Unrestricted Funds
These funds may be expended at the discretion of the Foundation's Board of Directors to meet whatever charitable needs and opportunities deserve community priority. To accomplish this, unrestricted gifts may be designated as follows:
Designated Funds
These funds maintain assets that benefit and help ensure the continuity of a charitable organization. Designated funds distribute investment income to the organization on an annual basis.
Donor-Advised Funds
These funds are established by individuals, families, civic groups and businesses to make grants to the charities of their choice. Grants are distributed from fund income, principal or a combination of both.
Field of Interest Funds
By establishing a Field of Interest Fund, you can target your gift to address needs in an important area of community life- Arts, AIDS, Aging, At-risk youth. You identify your personal interest area when making your gift; our board awards grants to community organizations and programs that are making a difference in the area you select. Your gift stays flexible enough to meet community needs in your interest area - even as they change over time.
Scholarship Funds
In creating a scholarship, you invest in your community's future and show students you care. Your community foundation provides the expertise to help you meet your personal goals and awards scholarships to deserving students. Your gift can help students - from preschool to postgraduate - achieve their lifetime dreams.