How To Establish A Fund

Text Box: 1. Decide When to Give You can create your fund now, establish it in your will, or create it through a trust arrangement to benefit your family as well as charity. You may give in honor of an anniversary, to celebrate a special event or to support a cause. Tax deductions are earned at the time of your gift, while grants awarded from your fund will continue into the future. 2. Decide What to Give Almost any kind of asset can be used to start your fund, such as cash, publicly traded securities, closely held stock, interests in limited partnerships, real estate, life insurance, tangible personal property and private foundation assets. We will be happy to discuss other options with you. 3. Choose the Name for Your Fund Funds are often named for the donor or the donor's family or as a memorial to someone special. Every grant from the fund will carry this name. If you prefer anonymity, you may choose a name that reflects your fund's charitable purposes. 4. Choose a Type of Fund We offer a variety of flexible funds designed to meet our donors' different charitable interests: Unrestricted Funds offer the broadest giving option, allowing grants to be made wherever our professional staff determines our community's needs are the greatest. Field-of-Interest Funds create grants to meet needs in a particular field or geographic area of interest to you. Donor-Advised Funds enable you to recommend specific organizations to receive grants. Scholarship Funds help students pursue academic goals. You may define guidelines for candidacy, the advisory committee, the school and the award itself. Designated Funds let you support specific organizations while we make sure grants to these groups remain relevant over time and responsive to changing circumstances. Organizational Endowment Funds are established by nonprofit organizations to provide income to them.

The fees listed below reflect our most common types of giving to date. The Foundation for Community Partnerships, Inc. is flexible in regards to the design in which an organization or individual may choose to provide gifts for philanthropic purposes. Foundation staff and board members are available to discuss alternative types of plans including but not limited to: Deferred Giving Programs, Charitable Cause Fiscal Sponsorship, Scholarships, land and vehicle donation, etc. We will be happy to discuss a plan with anyone interested in pursuing these or other types of giving.

Please contact us for the names of investment managers and/or individuals responsible for investment and oversight.

Be a Part of the Legacy

Fund Type

Fund Balance

Fees

Donor Advised Fund Non Endowment

(Gift Fund)

Less than $10,000

One time charge of $250.

1% annually*

* Plus Investment Advisor Charges of less than 40 basis points (<0.4%)

$10,000 or greater

One time charge of $250

1% annually*

* Plus Investment Advisor Charges of less than 40 basis points (<0.4%)

Donor Advised Funds

Endowment

Fee on first $ 2 Million

Fee on the next $ 3 Million

On Amounts over $ 5 Million

1.00% Annually*

.75% Annually*

.5% Annually*

* Plus Investment Advisor Charges of less than 40 basis points (<0.4%)

Agency Endowments

1.00% Annually*

* Plus Investment Advisor Charges of less than 40 basis points (<0.4%)