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