Establishing a named endowed fund at AAACF ensures a donor's gift will continue to grow and give forward for future generations -
For good. For ever.

AAACF provides a meaningful and highly personal approach to giving. 
We can help donors establish a legacy, honor a loved one, or support a specific organization or area of interest. 

We offer a variety of different fund types to help donors achieve their personal charitable goals. 

• Unrestricted Funds support AAACF's competitive grant programs, and give AAACF the greatest capacity and flexibility to address emerging community needs and priorities.  Donors can establish a named unrestricted fund with a gift of $5,000 or more.
• Field of Interest Funds support targeted grant programs that fund broad areas of interest - the arts, environment, seniors, education, youth, and health and human services. Donors can establish a new field of interest fund with a minimum gift of $25,000.
• Designated Funds (and Agency Endowments) help local nonprofits and community organizations fulfill their missions in perpetuity.  Donors have established designated funds to support a favorite charitable organization or a local school.  Donors can establish a new designated fund with a minimum gift of $10,000. 
• Donor Advised Funds offer an attractive alternative to private foundations or a charitable gift fund.  While leveraging AAACF's in-depth knowledge of our local community's needs, donors make specific grant recommendations to support nonprofit organizations and programs - including those that may reside outside our geographic region.  Donors can establish a donor advised fund with a minimum gift of $20,000.
• Scholarship Funds are designed  to help local students with continuing educational costs. Donors can create and name their own scholarship fund with a minimum gift of $20,000. Donors may also designate a scholarship advisory committee, and set guidelines for candidate selection and scholarship awards. 
• Administrative Endowment Funds help AAACF cover the costs of its day-to-day operations.  Named funds can be established with a minimum gift of $10,000.
• Special Project Funds are temporary non-endowed funds that are established to raise funds to support a special project.

Things to consider when establishing an endowed  fund at the Community Foundation:

• The Community Foundation accepts a variety of assets.
• We can establish a new fund in your name, your family's, a business, or organization, or to honor of any person or organization you choose.
• Tax benefits are realized in the year the gift is made.
• Depending upon the type of fund established, donors have the opportunity to stay involved in grant decisions and the community good their gift provides.
• AAACF's Board of Trustees distributes grants in the name of the fund.  When requested, grants can be made anonymously.
• The Community Foundation handles all  the administrative details.
• Gifts are  placed into an endowment that is invested over time. Earnings are used to make grants as the donor's gift was originally intended. 
• The original gift and all future earnings are a permanent source of community capital  - For good.  For ever.

To establish a named endowed fund at the Community Foundation, please contact AAACF Development Officer Jennie Hale.