Charitable funds -- establish a fund in your name
Any of these funds can be established in your name, or in the name of your family, your organization or anyone you wish to honor. All grants distributed from the fund you establish – today and in the future – are then awarded to charities in the name of that fund. It’s a great way to always be involved with, and remembered for, your community investment.
The following are great giving options. Choose the one that's right for you!
• Donor-advised funds. You can have ongoing involvement in the use of your gift. You work with our professional program staff, identifying ways to use dollars from the donor-advised fund you establish to address the issues and needs you care about most. Your recommendations are submitted to our local board for approval; we then distribute grant dollars.
• Unrestricted funds. Your gift can address ever-changing community needs – including future needs that often cannot be anticipated at the time your gift is made. We evaluate all aspects of community well-being – arts and culture, economic development, education, environment, health and human services, neighborhood revitalization and more. The flexibility of your unrestricted gift enables The Community Foundation’s program experts to respond to the community’s most pressing needs, today and tomorrow.
• Field of interest funds. You can target your gift to address needs in an important area of community life. Arts, AIDS, Aging, At-risk Youth. You identify your personal interest area when making your gift; our board awards grants to community organizations and programs that are making a difference in the area you select.
• Scholarships. You can invest your gift in our community’s future and show students you care, all with the guidance and personal services of The Community Foundation. You determine the criteria students must meet to receive the scholarship you establish. With your assistance, students achieve their academic and career-oriented goals – from preschool to postgraduate work.
• Designated funds. You can direct y our gift to a specific nonprofit organization or purpose. Help provide ongoing funding for a senior center, museum or virtually any nonprofit charitable organization. Nonprofit organizations can use a designated fund through the community foundation to build their endowment and enhance their ability to accept large and complex gifts.
• Supporting organizations. You can use your girt to establish an excellent alternative to a private foundation – with only a fraction of the administrative responsibilities. You select some of the board members, maintain personal involvement and support the causes and organizations you care about while enjoying the favorable tax treatment of a public charity. Leave investment management, start-up costs, grant administration and reporting to The Community Foundation.