TYPES OF FUNDS

Donor-Advised Fund

Supports a donor’s current interests with direct participation by the donor in the granting process.

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Designated or Field of Interest Funds

Supports a specific organization or field of interest that may be of interest to a donor.

 

Build-A-Fund

Builds an endowment over time to a minimum level prior to distribution.

 

Discretionary Fund

Unrestricted and administered at the discretion of the Foundation’s Board of Directors to meet the

needs of the community.

 

Operational Endowment Fund

Supports the Foundation’s annual operating costs and ensures its future financial strength.