“We do not inherit the earth from our ancestors, we borrow it from our children.”

~Chief Seattle

These Funds support programs that embrace and encourage life long learning in the region and increase the knowledge base of the community. The funds support organization and community groups that focus on education and also scholarships, conferences, field trips, and training programs.

Allegany County Imagination Library

Imagine the thrill of a child’s face when receiving a new book each month…
The Allegany County and Dolly Parton Imagination Library are bringing the joy of reading to our children.  Upon registration, each will receive a brand new book every month until their fifth birthday.

You will be donating to the ALLEGANY COUNTY IMAGINATION LIBRARY.

Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation using a different method, please contact our office at 301-876-9172.




Ken Alrutz/Bob Moreland Memorial Scholarship Fund

Ken Alrutz, Mr. A, Our Fearless Leader, the Master, was Explorer Post 10’s compass from 1962 until being transferred by PPG in 1970.  He was our inspiration, our mentor. Bob Moreland, Mr. Moreland or Bloody Bob, served as the lieutenant, guiding the Post 10 ship from its founding in 1958 until it met its end in 1982.  He sang, he prayed, he laughed. With the leadership, tutelage and mentoring of these two giants, our crew of Explorers became men.  We learned ethics and values.  We learned perseverance and humility.  We learned faithfulness and reverence. We learned how to lead and how to follow.  We became lawyers, educators, actors and engineers.  We  became business owners and community and civic leaders.  And we became husbands and fathers. I firmly believe that much of our collective success may be attributed to those lessons we learned from our fearless leaders:  Ken Alrutz and Bob Moreland.  They changed our lives. It is with this in mind that we created a scholarship in their name that will, in perpetuity, send scouts from the Potomac District to camp, whether it’s a local summer camp, a BSA High Adventure Camp or the National Jamboree.  Mr. A and Mr. Moreland’s memory and leadership lessons will live on…forever.

You will be donating to the Ken Alrutz-Bob Moreland Explorer Post 10 Scholarship Fund


Beall High School Alumni Scholarship Fund

This fund will provide scholarships to deserving students graduating from Mountain Ridge High School (formerly Beall High School), in Frostburg, MD.  Scholarships shall be awarded to students who seek an undergraduate degree from an accredited college or university.  For additional information, students and parents are encouraged to speak with the school guidance counselor or principal at MRHS.

You will be donating to the BEALL HIGH SCHOOL ALUMNI SCHOLARSHIP FUND.

Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation using a different method, please contact our office at 301-876-9172.




Dr. Harry W Boggs Youth Advancement Fund

Developed by friends, family and the Mineral County business community, this fund will provide assistance to any young person residing in Mineral County, between the ages of 14-18 years old, who is interested in participating in character-building organizations and programs.

You will be donating to the DR. HARRY W. BOGGS YOUTH ADVANCEMENT FUND.

Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation using a different method, please contact our office at 301-876-9172.




Dick Ryan Scholarship Fund

Scholarships shall be awarded to students in pursuit of an undergraduate degree from an accredited college or university.

You will be donating to the DICK RYAN SCHOLARSHIP FUND.

Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation in a different method, please contact our office at 301-876-9172.




Ebert Family Hope Fund

A gift to this fund will help strengthen families and support parenting in Allegany County, MD.

You will be donating to the EBERT FAMILY HOPE FUND.

Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation using a different method, please contact our office at 301-876-9172.




Fort Hill Scholarship Funds

FHSF banner

Frank H. Eberly, Jr. Scholarship Fund

The Frank H. Eberly, Jr. Scholarship Fund was established by the family of the late Mr. Eberly. A  scholarship in the amount of $1,000 will be awarded to one high school senior enrolled in public or private school in both Garrett and Allegany Counties. Scholarship forms and instructions are available here or with an area guidance counselor.

Frank H. Eberly, Jr. Scholarship application

You will be donating to the FRANK H. EBERLY SCHOLARSHIP FUND

Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation using a different method, please contact our office at 301-876-9172.




Garrett County Community School Support Fund

This fund will provide financial support for charitable initiatives benefiting Garrett County Education within the following terms:

  • Any teacher within the Garrett County Public School system can apply for funds.  Teachers who volunteer for sponsored events, and which generate funds, shall be given priority should more than one request be received.
  • Classroom needs are to be given top priority.
  • Extracurricular activities, such as school-related field trips, sports, bands or clubs, may also request funds.
  • Funds may be requested in accordance with the grant cycles adopted by the Board of Trustees of CTF.
  • Public school teachers may underwrite submissions for funds requested for use to support home-school students in Garrett County.

