Creating a Fund
Decide When to Give
You can create your fund now, establish it in your will, or create it through a trust arrangement that benefits your family as well as charity. Tax deductions are earned at the time of your gift, while grants awarded from your fund will continue into the future.
Decide What to Give
Almost any kind of asset can be used to start your fund, such as cash, publicly traded securities, closely held stock, interests in limited partnerships, real estate, life insurance, tangible personal property and private foundation assets. We can also discuss other options with you.
Choose the Name for Your Fund
Most of our funds are named for the donor or the donor’s family or as a memorial to someone special. Every grant from the fund will carry this name. If you prefer anonymity, you may choose a name that reflects your fund’s charitable purposes.
Choose a Type of Fund
We offer a variety of funds that are flexible to meet our donors’ different charitable interests: Unrestricted Funds offer the broadest giving option, allowing grants to be made wherever our professional staff determines our community’s needs are the greatest.