Types of Funds

Designated Funds let donors support a specific organization or organizations. The donors name the charitable recipients. The Foundation administers gifts to the charities annually. In addition, the Foundation makes sure the charity remains eligible to receive gifts over time. When circumstances change and an organization no longer exists, the Foundation ensures the annual grants are redirected to an appropriate organization keeping in mind the donor’s original intent.

Donor Advised Funds allow the donor, the donor’s spouse, and/or donor’s specified family members to suggest grant recipients from their fund without the administrative responsibilities of a private foundation.

Field of Interest Funds allow a donor to specify a “field”, such as education, the arts, human services, the environment, or a particular community to receive the earnings from the fund.

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.

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.

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, setting priorities for their use and determining how grants will be distributed to support the charitable needs of our community.

View Contributing to a Fund for a complete list of donation options.