TYPES OF
FUNDS
Community Foundation of White County
Your fund will be designed to reflect your charitable goals
UNRESTRICTED FUNDS
Unrestricted gifts to the Foundation provide resources for our Governing Council to address ever-changing community needs and creative charitable opportunities. You may create a new fund or add to an existing fund.
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FIELD OF INTEREST FUNDS
What is your charitable passion? Literacy? The arts? Youth? Education? Historical preservation? You pick an area or areas of interest, and the Council will award grants from your fund to agencies and programs in those fields.
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DESIGNATED FUNDS
As its name implies, these funds support a specific nonprofit agency – for example, your church, the senior center, an educational institution or library, the food pantry, etc. Annually, CFWC disburses a grant from your fund to your designated organization(s).
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DONOR ADVISED FUNDS
With this type of fund, you may serve as an ‘advisor’ to the fund, offering recommendations for grants to address charitable needs and issues you care about. Your recommendations are submitted to the Governing Council for final approval, and CFWC issues grants to your to your recommended organization(s).
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SCHOLARSHIP FUNDS
You may create a named scholarship through the Foundation as a way to assist students and honor family, friends or someone who has made a difference in your community. You may work with the Foundation to create criteria for the educational scholarship.
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AGENCY FUNDS
These funds are created by nonprofit agencies to provide an annual source of revenue for the agency.
Whatever you do, do with all your heart.