.
  
Types of Funds Held at Community Foundations

Unrestricted Fund 

You want your charitable gift to accomplish the most to improve the quality of life in your community. You believe that as conditions change, a group of citizens from your community will be best able to assess the current charitable needs and to be creative and flexible in their grantmaking. 

Field-of-Interest Fund 

You are interested in a particular field (e.g., education, youth, environment) but you do not want to restrict the grants to be made over the years to any specific organization serving that field. 

Designated Fund

You have supported a favorite charity or two and would like to continue that support in perpetuity. You thus designate the specific charity that is to receive grants. 

Donor-Advised Fund 

You like the advantage of a charitable fund for which you make suggestions on which charities should be supported each year, but you want to avoid the federal restrictions placed on private foundations. 

Scholarship Fund 

You have your gift used to set up scholarships in your name so that deserving people can get the education they might not otherwise receive. 


About the LCCF
Funds
Grants & Scholarships
Donor Stories
News & Events
  Links to Other Resources

About the MCCF
Funds
Grants & Scholarships
Donor Stories
News & Events
  Links to Other Resources

P.O. Box 1235, 1324 K Street, Suite 150, Bedford, IN 47421, 812-279-2215, fax 812-279-1984