Donor Advised Funds
With a donor advised fund, the donor irrevocably transfers assets to the Community Endowment. The assets are invested and the annual earnings from the assets become available for grant making. The donor is able to participate actively in the grant making process, offering recommendations to the Foundation as to the purpose and/or recipients of the grant. The Foundation’s Board of Directors must approve these recommendations as being consistent with the overall mission and vision of the Foundation.