Greater Morgantown Community Trust

What is the Greater Morgantown Community Trust?

        GMCT is a tax-exempt public charity created by and for the people in the Greater Morgantown area. It enables people with philanthropic interests to easily and effectively support the issues they care about --- immediately, or through their will. Donors can establish a charitable fund at GMCT by contributing a variety of assets, and may also recommend grants --- in their name, if they choose --- to nonprofit groups they want to support.

Personalized Service

        GMCT helps individuals, families, businesses, and nonprofit agencies achieve their charitable and financial goals by providing tools and resources that make giving easy, flexible, and effective.
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Donors can create a charitable fund and recommend grants that support the issues and groups they care about --- such as the arts, education, the environment, and healthcare --- even if these groups are located outside their local community. Or, donors can rely on the foundation to make grants that reflect their particular interests.
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GMCT is an attractive alternative to starting a private foundation since we handle all reports, accounting, and investment management.
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Donors who establish a fund at a community foundation benefit from the highest available tax deductions for charitable contributions.
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Donors can establish a variety of funds, depending on their financial and charitable goals. Some approaches focus on giving in the near-term, while others enable donors to make giving a part of their estate planning strategy.
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Donors have opportunities to be involved in the grant-making process, including recommending grant recipients.
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Donors can create an individual or family legacy by establishing a named fund at a community foundation --- this can help ensure that future generations learn the value of giving back.
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GMCT can accept a variety of assets and facilitate complex giving strategies.
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GMCT pools the assets of individual funds, allowing economies of scale when hiring top investment managers.
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Donors can choose to be anonymous in their giving.

    Local Expertise

        Community foundations have an in-depth understanding of the community’s challenges and the groups and individuals addressing them.
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GMCT closely monitors community issues, opportunities, and resources.
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Our knowledge of the community enables us to make a difference by funding high-impact initiatives which address a broad range of local needs.
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We assist donors in learning more about local issues in order to make their giving as effective as possible.

    Community Leadership

        GMCT plays a key role in addressing community needs, now and in the future.
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We serve as community catalysts, convening diverse voices and groups to work on solutions to local issues.
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We build endowments to ensure that grants are always available to support the community.
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We foster greater giving and volunteerism in our community.
· We are governed by leaders with strong ties to our community.



 
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GREATER MORGANTOWN COMMUNITY TRUST 
All Content © Copyright 2006 All Rights Reserved and may not be reproduced without the express written
consent of The Greater Morgantown Community Trust
344 High Street / Post Office Box 409 Morgantown, WV 26507-0409 (304) 296-3433
info@gmctfoundation.org

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