Starting a Fund
A simple interview with a Community Foundation staff member is all it takes to get started. A minimum of $2,500 is requested to establish a Fund, however smaller contributions may be made and accumulated. Once the minimum amount is reached your priorities are addressed and a Fund Agreement will be drawn up to incorporate every detail of your plan. Each Fund has its specific purpose and as its revenue stream becomes available grants are awarded according to your intentions.
Typical Fund Purposes
Your fund's purpose is any cause you think is important. The application of revenues can be as varied as personal interests:
- Unrestricted Endowment - general Foundation operations, community betterment
- Medical - research, facilities, general healthcare, child immunization
- Educational - scholarships for any field or endeavor
- Bricks and Mortar - buildings, maintenance, general operations
- Special Interest - community projects, charity support Human Services - senior issues, child issues, handicap issues
- Animal, Environmental - animal care and adoption, land use and protection
- General Interest - any category of need as determined by you
Seasons Greetings from The Wellness Arts Center
First National Bank Supports K-12 Education
Pump N Pantry Assists Pre-School Students
NEP Telephone Continues Support for Local Education
Peoples Neighborhood Bank Contributes $100,000 to Local Education
First Liberty Bank & Trust Supports Local Education
Cabot Oil and Gas Supports Career & Technology Scholarships
Area Agency on Aging Establishes Endowment
270 Lake Avenue
Montrose, PA 18801
Phone: 570-278-3800
Fax: 570-278-9608


