Unrestricted / Discretionary – To meet changing needs and opportunities, donors place no restrictions on how these funds are to be used leaving those decisions to the Distribution Committee and Board of the Community Foundation.
Field of Interest Funds – Donors specify a purpose or geographic area for which the funds are to be spent and the Foundation makes grants to the most appropriate programs or organizations.
Designated – Donors create funds designated to provide support for a particular purpose or institution. Or, a nonprofit organization may wish to establish a permanent endowment to provide it with a stable source of income, now and forever.
Donor Advised – Donors create advised funds to achieve maximum convenience and flexibility by contributing at any time, and then make recommendations to specific charitable institutions and causes that communicate the family’s charitable values.
Scholarship – Donors create a fund to provide scholarships so that deserving students may pursue the education they desire.