With a variety of fund types, we will find an option that works best for your charitable goals.
Types of Funds
Unrestricted funds provide the Community Foundation with the resources and flexibility needed to address the ever-changing needs facing our region. Donors interested in setting up an Unrestricted Fund know that their gifts will be thoughtfully and strategically used to respond to community needs, now and in the future.
Field of Interest Fund
Field of interest funds allow donors to establish a fund that addresses an area of interest to the donor-such as the arts, environment or human services-while relying on the expertise of the Community Foundation to determine the most effective use of the fund.
Donor Advised Fund
Donor advised funds allow donors to retain the right to make grant recommendations for consideration by our Board of Trustees. These funds best serve those who wish to actively participate in the grantmaking process.
Designated funds provide donors the option of choosing specific, named charitable organizations to receive grants. This assures ongoing and permanent support to charities during the donor's lifetime.
Organizational Endowment Fund
Organizational endowment funds can be created by or on behalf of a nonprofit organization to gain more visibility for the organization and its endowment. Placing an endowment with the Community Foundation also relieves the organization of internal accounting and external reporting, increases opportunities for maximizing investment returns, ensures long-term growth, and creates a repository for additional gifts.
Scholarship funds provide students with funds to pursue an education they might not otherwise receive. These funds allow donors the ability to support students who are entering into a specific field or are from a particular area or high school.