What types of payments are not eligible for grants from the fund?
The Foundation cannot honor the following recommendations from a donor advised fund: • Legally Binding Pledges: By law, the Foundation cannot honor legally binding pledges that you have made to an organization since this is considered a personal obligation. The Foundation can honor solicitation requests. • Tuition: No form of tuition, or the enrollment fees for extracurricular activities, can be paid from the fund. • Non-deductible Portion of Membership or Tickets: The Foundation can only distribute the charitable portion of memberships and tickets to events from your fund. We will gladly include your personal check for the non-deductible portion with our check and letter sent to the organization. • Grant Intended for the Benefit of One Named Individual: The Foundation cannot honor recommendations for grants that will benefit one named individual. Grants can be designated for funds being raised by a particular individual for an event.
