Types of Funds
With GiveWell Community Foundation, you get great giving options. Choose the one that’s right for you.
Creating your own fund within the GiveWell Community Foundation is probably easier than you think. The Community Foundation’s professional staff can create a personalized fund agreement based on your financial needs and charitable goals and to structure your fund in a way that meets your intent.
Donor-advised funds permit donors to participate in the funding process by suggesting grants to nonprofit organizations. This type of fund provides convenience and flexibility by allowing donors to support various charitable organizations over time through one initial donation. For some, this is an attractive alternative to a private foundation.
Field of Interest Funds
This fund allows donors to support broad areas of interest, such as education, the arts, the environment, or youth services. Through competitive grants to organizations working in the fund’s defined area of interest, donors can make an impact in a lasting, meaningful way.
This fund supports one or more nonprofit organizations the donor selects. Donors may establish a designated fund, ensuring continuous gifts to their favorite charitable organization and perpetuating their charitable goals. A fund can be designated right away or become designated after the fund advisor is no longer able or willing to make recommendations.
Sets up a fund to forever honor a family member or friend. The fund may be designated to a field of interest(s) or specific charitable organization(s) which would have pleased that person.
Allows donors to meet community needs in perpetuity.
Nonprofit Agency Funds
This fund is created by a nonprofit to protect charitable dollars for the future of their work and mission. Through this type of fund, nonprofits build endowments guaranteed to receive prudent stewardship, while providing a lasting source of income.
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Our philanthropic experts are here to work with you to develop your personal, strategic charitable giving plan. Contact us today for a confidential consultation about a giving program to fit your needs.