AAACF administers 500+ funds for donors and the community. Within this, there are a several types of funds to achieve your client(s) goals from your charitable giving conversation. Each of these vary in the engagement that your clients want to have, and in the ways they want to make an impact. A simple fund agreement that can be executed within a day or so is all that's necessary for any fund to be established.
*Minimum in gifts required to grant are noted below.
These funds support AAACF’s work with community partners and nonprofits in identifying local needs, priorities, and opportunities for innovative solutions. The lower threshold for establishing a permanent named fund allows for broader representation of donors who are investing in our community’s vibrancy.
Donors to these funds designate a specific cause (e.g., early childhood) or a broad area of impact (e.g., arts & culture) they wish to support. AAACF then has the flexibility to award grants to local organizations and programs making a difference in that area.
An attractive alternative to private foundations or a commercial gift fund, an AAACF donor advised fund provides donors with the flexibility to recommend grants to their favorite nonprofits, locally and beyond. A secure online giving portal allows donors to direct their charitable giving from one place. Donors can also leverage AAACF’s in-depth local knowledge for identifying grant opportunities to maximize impact.
Donors can support a favorite nonprofit or community organization by creating a designated endowment for that agency, thus providing a permanent income stream.
To help increase college access and graduation rates for students in Washtenaw County with the greatest need, the Community Scholarship Program (CSP) awards four-year scholarships to students representing any of three criteria: youth from low-income families, youth of color, and first-generation college students. New funds are all established within the CSP.
These gifts help support AAACF operations and community leadership efforts.