Thursday, December 18, 2014

Fund Administration

The fund agreement specifies how each fund is managed:

  • Donor Advised - proceeds are directed annually by the donor
  • Unrestricted - proceeds are directed by the Foundation
  • Designated - proceeds are directed to support a specific organization on a permanent basis
  • Field of Interest - proceeds are directed to a charitable need on a permanent basis; for example, the elderly
  • Provisional - proceeds support a specific activity
  • Scholarship - proceeds help students attend educational institutions
 Contact Us