WE WANT YOUR PHILANTHROPY TO GO AS FAR AS POSSIBLE
Since 1996, hundreds of individuals, families, businesses and other organizations have used our expertise to make living here even better for all of our neighbors. We’ll work closely with you to choose the type of fund that best fits your charitable goals, and our staff will ensure that your gift is making the greatest impact. There are four types of funds you can open:
DONOR ADVISED FUND (DAF)
This is the most hands-on approach, allowing you to be actively involved in giving. You will get a tax-deduction when you establish and add to your DAF, and then you can make distributions to the charitable organizations you want to support at your own pace, with support from our professional staff. Donor advised giving is typically less costly and easier to administer than other forms of philanthropic giving, such as private foundations. More than 90 Donor Advised Funds are currently active at the Community Foundation.
You can establish a non-endowed Donor Advised Fund with a gift of $5000. Endowed Donor Advised Funds require a $10,000 gift. Click here to see a sample of the Donor Advised Fund Worksheet and Fund Agreement. Connect with our team to learn more.
Establishing a scholarship fund tells students that their community is invested in their potential, their future and their success, helping to remove barriers that stand between deserving young people and the education they need to succeed.
You can set up an endowed scholarship fund with a minimum gift of $25,000. Non-endowed scholarships require a minimum gift of $5000. Click here to see a list of current scholarship funds. To learn more about establishing a scholarship fund, please contact our staff .
FIELD OF INTEREST FUND
As the name implies, this type of fund allows you to target a favorite cause or issue without having to name a specific charity. You decide the purpose, such as meeting the needs of children, helping the arts to flourish, or protecting the environment, and the Community Foundation identifies projects and organizations that will most effectively accomplish your interests over time.
With a designated fund you can provide ongoing support to one or more charitable organizations that are close to your heart.
Investment Approach & Fees
“It was great to be part of a real team effort in a time of need in our community. We are so pleased that the donation was able to positively impact so many people. It could not have happened without the foundation. We look forward to many years of assisting those in need in our community!”
– Anonymous Donor Advised Fundholder