Charitable Funds

Great giving options. Choose the one that's right for you.

Unrestricted Funds -- Meeting Ever-changing Community Needs

When you establish an Unrestricted Fund, your gift can address a broad range of local needs--including future needs that often cannot be anticipated at the time your gift is made. We evaluate all aspects of community well-being: arts and culture, economic development, education, environment, health and human services, and more. The flexibility of your unrestricted gift enables your community foundation's program experts to respond to the community's most pressing needs, today and tomorrow. MORE DETAILS

Donor-advised Funds -- A Personal Approach to Giving

A Donor-Advised Fund is a specialized type of Unrestricted Fund. Establishing a Donor-Advised Fund allows you to make a gift to your community foundation, then remain actively involved in suggesting uses for your gift. You can work with the community foundation's professional staff to suggest ongoing uses for the fund--targeting the issues you care about most. Grant awards are issued to charities in the name of the fund (or anonymously if you prefer). It's a simple, powerful, and a highly personal approach to giving. MORE DETAILS

Field-of-interest Funds -- Connecting Personal Values to High-impact Opportunities

By establishing a Field of Interest Fund, you can target your gift to address needs in an important area of community life such as arts, AIDS, aging, at-risk youth, etc. You identify your personal interest area when making your gift and our board awards grants to community organizations and programs that are making a difference in the area you select. Your gift stays flexible enough to meet community needs in your interest area--even as they change over time. MORE DETAILS

Designated Funds -- Helping Local Organizations Sustain and Grow

Establishing a Designated Fund allows you to support the good work of a specific nonprofit organization--a senior center, museum, or virtually any nonprofit charitable organization. Because it's given through your community foundation, your gift provides the organization you select not only funding, but planned giving and investment management services and the power of endowment. MORE DETAILS

Organizational Funds -- Endowing Your Nonprofit Organization

Nonprofit organizations can also establish a Designated Fund at the community foundation. It's a simple and efficient way to build an endowment--and help create sustainability--for your nonprofit organization. The community foundation's experienced staff can also help your organization develop planned giving programs and assist with investment management and administrative details. MORE DETAILS

Scholarship Funds -- Investing in Deserving Students

Another kind of Designated Fund is a Scholarship Fund. In creating a scholarship, you invest in your community's future and show students you care. Your community foundation provides the expertise to help you meet your personal goals and awards scholarships to deserving students. Your gift can help students achieve their lifetime dreams. MORE DETAILS

Supporting Organizations -- High Impact, High Involvement, Low Hassle

A Supporting Organization is an excellent alternative to a private foundation -- with only a fraction of the administrative responsibilities. You select some of the board members, maintain personal involvement, and support the causes you care about most while enjoying the favorable tax treatment of a public charity. Leave investment management, startup costs, grant administration and reporting to your community foundation. MORE DETAILS

There is So Much More We'd Like You to Know

For more information and ideas on ways to integrate your financial planning with charitable giving, ask your financial advisor or estate planner or contact the Foundation at info@midlandfoundation.org.

Last updated on January 27, 2009 8:21am.