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William D Frack Donor Advised Fund

Type: Designated

William D Frack Donor Advised Fund

Established in 2014  William D. Frack was a lifelong resident of Findlay and Hancock County, as well as a lifelong fan of Bowling Green State University Falcons Men's Basketball. Mr. Frack told stories that as a child he traveled with his father to BGSU to cheer on his beloved Falcons Men's Basketball Teams. In 2011, as a result of his "leadership gift" to the school, the floor at BGSU Stroh Center was named in his honor. During his life, Mr. Frack established two charitable remainder trusts with the Community Foundation that resulted in this fund being created at his death. In addition, the Foundation is residual beneficiary of his trust and estate. Combined, these three gifts will comprise the largest fund ever held by the Community Foundation. Seventy-five percent of the annual distributions from this fund will benefit the Bowling Green State University Men's Basketball Program. Twenty percent of the annual distribution will be used to establish the William D. Frack Field of Interest Fund, to assist individuals who are homeless or victims of domestic violence in Hancock County. The remaining five percent will be used as community needs dictate.