Donors are the lifeblood of the Foundation, providing the money to create a great region for all of us.
The Foundation offers donors several types of funds from which they may direct their charitable goals. Donor funds are like savings accounts for charitable use. Donor funds let you:- Maximize your gift by carrying out your charitable goals in an effective, efficient and creative way
- Ensure a lasting community impact and legacy
- Make charitable donations that maximize tax benefits
- Avoid the high costs and administrative requirements of a private foundation
- Tap our staff's local insight and grantmaking expertise.
Establishing a fund is simple and quick, requiring minimal paperwork from donors. Share your vision with us today and we will do all the work to make it so.
To start a fund or learn more about the Foundation, contact CEO Lisa Verrette at 337.491.6688.
Types of Funds
UNRESTRICTED FUNDS
These funds have not been directed to a specific use and are available for general distribution by the Foundation with the approval of the board of directors. They let the board and Foundation move quickly to match unexpected needs and to invest in longer-term projects.
DONOR ADVISED FUNDS
These funds are the most popular. Donor advised funds are like savings accounts for charitable ends. Donors deposit money in the funds; they can recommend grants and projects to be supported through fund earnings and money. The board approves grant recommendations.
ORGANIZATION FUNDS
Nonprofits create organization funds to invest their assets with the Foundation. The Foundation's assets, in turn, are managed by investment houses.
DESIGNATED BENEFICIARY FUNDS
These funds are directed to a specific use by the donor, such as supporting a named agency or project.
FIELD OF INTEREST FUNDS
These funds are established to support a broad range of uses within a specific area, such as education or health care.