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What is an Affiliated Fund?

April 26, 2017affiliated fund

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What is an Affiliated Fund?

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An affiliated fund is a donor-designated fund which will be managed by the California Community Foundation in which a donor controls how contributions will be made. It provides flexibility for donors wishing to give appreciated assets such as stocks or real estate. The California Community Foundation produces literature on such funds, which will be provided on request. A Sierra Madre Affiliated Fund is one that promises to contribute 10% of all its contributions to the Sierra Madre Community Foundation Fund. Such donors will be permanently recognized as Founders of the Sierra Madre Community Foundation.