Unrestricted Fund
Meeting
ever-changing community needs.
When you establish an Unrestricted
Fund, your gift addresses 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, neighborhood
revitalization, 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.
Because you set no
restrictions on the use of your gift, it enables our experienced
program staff and board to do what they do best—assess community
needs and respond by awarding grants to the nonprofit
organizations that undertake our community’s most critical work.
Unrestricted Funds help your community foundation to support
long-term solutions; respond quickly to emergencies; and meet
changing social, cultural, educational, or environmental needs
in our local community.
Grants are made in
the name of the fund you establish, creating your personal
legacy of giving. You may give your gift immediately or through
your will or other estate planning strategy. If you endow your
gift, it becomes a permanent community funding resource.
How it works:
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You make an
unrestricted gift to your community foundation during your
lifetime or through a bequest in your will. You can give
cash, appreciated stocks, real estate, or other assets.
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We set up a
special fund in your name, in the name of your family or
business, or in honor of any person or organization you
choose.
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You receive tax
benefits in the year your gift is made.
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Our professional
program staff determines the areas of community need that
would be most impacted by grants from your gift.
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Our board issues
grants in the name of the fund you establish (if you prefer,
grants can be made anonymously).
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We handle all
the administrative details.
