Why offer a Restricted Endowment Fund and a Donor Fund?
They serve two very different purposes. A Donor Fund is ideal for the donor who wants to be more involved in their charitable giving, but is looking for assistance in screening eligible and worthy charities. It is also a great tool for families looking to create inter- generational involvement in the family’s philanthropic activities, without the complexities of a private foundation. A Restricted Fund will appeal to donors looking for a more defined, structured and simplified charitable giving process. From the donor’s perspective, it allows detailed direction of their donation not subject to Board approval. And, after creation and funding there is little more involvement needed from the donor.
