Types of Funds
Designated Funds provide long-term support for a specific organization you care deeply about. However, if the organization ceases to exist, the Foundation Board of Directors will preserve your original intent by redirecting the fund to an agency with a similar mission.
Designated Funds are best suited for donors who:
- Are passionate about a particular charitable organization
- Believe third-party oversight is necessary to ensure their gift is used as directed
- Want to make an endowed gift to a new, small or struggling charitable organization that does not have extensive investment management experience
Designated Funds
Designated Funds provide long-term support for a specific organization you care deeply about. However, if the organization ceases to exist, the Foundation Board of Directors will preserve your original intent by redirecting the fund to an agency with a similar mission.
Designated Funds are best suited for donors who:
- Are passionate about a particular charitable organization
- Believe third-party oversight is necessary to ensure their gift is used as directed
- Want to make an endowed gift to a new, small or struggling charitable organization that does not have extensive investment management experience