Types of Funds
Community Impact Fund (Undesignated Fund)
Community Impact Funds offer the broadest giving option, allowing grants to be made to wherever our board and professional staff determines our community’s needs are the greatest. Grants from this Fund type support a variety of grant programs at the Foundation including the Community Needs Grants program. Helping today. Shaping tomorrow.
Field of Interest Funds
Field of Interest Funds support a particular field or geographic area that is of interest to you.
Donor Advised Funds
Donor Advised Funds enable you, the donor, to make grant recommendations to eligible organizations.
Scholarship Funds provide scholarship awards to students for continuing education. You may define guidelines for candidacy, the advisory committee, the school and the field of study.
Designated Funds provide support to specific and eligible organizations in the community. The Foundation makes sure that grants to these groups remain relevant over time and are responsive to changing circumstances.
Pass Through Funds
Pass Through Funds provide support to projects with the principal of the Fund eventually used up for the intended purpose.
Agency Funds (Organizational Endowment Funds)
Agency Funds are created by nonprofit and public organizations to provide stable income to support their work. The Foundation handles all administrative and investment responsibilities, freeing the organization to pursue its charitable mission.
For questions or additional information on Fund types, please contact Executive Director Dan Templin at 815-748-5383 or firstname.lastname@example.org.