Create A Fund
Your Giving. Your Way.
Creating a charitable fund isn’t just about giving back — it’s about making a lasting difference in the causes and communities that matter most to you. When you establish a fund with one of CommunityGiving's partner community foundations, you’re taking a meaningful step toward creating a personal legacy of generosity and purpose.
Charitable funds offer many advantages:
✔️ Flexibility – Give when and how you want, using cash, appreciated stock, real estate, or other assets.
✔️ Personalization – Name your fund and shape it to support the issues, organizations, or geographic areas you care about.
✔️ Simplicity – Our expert team handles the administration, compliance, and reporting, so you can focus on your impact.
✔️ Tax Benefits – Your gift may qualify for immediate tax advantages while allowing you to support causes over time.
Whether you contribute to an existing fund or create your own, you’ll be joining a community of donors who are building a brighter future — one fund at a time.
Let’s work together to turn your charitable vision into something powerful and enduring.
Types of Funds
Donor Advised Fund
A donor advised fund allows you to participate directly in the grantmaking process by making recommendations for grants to specific organizations from the fund. A donor advisor also may work closely with the staff of CommunityGiving to select grant recipients.
Acorn Fund
An Acorn Fund allows the donor to create a charitable fund from which the donor may recommend distributions for charitable purposes. It provides an easy way for donors to organize and manage their charitable giving and potentially maximize tax benefits. An Acorn Fund can be established with an initial minimum contribution of $500.
Field of Interest Fund
If you wish to establish a fund for a specified, broad purpose, a field of interest fund is the appropriate choice. Donors with particular issues of concern (children's services, the environment, or improving access to health care by the poor, for example) may focus their giving by setting up this type of fund. CommunityGiving then makes grants to meet current needs in the specified field.
Designated Fund
A fund designed to endow one or more specific charities is a designated fund. If a charity changes its mission or type of services, or goes out of business, CommunityGiving directs grants to a similar organization. In this way, the donor supports the organizations he or she chooses, but ensures that the gift will remain relevant over time.
Agency Fund
Agency funds are established by nonprofit agencies who appreciate a community foundation's fund management expertise. Some funds are permanent endowments, while others serve as a type of reserve fund for the agencies. CommunityGiving currently holds agency funds for a variety of organizations including schools, churches, and a wide range of nonprofit agencies.
Scholarship Fund
A donor may establish a scholarship fund to honor a loved one or simply as a way to assist young people with their education.
Unrestricted Fund
The unrestricted fund is one of the most flexible ways to give, since it may be used for any purpose approved by the CommunityGiving's Board of Directors. This fund allows the CommunityGiving and it's partners to identify community needs and award grants designed to address those needs.
Corporate Advised Fund
A corporate advised fund allows a company to create a charitable fund from which the company may recommend distributions for charitable purposes. We work with companies of all sizes to make their charitable giving more efficient.
Create A Fund
If you are interested in learning more about how to establish a fund and you would like to discuss the process, please contact us at (320) 253-4380 or [email protected].