Designated Funds - How it Works

• You identify an organization that you wish to benefit.

• You make a gift to your community foundation — you can give cash, appreciated stocks,

real estate, or other assets.

• We set up a special fund in your name or in the name of the non-profit organization you

choose.

• You receive tax benefits in the year your gift is made.

• Our board issues grants to the designated non-profit organization.

• We handle all the administrative details, including managing specific qualifications that

you may establish for distributing grants.

• You receive updates on the impact your fund is making.

• Your gift can be placed into an endowment that is invested over time. Earnings from your

fund are used to make grants addressing community needs. Your gift — and all future

earnings from your gift — is a permanent source of community capital, helping to do

good work forever.