What types of funds does the Community Foundation offer?
Donor Advised Funds: This type of fund, either endowment or pass-through, allows the funding donor to remain actively involved with grantmaking. The donor recommends or advises potential grants (recipients and amounts) to the Board of the Community Foundation. The Board may consult with the donor about meeting needs it has identified. The Board of Directors makes all final granting decisions. A donor may contribute to their fund in a good year or for tax purposes, then recommend distributions over time. A Donor Advised Fund serves much the same function as a private foundation without the complexities and with some greater tax advantages. Unrestricted Endowment Funds: Ideal for forward-thinking individuals, organizations, and corporations who know the needs and strengths of the community may change. The Board of the Community Foundation decides which causes receive grants from Unrestricted Endowment earnings. Unrestricted gifts to the Foundation provide the most flexibility for the Boa
