Field of Interest Funds
With a field of interest 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 directs the Foundation to make grants from the annual earnings from the assets to recipients in one or more specific field of interest, such as the arts, education, the environment, health, youth programs, athletics, etc. The Community Endowment chooses the specific recipient within the designated field of interest.