Unrestricted Funds

Unrestricted endowed funds enable donors to meet community needs in perpetuity.  Because our community is a fluid, changing entity, the Foundation is unable to foresee its specific needs in the future. Income from unrestricted funds is used to make Community Grants to nonprofit organizations in order to meet the most pressing issues at the time.

By establishing an unrestricted fund, you can benefit from the Foundation's investment expertise and monitoring services.  Our program staff carefully monitors every Community Grant and ensures that funds are used appropriately.

HIGHLIGHTS:

  • You may establish a fund in honor of or in memory of a loved one or you may name the fund for yourself or for your family.
  • Because the fund is an endowment, it ensures that the Foundation will have resources to strategically benefit the community in perpetuity.
  • This type of fund enables the Foundation Committee to make Community Grants to support the most pressing community needs.
  • You will receive updates from the Foundation regarding outcomes from Community Grants supported by your fund.
  • There is no fee to establish an unrestricted fund.
  • A $10,000 minimum opening gift is required.

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