Our Funds
Every gift, regardless of size makes a lasting difference to a cause that matters to you. There are more than 300 funds from which you may choose to make a permanent gift, or if so inclined, you may create a new endowment fund that reflects your charitable priorities.
Agriculture
Animal
Arts, Culture, & Humanities
Community Enrichment
Community Vitality
Education
Faith Based
Family Strengthening & Youth Development
Health
Human Services
Multiple Impact
Preservation
Scholarships
Types of Funds
Community Development Funds
allow the Foundation the discretion to make grants that meet needs and opportunities as they evolve and change over time.
• Minimum Initial Gift: $3,000
• Annual Philanthropic Administration Fee: 2%
• Fund Balance Required for Grantmaking: $15,000
• Time Horizon to Achieve Minimum Fund Balance: Five years or legacy gift commitment of equal or greater value
Field of Interest Funds
are established to support charitable areas of interest or causes rather than specific organizations.
• Minimum Initial Gift: $3,000
• Annual Philanthropic Administration Fee: 1%
• Fund Balance Required for Grantmaking: $15,000
• Time Horizon to Achieve Minimum Fund Balance: Five years or legacy gift commitment of equal or greater value
Designated Funds
let the donor support specific organizations while we make sure that grants to these charitable organizations and institutions remain relevant over time and responsive to changing circumstances.
• Minimum Initial Gift: $3,000
• Annual Philanthropic Administration Fee: 1%
• Fund Balance Required for Grantmaking: $15,000
• Time Horizon to Achieve Minimum Fund Balance: Five years or legacy gift commitment of equal or greater value
Donor Advised Funds
allow the donor to advise the Foundation on grant recommendations to nonprofit organizations. Upon the termination of the advisory relationship, assets of the fund will establish an endowed community development fund in the fund founder name(s).
• Minimum Initial Gift: $10,000
• Annual Philanthropic Administration Fee: 2%
• Fund Balance Required for Grantmaking: $50,000 per generation up to two generations of advisors
• Time Horizon to Achieve Minimum Fund Balance: Five years or legacy gift commitment of equal or greater value
Non-Profit Operating Funds
are established by nonprofit organizations to provide a perpetual stream of unrestricted operating income.
• Minimum Initial Gift: $3,000
• Annual Philanthropic Administration Fee: 1%
• Fund Balance Required for Grantmaking: $15,000
• Time Horizon to Achieve Minimum Fund Balance: Five Years
Scholarship Funds
enable students to pursue academic goals. The donor may define guidelines for candidacy, the advisory committee, the school, and the award itself.
• Minimum Initial Gift: $10,000
• Annual Philanthropic Administration Fee: 2%
• Fund Balance Required for Grantmaking: $50,000 per student or per year
• Time Horizon to Achieve Minimum Fund Balance: Five years or legacy gift commitment of equal or greater value. Any spendable gifts contributed to offset desired pay-out must be done so with a gift to the endowment of the same value.
John Hancock Legacy Society Funds
allow donors to inform the Community Foundation of a future gift through a planned giving instrument. When possible, donor intent will be documented in the form of a fund agreement.
• Minimum Initial Gift: $3,000
• Annual Philanthropic Administration Fee: None until maturity, then based on fund type
• Fund Balance Required for Grantmaking: Based on fund type
• Time Horizon to Achieve Minimum Fund Balance: Upon death of donor(s).