You will be donating to the GARRETT COUNTY COMMUNITY SCHOOL SUPPORT FUND. Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation using a different method, please contact our office at 301-876-9172.




George B. and Lenore Humberson Scholarship Fund

This fund provides scholarships to deserving students from Northern Garrett High School in Accident, MD.  Scholarships are awarded to students who are studying in post-secondary education at Frostburg State University.  For additional information, students and parents are encouraged to speak with the school guidance counselor or principal at NGHS.

You will be donating to the GEORGE B. AND LENORE HUMBERSON SCHOLARSHIP FUND.

Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation using a different method, please contact our office at 301-876-9172.




Girl Scouts of Garrett County

This fund has been established to provide financial support for current initiatives that support the interests of the Girl Scouts of Garrett County, MD.  Specifically, community events for all Garrett County Girl Scouts, supplies for girls who have shown a financial need, troop expenses, and travel beyond Garrett County related to community, council or national events. 

You will be donating to the Girl Scouts of Garrett County.

Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation using a different method, please contact our office at 301-876-9172.




Iris & Peter Halmos Community Fund

Your gift will support initiatives to make Allegany County, Maryland a more vibrant community in which to live, work and raise a family.

You will be donating to the IRIS & PETER HALMOS COMMUNITY FUND.

Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation using a different method, please contact our office at 301-876-9172.




Naylor Family Trust Fund

The Naylor Family Trust generously supports charitable causes focusing on education and culture in western Maryland and West Virginia.

You will be donating to the NAYLOR FAMILY TRUST FUND.

Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation using a different method, please contact our office at 301-876-9172.




Ted A. Wolfe Community Fund

A donation to the Wolfe Fund will help support the delivery of health, education and community services to individuals in Allegany County, MD.

You will be donating to the TED A. WOLFE COMMUNITY FUND.

Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation using a different method, please contact our office at 301-876-9172.




Youth Aviation Fund

The Youth Aviation Fund supports and promotes the participation of children and youth in aviation related activities, including education and training, career exploration and recreation.

You will be donating to the YOUTH AVIATION FUND.

Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation using a different method, please contact our office at 301-876-9172.




Youth Leadership Fund

You will be donating to the EDUCATION & LIFELONG LEARNING FUND.

Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation using a different method, please contact our office at 301-876-9172.




Keyser High School Guidance Counselor's Memorial Scholarship Fund

You will be donating to the Keyser High School Guidance Counselor’s Memorial Scholarship Fund.

Thank you! You will be redirected to PayPal to complete your donation. If you would prefer to make a donation using a different method, please contact our office at 301-876-9172.




Building Stronger, More Vibrant Communities

Need More Info?

What is the Community Trust Foundation?

Established in 2006, the Community Trust Foundation, Inc. (CTF), is a 501(c)(3) charitable organization serving Allegany, Garrett and Mineral Counties.  The mission of CTF is to strengthen the region by working in partnership with donors and community groups.  We are not the cause; we are the causeway to growing better, stronger, more vital communities.  We provide administrative services and stewardship to help communities in our region maximize charitable giving and investing.

How does a community foundation differ from other non-profit organizations?

Most non-profit organizations serve a very specific mission.  Conversely, community foundations have a broad vision – to improve the quality of life in a given region.
As a philanthropic leader, the vision of CTF is to grow better, stronger and more vital communities for the region we serve.

We understand the needs of our community and make it easy for our local citizens to establish funds that will serve organizations and programs important to them.
The breadth of our mission provides many unique opportunities for donors to make a difference in the community in which they live –  for good, for ever.

How is the Community Trust Foundation funded?

We cover our administrative expenses by charging a small annual fee to each fund.  Our major source for funds comes from local citizens of varying means, who donate their assets to help improve the quality of life in their region.  Many contribute cash, securities, insurance and real property as outright gifts or they give through their personal will or by using planned giving, such as a charitable remainder trust.

What types of Charitable Funds are available?

Donor Advised Fund- we help you create a fund for your specific charitable intent and you reserve the right to recommend grants.  Although federal tax law requires the Foundation to make the ultimate decisions, we will always try to follow your wishes.

Field-of-Interest – we help you create a fund in which you specify your general area of community needs.  Then, CTF awards the grants to address your area of concern such as the arts, education, health-care, youth, animal welfare, environment and historical preservation.
 
Restricted Fund-you designate one or more existing charities to be supported and we will issue grants to those respective charities, subject to our board’s variance power, which ensures that the fund remains relevant over time.
 
Unrestricted funds –we help you establish a fund and CTF awards grants in response to community needs, forever.

