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Types of Named Funds
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Click Here to see a list of gifts by fund for 2008-2009. |
Most named funds may be
established with a minimum
gift of $5,000 pledged over five years.
Unrestricted (Community Endowment)
You rely on the Foundation’s Distribution
Committee
to award grants to a variety of local nonprofit organizations through
an annual competitive process.
Donor-Advised
You choose which charities you wish to support through a recommendation
to the Board of Trustees. In most cases, a donor-advised fund
can be a simpler, less taxing alternative to a private foundation.
Field-of-Interest
You select a broad area of interest, such as education, arts, or civic
affairs to receive grants.
Designated
You choose a specific organization or organizations to receive annual
distributions from the fund.
Agency
Endowment Funds
Nonprofit
organizations establishing endowments with the Foundation will benefit
from expertise in gift acceptance, investment management and planned
giving.
Private
Foundations
May be
used to create any type of fund. Purposes of the resulting component
fund must be consistent with the Foundation's mission, policies and
legal obligations. | 
