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Long Cove Club


Platinum Club of America

 
Long Cove Club Community Endowment Fund
Tennis Racket
Serving it up for a good cause
Saturday, September 18
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Mission
The mission of the Long Cove Club Community Endowment Fund is to encourage and support charitable giving by members of Long Cove Club community. In awarding grants, the Fund seeks to address current needs in the areas of health, housing, hunger and education on Hilton Head Island and in surrounding areas.

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Since inception in 2003, the LCCCEF has donated nearly $200,000 to local organizations

About the Fund
The Long Cove Club Community Endowment Fund was created in 2003 by the directors of Long Cove Club in collaboration with the Community Foundation of the Low Country. The Fund solicits tax-deductible donations from Long Cove members and awards grants in the name of the Long Cove community to deserving, local non-profit agencies. Long Cove Club is the first residential community on Hilton Head to establish a charitable endowment fund.

The Fund is administered by a volunteer advisory committee of Long Cove members, each of whom shares a long-standing interest in and commitment to philanthropy. Volunteer leadership enables the Fund to keep fundraising and other administrative costs to less than one percent of all monies raised.

In its advisory capacity, the Fund committee adheres to the following guidelines:
  • Grants are awarded according to needs in the areas of health, housing, hunger and education locally
  • Grants are awarded on the merits of specific projects, not as supplementary funding for an organization’s operating and/or capital budget
  • Grants are monitored and evaluated semi-annually
  • One half of every donation is returned to the Fund’s principal, ensuring that the endowment continues in perpetuity
  • Donor anonymity is respected at all times

Why You Should Become a Part of the Legacy
Endowment is investing in the future in the truest sense; it provides the financial resources to contend with both the demands of today and the obligation of tomorrow. The Long Cove Club Community Endowment Fund underscores this philanthropic principle. Its very existence gives testimony to this community’s ongoing commitment to others and to a spirit of generosity that is certain to build an enduring legacy for this “very special place”.

Potential Grant Recipients
To learn more about the Long Cove Club Community Endowment Fund grant application process, click here.