Recent News

Bassett Furniture Industries Employees Disaster Relief Fund

The Bassett Furniture Industries Employees Disaster Relief Fund has been established at MACF to provide assistance to employees of Bassett Furniture Industries (BFI) who have been impacted by a "qualified disaster” (as designated by the Federal Government). Applications must be completed and submitted to the Foundation for consideration. Instructions to apply for assistance are included in the application below. 

BFI Employee Disaster Relief Fund Application


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.

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.

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.

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

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.

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.

This fund helps young women and men pursue educational opportunities.

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