Fund Types
Each of our 7 fund types have various capabilities and requirements to best serve you. We offer the following options which can all be endowed, if preferred:
The Shaver Lake Volunteer Fire Department Fund
The 11 Shaver Lake Volunteer Firefighters were one of the first on the scene of the harrowing Creek Fire. With outdated equipment and limited resources, the brave men and women did all they could to protect their mountain community from devastation. They spent 27 days giving their time to fight the 400,000+ acre fire, many times without the tools they needed. To ensure this department can provide the highest level of service to their community, they brought their families together to create this fund. Learn more or make a donation online.
Donor Advised Fund
The most flexible fund type, this fund allows the donor to make a charitable contribution, receive an immediate tax benefit, and then recommend grants from the fund over time. Grants can be made to charities, education and religious entities.
Agency Fund
Established by a nonprofit organization with its own funds, this is a great tool for an organization to invest and create long term sustainability by starting an endowment.
Designated Organization
Allows a donor to choose up to three organizations to receive annual grants – a great tool to use as part of the charitable giving in an estate plan.
Scholarship
Helps donors invest in our community’s future and show students they care. Scholarships help students—from preschool to postgraduate—achieve their lifetime dreams. Funds must go toward education and tuition expenses.
Support Organization
Offers an excellent alternative to a private foundation, with only a fraction of the administrative responsibilities. When private foundations want to offload their administration, they can become “support organizations” within the Foundation. This fund type is a smart solution for the next generation of family foundations. Support Organizations can accept donations from the public and are not restricted by annual payouts allowing donors to grow their philanthropic resources and fund larger projects over time.
Fiscal Sponsorship
Used to support a start up, community benefit initiative or when an entity wants to create and fund a charitable project (e.g. bike drives, neighborhood clean ups, etc.)
Field of Interest
The donor identifies specific areas of interest (such as education, environment) and our talented Impact Team, along with the Foundation Board’s Program Review Committee, builds an annual grantmaking strategy to support the specified area(s). An endowed Field of Interest Fund is a great tool for an estate plan because the donor can be confident knowing their investment will forever support the focus area they care about.