When you create a Designated Fund, you can support the causes you believe in for generations to come. Designated Funds allow you to create a fund or donate a gift to benefit specific nonprofit organizations in perpetuity, to be spent down over a specified number of years, or as a one-time pass through. It’s a great way to establish a family legacy of charitable giving. To establish a Designated Fund, a minimum gift of $5,000 is required.

Designated Funds may be held in either of the below structures:

Spend Down

With a Spend Down Fund, gift principal and investment income earned is fully available for granting. An annualized administrative fee is assessed. The minimum grant request is $100.

Endowment

Endowment Funds allow you to provide stable, perennial financial support to the organizations, needs and causes most important to you. Endowments operate much like a private foundation, yielding a set percentage for granting each year, but without the need for you to manage the legal reporting requirements or staffing needs. You may recommend current and future grant recipients or enrich the lives of your children by passing your giving legacy to them. Investment income accrues to the fund, and an administrative fee based on a percentage of assets supports The Foundation’s operations.

Fund assets in excess of $1 million may recommend an alternative investment advisor or manager for their funds.

Donor Services

Designated Funds donors enjoy a wide variety of professional strategies and services that make charitable giving easy and flexible.
See our donor services and benefits.

Download a Fund Application