The first step in gift planning is to select the type of fund that best meets your needs in order for you to achieve the maximum impact with your gift. Then choose a percentage of your fund to be distributed annually based on your giving priorities. You may name the fund whatever you wish. It can carry your family name as a permanent memorial or it can be anonymous. For more information about how these funds are used to make grants, please refer to the Community Foundation donor handbook.
Community Grantmaking Funds
These funds support local programs, grants and initiatives with the greatest impact across the region.
When you create a community grantmaking fund, you enable the Community Foundation to respond to requests from nonprofit organizations, or address emerging needs and changing community priorities. The Community Foundation directs grants from these funds to tackle projects that will have the greatest impact, now and in the future.
» View a list of the Community Grantmaking funds at the Community Foundation
Field of Interest Funds
These funds support organizations in a general area of charitable interest.
A field of interest fund supports organizations in a general area of charitable interest. They include funds that support health, social services, the arts, environment, education or a geographical area. These funds give the foundation grantmaking discretion within the specified area of interest.
» View a list of the Field of Interest funds at the Community Foundation
Grants from these funds are designated for specific projects or organizations.
One or more nonprofit organizations or public agencies identified by you can benefit through a designated fund. Your designation will be honored through the years. Creating a designated fund allows you to continue your annual gift to an organization after your lifetime. In the event that an organization ceases to exist or to deliver the services you wish to support, Community Foundation will apply the funds to purposes which closely parallel those you originally intended.
» View a list of the Designated funds at the Community Foundation
These funds allow donors to make grant recommendations to the Foundation.
You may continue to be actively involved in the distribution of your gifts by establishing a donor-advised fund. When you establish a donor advised fund with the Community Foundation, you reserve the right to make grant recommendations to support charitable organizations and activities that interest you. The donor advised fund is especially useful if you want to take a charitable deduction one year and make distributions over several years, or if you wish to involve family members in your ongoing charitable giving.
» View a list of the Advised funds at the Community Foundation
These funds enable local 501c3 nonprofit organizations partner with the Community Foundation and benefit from our investment expertise by maintaining a fund with us
Establishing an endowment fund at the Community Foundation helps nonprofit organizations stabilize and secure the future of their services. A nonprofit’s endowment provides financial benefits for the organization, such as support of the services they deliver, subsidy of its annual operations and long term stability.
» View a list of the Nonprofit funds at the Community Foundation