Starting a fund at your Community Foundation is quick and easy – in most cases, the fund is operational in less than 24 hours.
The Process
Identify your charitable purpose(s) or intent.
This can range from highly specific – for example, a specific organization – to general in scope, such as “general charitable purposes.”
Select the type of fund that best fulfills your goals.
Complete a simple fund agreement.
WCF staff will help you to complete an agreement that makes your intentions clear.
Name the fund.
Fund names may take virtually any form – the donor’s name or family name, a cause-related name, or something else entirely. You may also remain anonymous.
Activate the fund by making a minimum gift or pledge.
See the How to Give page for details. Once the fund is established, you can:
- Add to the fund at any time, in any dollar amount.
- Specify how you wish to be recognized by grant recipients. You may make a grant using your fund’s name or you may remain anonymous.
- Make grants to any nonprofit organization across the United States. (Donor-Advised Funds)
Questions? Contact us.