Designated Funds - CLICK HERE - Designated funds are component funds whose beneficiaries have been specified by the donor when the fund is established. The community foundation assumes the oversight responsibility for ensuring that these funds are distributed as the donor intends. Many designated funds name a specific organization - the YMCA, United Way or the local High School or community library, for example.
Designated Funds can be established by an individual or couple, a family, a business or any other group of people with shared charitable interests.
Donor-Advised Funds - CLICK HERE - Donor-advised funds at a community foundation such as the Community Foundation of the Mahoning Valley enable charitably inclined individuals to play an active role in grant-making without incurring the paperwork, taxes and administrative expense of maintaining a private foundation.
Donor-advised funds can be established by an individual or couple, a family, a business or any other group of people with shared charitable interests.
Agency Endowment Funds - CLICK HERE - Agency Endowment funds at a community foundation such as the Community Foundation of the Mahoning Valley can serve many not-for-profit organizations as an ideal partner in starting and sustaining an endowment program. Community foundations specialize in building endowments to benefit communities. By their distinct structure and mission community foundations are suitable vehicles for supporting organizations in building endowments.
A 501 (c) (3) organization or an organization seeking their 501 (c) (3) status can establish Agency Endowments.
Other Fund Guidelines - In addition to the above fund types, the Community Foundation of the Mahoning Valley can assist you in meeting all of your philanthropic goals.
For information on any of the following, please call the Foundation at 330-743-5555, or e-mail an information request to info@cfmv.org.
- Family Foundations
- Supporting Organizations
- Planned Gifts
- Pass - Through Funds
- Undesignated and Field of Interest Funds
CFMV Funds - CLICK HERE
