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It's easy to make a permanent perpetual contribution to your
community by starting your own fund at the Delaware Community
Foundation. We offer a
variety of
types of charitable funds to meet our donors’ different
charitable interests.
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Donor Advised Funds
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Unrestricted Funds
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Field of Interest Funds
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Scholarships
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Designated Funds
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Supporting Organizations
Decide when to give. You can create your fund now, establish
it in your will or create it through a trust arrangement that
benefits your family as well as charity. You may give in memory of
an individual, to celebrate a special event or to support a cause.
Tax deductions are earned at the time of your gift, while grants
awarded from your fund will continue into the future.
Decide what to give.
Almost any kind of asset can be used to start
your fund, including cash,
publicly traded securities, closely held stock, life insurance and
private foundation assets. We can also discuss other options with
you, such as bequests, charitable remainder unitrusts, charitable
gift annuities and pooled income funds.
Choose the name for your fund.
You can name your fund for your family or as a memorial to
someone special. Every grant from the fund will carry this name. If
you prefer, your fund can even be completely anonymous.
TYPES OF CHARITABLE FUNDS
Great giving
options. Choose the one that’s right for you.
Donor Advised Funds
A personal
approach to giving.
Establishing a
Donor Advised Fund allows you to make a gift to your community
foundation, then remain actively involved in suggesting uses for
your gift. You can work with the community foundation’s professional
program staff to suggest ongoing uses for the fund — targeting the
issues you care about most. Grant awards are issued to charities in
the name of the fund (or anonymously if you prefer). It’s a simple,
powerful, and highly personal approach to giving.
Unrestricted Funds
Meeting
ever-changing community needs.
When you
establish an Unrestricted Fund, your gift can address a broad range
of local 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
Connecting
personal values to high-impact opportunities.
By
establishing a Field of Interest Fund, you can target your gift to
address needs in an important area of community life. Arts. AIDS.
Aging. At-risk youth. 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.
Your gift stays flexible enough to meet community needs in your
interest area — even as they change over time.
Scholarships
Investing in
deserving students.
In creating a
Scholarship, you invest in your community’s future and show students
you care. Your community foundation provides the expertise to help
you meet your personal goals and awards Scholarships to deserving
students. Your gift can help students — from preschool to
postgraduate — achieve their lifetime dreams.
Designated Funds
Helping local
organizations sustain and grow.
Establishing a
Designated Fund allows you to support the good work of a specific
nonprofit organization — a senior center, museum, or virtually any
nonprofit charitable organization. Because it’s given through your
community foundation, your gift provides the organization you select
not only funding, but planned giving and investment management
services and the power of endowment.
Endowing your
nonprofit organization.
Nonprofit
organizations can also establish a Designated Fund or agency
endowment at the community foundation. It’s a simple and efficient
way to build an endowment — and help create sustainability — for
your nonprofit organization. The community foundation’s experienced
staff can also help your organization develop planned giving
programs and assist with investment management and administrative
details.
Supporting Organizations
High impact,
high involvement, low hassle.
A Supporting
Organization is 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 you care about most while enjoying the favorable
tax treatment of a public charity. Leave investment management,
startup costs, grant administration, and reporting to your community
foundation.
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