Charitable Funds

An alternative to a private foundation, a Donor-Advised Fund operates like a combined charitable checking and savings account. You can make grants to your favorite causes now, while also growing your fund so you can give back for years to come. You can even appoint successor advisors to manage your fund after you're gone, if you wish.

Learn more about the benefits of a Donor-Advised Fund. Or, if you'll need time to build your fund up to the $5,000 minimum donation level, consider a Donor-Advised Starter Fund.

If you know the specific charities you want to support and don't want to make decisions on an ongoing basis, a Designated Fund may be right for you. You decide which charity or charities you would like to benefit, and we'll handle the distributions in perpetuity (Designated Funds are almost always endowed).

Learn more about our Designated Funds.

Agency Endowment Funds provide nonprofits with a predictable, stable source of income for their mission, while offering donors a permanent alternative to annual giving. Nonprofits can request distributions as needed or set up a recurring schedule of payments.

Learn more about our Agency Endowment Funds.

A Scholarship Fund allows you, your school, or your organization to create a brighter future for area students. You determine the selection guidelines and, as long as there is no conflict of interest, can even assist in recommending the selection committee and scholarship winners.

Learn more about our Scholarship Funds.

Please note: Scholarship Funds require an initial gift of $25,000 or more and are assessed a fee of approximately 2.68% for administration and investment management.

A Field-of-Interest Fund enables you to support a particular issue, such as education, dance or health care, while leaving the decision-making up to the community foundation's board of directors.

Learn more about our Field-of-Interest Funds.

Board Discretionary Funds put the full power of the community foundation to work for you. Each quarter, our board requests applications to meet the community's most pressing needs. Then we study, vet, and award grants to the nonprofits best equipped to tackle these important issues – all in your fund's name.

Learn more about our Board Discretionary Funds.