Lake Monticello Community Foundation, Inc.
Mission Statement
Our mission is to enhance the well-being of all Lake Monticello and Fluvanna County residents by supporting collaborative action for the current and future needs impacting the entire community.
The Community Foundation
Is a non-profit, charitable organization
Is a means to contribute to our community
Provides a tax deduction to those who contribute
Is a way to help ourselves because all donations used for our community
Is a win-win
Liaisons with Lake Monticello Owners’ Association (LMOA) but is an independent organization with its own board of directors
The Community Foundation’s work could take the form of
Projects big and small to enhance our physical environment
Scholarships recognizing commitment to community services
Events bringing Lake Monticello neighbors together to enhance a sense of community
Grants to organizations that benefit the Lake Monticello and Fluvanna community
In a nutshell, The Lake Monticello Community Foundation is a way to help the community shine while providing a tax deduction to those who do contribute.
LAKE MONTICELLO COMMUNITY FOUNDATION
Support the Foundation by donating. With your contribution (suggested $50) you become a Friend of the Foundation.
You can also volunteer by joining a committee or helping with events.
For those willing to help, with or without financial contributions
Donations Are Tax Deductible!
The Lake Monticello Community Foundation provides a way for those who love the Lake to contribute to help the Lake and get a tax benefit from doing so. LMCF is a 501(c)3 charitable organization incorporated in the Commonwealth of Virginia. The Foundation has received a tax exempt determination from both the IRS and Virginia, stating that all contributions made to it are tax deductible to the extent allowed by law. Among other giving, the Community Foundation is able to give to the LMOA as long as the donations meet the Foundation’s stated mission: “to enhance the well-being of Lake Monticello residents through volunteerism and philanthropy for current and future needs impacting the entire community.” Both LMOA and the Foundation have received legal opinions saying the LMOA can legally accept support from the Lake Monticello Community Foundation. Lake Monticello Community Foundation is not affiliated with Lake Monticello Owners Association.
