Understanding the Types of Funds We Offer
Helping Your Clients Create a Lasting Legacy
Through the Community Foundation, your clients can establish a charitable fund that aligns with their philanthropic goals while providing long-term impact. Whether they seek to give during their lifetime, leave a legacy, or explore tax-efficient giving strategies, we offer flexible solutions to make it simple.
As a public charity, the Foundation offers donors the maximum charitable tax deduction permitted by law. Many donors choose to add to their funds annually, recommend grants regularly, and even include their fund in their will, ensuring their charitable legacy continues for generations.
Funds at the Foundation can be created with a minimum gift of $5,000 ($10,000 for scholarships) using cash, stock, or other appreciated assets. For those looking to build a fund over time, our Acorn Fund allows gradual growth until it reaches the required minimum.
Charitable Fund Options
Donor-Advised Fund – A flexible option for clients who want to stay involved in their giving. They can contribute at their own pace, receive immediate tax benefits, and recommend grants to nonprofits locally or nationally.
Designated Fund – Provides sustained support to one or more specific nonprofits, ensuring organizations receive ongoing funding in line with the donor’s wishes.
Scholarship Fund – Helps students achieve their academic goals, with donors setting criteria such as school, field of study, or financial need.
Unrestricted Fund – Allows donors to maximize their impact by supporting the community’s greatest needs, with the Foundation managing distributions to areas where they are most needed over time.
Field of Interest Fund – Enables donors to support a broad cause—such as education, healthcare, or the arts—while the Foundation stewards grants to high-impact programs within that focus area.
Corporate Fund – A simple, strategic way for businesses to manage charitable giving, engage employees, and support community initiatives in alignment with corporate values.
The Power of Endowment & Legacy Giving
Endowed funds ensure perpetual giving, growing over time while making annual grants. A single gift today can provide sustained support for generations to come.
Example: A fund established in 1973 with $15,000 has since granted over $70,000 while continuing to grow.
We have significant experience with legacy giving, including bequests, charitable remainder trusts, and charitable lead trusts. If your client is considering planned giving options, we can help structure a fund that aligns with their long-term vision.
Learn More About the Legacy Society Learn More About our Endowment Options
