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Fund Descriptions
Donor Advised
These are endowment or non-endowment funds in which the donor
retains the right to "advise" or "recommend" to the
Board of Governors specific grant distributions to qualified non-profit
organizations.
Agency
These are endowment or non-endowment funds established by a nonprofit
organization to support its operations.
Community Endowment
These are endowment funds wherein distributable earnings are granted for
charitable purposes at the discretion of the Board of Governors.
Designated
These are endowment funds wherein distributable earnings are designated
to a specific nonprofit organization(s).
Field of Interest
These are endowment funds wherein distributable earnings are granted
in specified areas of philanthropic interest (i.e. health & human
services, medical or scientific research, education, arts & culture).
Scholarship
These are endowment or non-endowment funds used to provide scholarships.
The donor may retain the right to advise, create an external committee
or utilize The Foundation's Scholarship Selection Committee.
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