Create Your Fund's IMPACT
Donor funds allow you to take a more active role in how your charitable gifts are
invested in the community. Donor funds can be established with gifts reaching $5,000
in five years.
Types of Funds
- Designated Funds
Designated funds provide grants to specific charitable institutions named by the donor. The distributions will be in perpetuity, as long as the named agency or charitable purpose remains in existence and continues to fulfill the intended purpose.
- Donor Advised Funds
Donor advised funds offer the donor the opportunity to be actively involved in the advisory capacity for distributions from this fund. As income becomes available for distributions, the donor-advisor recommends to the Foundation's Trustees grants that meet their charitable interests.
- Field of Interest
Field of interest support a broad area of interest such as education, the arts, services
or programs for youth or the elderly, environmental projects, health, recreational purposes,
or civic affairs. The Foundation will direct the distributions to the most appropriate
programs within the field(s) designated by the donors.
- Organization Endowment Funds
With increasing need for the services of nonprofit organizations and fewer sources of support, endowment building has become critically important. Organization endowment funds hold asset for individual charitable organizations and generally distribute investment income to the organization annually.
- Scholarship Funds
Starting a scholarship is a great way to help eager individuals reach their academic goals. Donors may customize a scholarship fund to provide educational opportunities for graduates, for specific fields of studies at particular institutions.
- Unrestricted Funds
Unrestricted funds are used to address some of our community's greatest needs. They are created by visionary philanthropist who, caring about the community beyond their own lifetimes, wishes to make an impact that transcends the barriers of time and change.
