CFHC / KFC Background

The Kenmure Fights Cancer Fund is a component fund of the
Community Foundation of Henderson County

How it came about:

In 2015, the Kenmure Fights Cancer President, Susan Bush, and then Treasurer, Mike Farmer, looked into becoming an IRS 501(c)(3) public charity and found it expensive ($800 +) to set up and difficult to maintain (tax filings, required meetings, etc.) We came to the conclusion that it would not be practical for an organization of our size.

Fortunately, Mike found a different solution. The Community Foundation of Henderson County (CFHC), itself an IRS 501(c)(3) public charity, is set up to work with organizations like ours. Mike and I met with them and were impressed with the advantages of an affiliation. The committee agreed and, on March 2, 2015, voted unanimously to join the CFHC under its Donor Advised Funds program.

Here’s how it works:

  • The Foundation provides the benefits of a 501 (c) (3) corporation without the up-front costs and ongoing tax filings that would otherwise be incurred. They take on the paperwork for all tax-related donations, including sending acknowledgement letters for qualified donations. They will also provide a way for us to receive contributions online.
  • The Donor Advised Funds program allows us to decide who will get the funds we raise. We can give all or part of any funds raised during a given year to the organization(s) of our choice as long as the receiving organization meets CFHC requirements (see below).
  • Management fee: The annual fee is 1% of all contributions plus out-of-pocket expenditures incurred on our behalf. (If we raised $30,000, the fee would be $300 plus expenses.)
Much as we hate to take even a single penny of our hard earned funds away from the recipients, we believe these costs are reasonable and the benefit will be worth it. Hopefully the added credibility will encourage more donations.

How this affects our donors and event participants:

The Community Foundation has two types of events, Independent and Foundation Affiliated.

Independent events are the simplest for us to run because they do not require approval by CFHC or oversight for promotional materials.

  • Only the net proceeds of the event are sent to the Foundation.
  • Individual participants (ticket purchasers, sponsors, golf players, etc.) will not receive an individual acknowledgement from CFHC and therefore will not be eligible for a tax deduction for any part of their purchase/donation.

Payment for Independent Events:

  • Kenmure Country Club members may charge fees for these events to their accounts. The statement will reflect the amount donated, but this does not indicate tax deductibility.
  • Non-KCC members may pay for these events with a credit card at KCC.
  • You may pay by check, however individual tax acknowledgements will not be issued, as stated above.

The following are this category for 2016.

Autobell Car Wash

Kenmure Krush

Gala Dinner

Treasure Trove Raffle

Golf & Tennis Tournaments



Foundation Affiliated Events: In the eyes of the IRS, this type of fundraising is done on behalf of CFHC. The Community Foundation is legally responsible for all fundraising undertaken on its behalf. CFHC and the donor can face serious penalties if careful procedures are not established and followed.

This means our donors enjoy the tax benefits, but we are required to have events themselves approved in advance by CFHC. Promotional materials must also be approved. Here's how donations will be handled:

  • The event chair collects and records individual contributions. He/she passes cash and checks on to the Treasurer who then gives them to the Foundation.
  • Online contributions are recorded by the Community Foundation, who advises the event chair that a donation has been made.
  • CFHC sends acknowledgement letters to the donors. These letters qualify the contribution as tax deductible.

Payment for Foundation Affiliated Events:

  • Cash, check or online credit card payment through CFHC. Eligible for tax deduction as below.
  • KCC Member Charge: You may charge to your KCC account, however the donation will not be tax deductible if you choose this method.
  • Preferred method: Checks are preferred because the typical credit card charge fee will be deducted from the total amount that we receive.

The following are in this category for 2016:

Honor Board

Fully tax deductible.

Super Signs

Repeat signs: Fully tax deductible.

New signs: Cost of making sign will be applied to the deductible amount.

  • In other words, if the cost of the sign is $100 and the fee to make it is $15, the deductible amount will be $85.)


Selection of recipients of funds:

The Kenmure Fights Cancer Board selects recipients on an annual basis. These recommendations are then submitted to the Community Foundation.
  • Recipients of the funds must meet CFHC requirements and be approved by them.
  • Recommendations will, in each case, be evaluated independently by the Foundation staff to determine if they are consistent with the purposes of the Foundation that include philanthropic organizations in the arts and culture, education, health, human services and other fields.
  • Grantees must also be charitable organizations as defined in section 501(c)(3) of the Internal Revenue Code and pass the Foundation's due diligence procedure.
The following are have been selected for 2016. They will receive equal shares. Funds are designated for equipment and technology in the realm of patient care.
 The Comprehensive Cancer Center of Pardee Hospital
 Park Ridge Health Cancer Services

Kenmure Fights Cancer, c/o Susan Bush, 2019 President, 328 Kenmure Drive, Flat Rock, NC 28731

Contact: (828) 692-1281 or susan@libertymanuals.com

Kenmure Fights Cancer has donor advised and designated funds with the Community Foundation of Henderson County.

Website: www.cfhcforever.org                  Contact: (828) 697-6224

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