Fund Types
Donors to The Community Foundation can participate in a variety of component funds, helping them to meet their specific charitable objectives.
Acorn Funds
The Community Foundation
Serving Greeley and Weld County recognize that there are families
who would like to create a legacy for themselves and their community
but are not in a position to give all at once the $10,000 minimum
required to establish an endowed fund. The Acorn Fund concept will
allow donors to grow their fund to the $10,000 level over a period
of up to five years.
Donor Advised Funds
You can have ongoing involvement in the use of your gift. You work
with our professional program staff, identifying ways to use dollars
from the Donor Advised Fund you establish to address the issues and
needs you care about most. By creating a Donor Advised Fund at the
Community Foundation, you can recommend grants, name family members
as advisors, even make grants anonymously if you wish.
Designated Funds
You can direct your gift to a specific nonprofit organization or purpose.
Help provide ongoing funding for a senior center, museum, or virtually
any nonprofit charitable organization. Nonprofit organizations can
use a Designated Fund through the community foundation to build their
endowment and enhance their ability to accept large and complex gifts.
Unrestricted Funds
Your gift can address ever-changing community needs - including future
needs that often cannot be anticipated at the time your gift is made.
We evaluate all aspects of community well-being - arts and culture,
economic development, education, environment, health and human services,
neighborhood revitalization, and more. The flexibility of your unrestricted
gift enables your community foundation's program experts to respond
to the community's most pressing needs, today and tomorrow.
Field of Interest
Funds
You can target your gift to support a particular area of interest
such as education, the arts, aging or community development - but
not a specific agency. You identify your personal interest area when
making your gift; our board awards grants to community organizations
and programs that are making a difference in the area you select.
Scholarships
You can invest your gift in our community's future and show students
you care, all with the guidance and personal services of your community
foundation. You determine the criteria students must meet to receive
the scholarship you establish. Donors may stay involved through an
advisory relationship or may name an advisory committee to assist
in the selection of recipients. The Community Foundation handles
the necessary paperwork and ensures that scholarships and grants are
distributed in an equitable manner.
Agency Endowments
Non-profit organizations can establish an endowment fund at the Community
Foundation. An endowment fund serves to protect their endowed monies
to meet future needs, provide relatively constant source of annual
income, and fulfill their mission in perpetuity.
Supporting Organizations
You can use your gift to establish an excellent alternative to a private
foundation - with only a fraction of the administrative responsibilities.
You select some of the board members, maintain personal involvement
and support the causes and organizations you care about while enjoying
the favorable tax treatment of a public charity. Leave investment
management, startup costs, grant administration and reporting to your
community foundation.
Any of these funds can be established in your name, or in the name of your family, your organization, or anyone you wish to honor. All grants distributed from the fund you establish-today and in the future-are then awarded to charities in the name of that fund. It's a great way to always be involved with, and remembered for, your community investment.