Nonprofits

Through our donors and funding partners, the Athens Area Community Foundation provides financial support to nonprofits. Although grant making is important, the Community Foundation is committed to serving nonprofits in a variety of ways. AACF supports capacity building and technical assistance so that nonprofits can effectively raise, use, and preserve the resources they need to fulfill their missions.

Nonprofit Funds

For an established nonprofit organization that is interested in long-term financial sustainability, an agency endowment fund is one way to make the best use of the donations received. Working with AACF offers a cost-effective investment option and frees your staff from time consuming administrative and investment responsibilities so you can remain focused on your core mission. Nonprofits gain access to diversity of investments, oversight, benchmarks and standards difficult to achieve with a portfolio of your own.

CottageSally Sheppard, The Cottage’s Executive Director, points out, “One of the main advantages of using the community foundation is in the economies of scale- AACF has endowment credibility, stringent investment policies, and can handle complex donations which allows us to stay focused on our most important task: the pursuit of our mission.”

In 2016, 14 nonprofits took advantage of AACF’s economy of scale and professional, endowment-oriented investment management to build their endowments. Agencies include United Way of Northeast Georgia, Athens Community Council on Aging, AthFest Educates, Habitat for Humanity, OLLI@UGA, Georgia Options Foundation, The Cottage, and Friends of the Athens-Clarke Library.

 

Connect, Learn, and Share

AACF works closely with the area’s diverse private, public, and nonprofit organizations to identify and address local needs. AACF co-convenes and/or participates in multiple community collaboratives including Community Connection’s Nonprofit Development Alliance, Family Connection’s Whatever It Takes Initiative, the Athens Health Network, the Northeast Georgia Homeless and Poverty Coalition, the OneAthens Affordable Housing Team, and informal interest groups focused on everything from the financial literacy to the arts. Connecting needs with resources and identifying areas for greater efficiency is a key function of the Community Foundation.nw_acclibrary2

Find Grants

AACF helps fund a Cooperating Collection at Athens Regional Library providing nonprofit leaders and scholarship seekers access to the Foundation Center’s directory of over 2 million grant sources, a database of grants to individuals (8,500 funders), and publications on grantwriting and nonprofit development.

Visit the Athens Regional Library to learn more.

Build Capacity

As part of the Nonprofit Development Alliance, AACF partnered with Community Connection of Northeast Georgia, UGA’s Institute for Nonprofit Organizations, and ACTION, Inc. on the Federal Building Community Services That Grow Local Economies program, helping to provide technical assistance and training in capacity building to over 50 local organizations.