommendations each year.

GRANTEE ENDOWMENT FUND
Nonprofits can establish a fund solely for their benefit within the Foundation rather than separately creating and managing such a fund themselves. Donors who are interested in helping provide significant long-term support to the named agencies are invited to contribute assets to these "open" funds at any time.

SCHOLARSHIP FUND
This fund helps young women and men pursue educational opportunities.

MEMORIAL FUND
This fund honors the memory of a loved one and perpetuates charitable issues of importance to the individual.