Types of Funds
Designated Funds
Established to benefit specific charitable organizations that are named by the donor.
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Remembrance/
Memorial
Discretionary in nature and allows individuals to be remembered or honored, and at the same time helps the community.
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Unrestricted Funds
Offer the broadest giving option, allowing grants to be made to wherever the Foundation board of directors determines needs it most.
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Field of Interest
Creates grants that meet needs in a particular field or geographic area that is of interest to the donor.
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Discretionary Scholarship
Provide educational scholarships with no advice or recommendations from the donor or persons designated by the donor.
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Donor Advised
Provide donors with maximum convenience and flexibility. Donors can recommend distrubutions to specific eligible charities.
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Advised Scholarship
Provide scholarships to individuals where the donor or persons designated by the donor are to be involved in the selection process of Scholarship Recipients.
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Advised Agency
Established at the request of a charitable organization (the agency) to provide support for the agency's exempt purposes as advised.
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