Types of Funds

Donor Advised Funds

Like a Charitable Checking Account
A Donor-Advised Fund is a personal approach to giving. It allows an individual, family, or business to retain a say in the charitable distributions from their gift, and is an excellent means for organizing and tracking all of one’s charitable giving.

Designated Funds

No Fuss Annual Giving for Designated Charities
Establishing a Designated Fund allows you to support the good work of a specific nonprofit organization. Because it is given through your community foundation, your gift provides the organization you select not only funding, but planned giving and investment management services and the power of endowment.

Field Of Interest Funds

Specific to a Cause, yet Flexible in Recipients
Field of Interest Funds allow a donor to specify a “field” such as education, yout activities, the arts, human services, or the environment to receive the earnings from the fund. The field of interest may also be geographic, for the benefit of a specific community in our service area.

Unrestricted Funds

Improving our Communities through Competitive Grants
Unrestricted Funds are not specifically designated for use by a particular agency, cause or area of interest. Our Board of Directors oversees the use of these funds. The Foundation is constantly assessing programs and initiatives for community improvement. Unrestricted funds allow the board to recommend grants to best address current community needs.

Scholarship Funds

Scholarship Funds may be tailored to a particular geographic, academic or other criterion to award grants to benefit students at any education level, or for a specific institution.

Charitable Gift Trusts

Benefits both Charity and Donor
Charitable trusts are a legal arrangement placing real or personal property in trust for the benefit of a charity. A charitable trust can produce substantial tax benefits for an individual and his or her estate. 

Provisional Funds For Specific Projects

Provisional Funds are temporary funds established at the community foundation to raise funds for a specific need or project in the area.

Agency Funds

Investing and Managing Funds for Non-Profits
Agency Funds protect capital for the future of the benefiting organization and provide rewards of broader investment management. Individuals and corporations are invited to establish or add to these endowments.