Donor Advised Funds - A personal approach to giving.

To establish a Donor Advised Fund, you make a gift to The Community Foundation, but remain actively involved in suggesting uses for your gift. You can work with the Foundation's professional staff to suggest ongoing uses for the fund - targeting the issues and organizations you care about most. Grant awards are issued to charities in the name of your fund (or anonymously if you prefer). Minimum gift: $10,000.

• Allows you to support multiple charities of your choice through one donation
• Gives you the satisfaction, flexibility and hands on experience of a private foundation without the administrative burdens

Field of Interest Funds - Connecting personal values to high-impact opportunities.

A Field of Interest Fund allows you to target your gift to address needs in an important area of community life. Whether it is the arts, aging, at-risk youth, education, the environment - whatever your interest - you identify the area but give the Foundation staff and Board discretion to select specific recipients of grants from your fund. Thus your gift is targeted to areas that interest you but flexible enough to meet changing community needs. Minimum gift: $10,000.

• Focus a sizeable contribution on a specific area that is important to you, such as support for education, animals, or the elderly.
• Leave your legacy on that aspect of the community by leaving strategic grantmaking decisions to the community leaders of tomorrow.

Scholarships & Awards - Investing in deserving individuals.

In creating a Scholarship or Award Fund, you provide resources to help current and future students, from pre-school to post-graduate, or employees or other valued individuals. The Foundation staff helps you develop the criteria that will govern the awards and can play a variety of roles in reviewing and evaluating applications. Minimum gift: $10,000.

• Help students meet the expense of continuing their education
• Set up guidelines for scholarship recipients including academic, merit, leadership, financial need community involvement or potential talent.

Designated Funds - Helping local organizations sustain and grow.

Establishing a Designated Fund allows you to support the good work of a specific nonprofit organization - a senior center, museum or virtually any nonprofit charitable organization. Through The Community Foundation, your gift provides the designated organization not only funding, but planned giving and investment management and the power of endowment. Minimum gift: $10,000.

• Support for the future for the organizations that you care most about
• Make certain that if an organization ceases to exist, the fund will not be spent - it will instead continue to carry out your intentions

Agency Endowments - Building for the future.

A nonprofit organization can establish an Agency Endowment at The Community Foundation. It's a simple and efficient way to build an endowment - and helps create sustainability - for the organization. The Foundation's staff also can help the organization develop planned giving programs and assist with investment management. Minimum gift: $10,000.

• Provide annual income for the organization you care most about
• Protect an organizations endowed monies to provide its future needs

Supporting Organizations - High impact, high involvement, low hassle.

A Supporting Organization is an excellent alternative to a private foundation - with only a fraction of the administrative responsibilities. You select some of the board members, maintain personal involvement, and support the causes you care about most while enjoying the favorable tax treatment of a public charity. Leave investment management, startup costs, grant administration, and reporting to The Community Foundation. For minimum gift requirements and additional information, consult the Foundation.

• You select up to 49 percent of your board of directors; the community foundation assigns the rest (so that you benefit from affiliation with a public charity).
• The CFGL issues grants to charities in the name of the Supporting Organization you establish

Memorial Fund - In lasting Memory, a Legacy.

A Memorial Fund is a Temporary Donor Advised Fund that is opened by family or friends after the death of a loved one. As opposed to a normal advised fund, a memorial fund is usually grown from the gifts of many friends and family members who would like to do something in memory of this special person. Once the fund reaches $5,000, it becomes a permanent endowment fund and will be a lasting legacy. Grants can be recommended by the fund advisors, a field of interest or designation can be made based on the interests of the person, or the foundation can make grants based on the changing needs of the community. No minimum is required.

• Offers a way for you to turn memorial gifts into a lasting legacy in your loved one's name
• The CFGL will work with you to identify an appropriate nonprofit to receive memorial fund contributions directly.

Temporary Donor Advised - Helping today, while thinking about tomorrow.

A Temporary Donor Advised Fund (or pass through fund) is a short-term fund designed to allow a donor to either "try out" the foundation OR create a short-term solution to the normal rush of year-end giving. As opposed to being invested like our other funds, your gift is placed in an interest-bearing account of which the income is used to pay the foundation fees -- therefore, every penny of your dollar goes to the nonprofit organizations you want to support. Take your time to decide where you want the money to go, and use any foundation services you need to research programs or organizations. You can even use our consulting services to plan a giving strategy that will make the most of your philanthropic dollars! When you are ready, just let us know where you would like the money to be granted (can be as many different organizations as you want) and we will send the gift in your name and even follow-up on program grants if you would like us to.

• Provides a means in which charitable contributions flow towards a specific program or fundraiser that benefits the community
• Meets project needs and funds are expended when the project is complete.