The Chris Elliott Fund welcomes donations to establish and name new funds for one-on-one patient & caregiver guidance as well as education, awareness, advocacy and support leading to immediate access to advanced treatment options, restricted and unrestricted, in honor or memory of a loved one or organization. Below are the guidelines for establishing a fund at CEF:
I. Minimum Gift Amounts
This minimum amount to establish and name a fund is an annual gift of $10,000. This annual amount may be pledged, but 50% of the minimum amount must be gifted in or converted to cash before the fund is established.
The assets used to create a fund may be either cash or investments that can be readily converted into cash. If the fund is created with investments, the converted value less any applicable brokerage or other related fees will become the amount used to establish the fund.
II. Sunset Clause
If a fund is depleted or reaches a level below $500, then the fund is dissolved and any established program, services, etc. may be discontinued upon the discretion of the Board of Governors. If the program is discontinued for any reason, then the remaining assets of the fund may be used to best serve the needs of CEF while honoring as closely as possible the donor’s intent.
III. Donor Participation
Donors may participate in an advisory capacity when a fund is established but may not serve in a decision-making capacity regarding fund beneficiaries or be involved in the ongoing management of the fund or related program.
IV. Annual Statement
Donors will receive an annual IMPACT statement that discloses how the funds were utilized and what outcomes where achieved.
V. Periodic Review
Changes to these guidelines must be approved by the Board of Governors. The Executive Committee will review these guidelines every three years to determine if any changes or modifications are needed and advise the Board of Governors accordingly.
If you are interested in setting up a named fund, please email WeCare@EndBrainCancer.com or call 425-444-2215