Scholarship Fund –you specify the criteria for the scholarship and may participate on the scholarship selection committee.
 
Seedling Fund- you may start a seedling fund with $5,000 with the intention to increase the fund to a $10,000 minimum within two years of creating the fund.

Smaller donations are always appreciated and can be used to supplement any existing fund. 

What types of donations does CTF accept?

Cash gifts are the swiftest and easiest form of contribution.

Appreciated securities may frequently be more advantageous than making a direct cash gift.  Contributing appreciated stock or mutual fund shares allows the donor to avoid capital gains tax on the appreciation and usually allows the donor to deduct the full fair market value of the stock for income tax purposes.  For life income gifts, giving appreciated stock means the donor may give an asset with little or no yield in exchange for annual income.  Closely held stock may also be given to the Foundation.

Real estate gifts provide tax savings similar to gifts of appreciated securities.  Donors may also benefit by making a gift of a future interest in real estate while retaining a life interest in the property.  Real estate gifts must be readily marketable and free of environmental concerns.

Life insurance policy ownership may be assigned to the Foundation.  By naming it as an irrevocable beneficiary gives the donor an immediate tax deduction for the present cash value of the policy, while at the same time making a considerable contribution.  If the donor continues paying the annual premiums, these too, may be tax-deductible.

Planned gifts are welcomed.  A Charitable Remainder Trust gives a lifetime income to the donor while also providing a future gift of the trust to the Foundation.  In addition to cash, securities and real estate, personal property (i.e., artwork, vehicles, or collectibles) that could be sold to produce income, may also be used to make a gift or establish a planned gift, such as a charitable remainder or charitable lead trust.

A bequest to the Foundation through a will is not subject to estate taxes.  Adding a codicil to your will naming the Foundation, describing your gift and designating how you want the Foundation to use the gift, will create a permanent legacy for your community in your family name.   Some donors also have substantial retirement plan assets, (401 (k), IRA, or Keogh plans) in their estates.  From a tax standpoint, these assets are often the most advantageous to donate via a bequest or charitable trust as they may be heavily taxed as part of the estate and as income to beneficiaries.  The Foundation can be named as the plan beneficiary to avoid these taxes.  When making any type of planned gift, be certain to consult your financial advisor to structure your will and review your retirement plan accounts to insure the best use these assets.

A Private foundation may be transferred into the Community Trust Foundation, keeping your foundation’s name and board intact by creating a donor-advised fund.  By transferring all or part of the assets of the private foundation to the component fund of the Foundation, you avoid the considerable paperwork, administrative duties, restrictions and taxes imposed upon private foundations.  Establishing your fund as a donor-advised fund allows you to keep an advisory role in grant making from the fund.

What are the benefits of establishing a fund through the Community Trust Foundation?

  • We provide an easy, efficient, and effective process to help you establish a professionally managed fund that serves your community interests.
  • We partner with you to create a fund to achieve your charitable vision.
  • We save you the time, administrative expense and legal costs of starting a private foundation.
  • We offer tax-saving and estate planning strategies.
  • We spare you federal and state record keeping and filing.
  • We invest your fund with professional financial managers.
  • We provide on-going guidance and help to achieve your charitable goals.
  • We keep you informed about current community needs.

How do I set up a fund?

  • Starting your own charitable fund is easy.  First, you determine the type of fund that best suits your charitable vision.  Then, we provide the administrative support and financial management services for your philanthropic fund.
  • With gifts of $10,000 or more, we can help you create a new fund. You define your charitable intention, name your fund and establish the criteria for awarding grants.
  • With gifts of less than $10,000, you may contribute to an existing fund or join with others to create a new fund to support a community need.

What is the difference between an Endowed and a Non-Endowed fund?

You may choose whether your fund will be Endowed or Non-Endowed.

In an Endowed fund, your contributions are invested with the intent to protect your original donation over time and to use only a portion of your investment earnings to support your charitable purpose.

In a Non-Endowed fund, your contributions are invested and both a portion of your contribution and the investment earnings support your charitable purpose.

How much does it cost to start up a fund?

There is no cost for starting a fund.  Our annual fee structure depends upon the type of fund.  There is a $250 minimum charge annually and the administrative fee depends upon the type and size of the fund, ranging between .50% – 1.50%.  For more information, please contact our office.

Who manages the CTF funds?

The Community Trust Foundation funds are managed by professional investment managers who adhere to an investment policy established and approved by the Board of Trustees.  The CTF Audit & Investment Committee requires that all investment managers submit a written report of investment performance every calendar quarter.  Together, with input from the Board, the portfolio holdings are reviewed semiannually.