Types of Foundation Funds

The Wapakoneta Area Community Foundation enables people to set up a charitable fund that gives to a specified organization or cause forever. The fund can be tailored to your interests. You can create a fund now with current gifts or later through your will or other estate planning document. We are here to help you through the planning process. Here are examples of the fund options.

COMMUNITY FUND — allows donors the opportunity to provide direct financial support for the Foundation’s grants programs and operational costs.

DONOR ADVISED FUND — provides the donor the ability to make contributions to specific charities at the donor’s discretion.

FIELD OF INTEREST FUND — provides the ability to support a broad area of concern to the donor, such as education, scholarships, the arts, persons with personal challenges, or health services.

DESIGNATED FUND — ensures that support will be provided to a specific not-for-profit organization named by the donor.

AGENCY ENDOWMENT FUND — the Foundation allocates income to the agency on an annual basis as designated by the donor.

GIFT ACCOUNT FUND — a short term donor advised fund that is intended to disburse to the qualified charity the entire amount gifted by the donor.

PROJECT & CAMPAIGN FUND — designated use, non-permanent fund established only for the duration of a capital project or community initiative.