Starting a Fund
As a donor, a host of options are available to help
you realize your philanthropic goals -- and the future philanthropic
goals of your family. Your
fund can be as general or as specific as you like. Whether you want
to focus your contributions on a specific charity or would rather help
several different causes, The Community Foundation has a fund to meet your
needs. You can name your fund after yourself, your spouse, a family
member or company. It's even possible to give anonymously -- the
Foundation will simply act on your behalf.
Creating a fund is easy and our staff is available
to guide you through every step of the process. The size of your fund, whether large or
small, doesn't matter. Funds are combined and invested for the best
possible investment return. It is easy to create your own fund:
- First, decide how you would like to make the contribution to establish
the fund. You can contribute cash, securities, or other property. See Ways
- Select a name for your fund. You might want
to use your own name, the name of a family member or one you invent.
- Determine the type of fund you wish to establish (Click
here to see descriptions of each fund type):
- Donor Advised
- Field of Interest
- Memorials/In Honor of
- Receive a tax deduction at the time the fund
is established and when additional contributions are made to the fund.
Once your fund is established, you may:
- Add to the fund at any time in any dollar amount.
- Once your fund has been approved for distributions, funds can be awarded
to charities, locally or throughout the United States.
- Specify how grant disbursements are to be acknowledged – whether
in the name of the fund or anonymously.