FUNDS – Types of Funds
Agency Endowment Funds
Assets are transferred from agencies to be managed by the Foundation.
Specific charitable recipient institutions are designated by the donor. Grants are made according to the donor’s wishes as long as the designated institutions remain and fulfill their intended purposes.
Donors or designees retain the right to serve as advisors, submitting grant recommendations for the consideration of the Foundation.
Field of Interest Funds
Donors have the opportunity to assure their gifts are used to meet the charitable needs in a specific area of interest. Board of Trustees select recipients.
Donors help determine criteria for recipients.
Used at the discretion of the Board of Trustees to respond to any of the Foundation’s broad charitable purposes.