Start a Fund
Start a Fund
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GIVING
A fund at Le Roi Community Foundation is a lasting way to give. You choose what it's called, what it supports, and how involved you'd like to be. We look after the rest: the investing, the paperwork, and the annual granting.
A fund at Le Roi Community Foundation is a lasting way to give. You choose what it's called, what it supports, and how involved you'd like to be. We look after the rest: the investing, the paperwork, and the annual granting.
WHAT A FUND CAN DO
WHAT A FUND CAN DO
You can name a fund after yourself, your family, your business, or in memory of someone who mattered. Every grant made from it carries that name, this year and every year that follows.
Your fund can support:
A specific charity
A cause you care about, like education, health, environment, or the arts
Wherever the need is greatest, year to year
HOW MUCH IT TAKES TO START
HOW MUCH IT TAKES TO START
You can open a named fund with $10,000. If that's more than you'd like to give at once, you're welcome to start with $5,000 and contribute the rest over the following two years.
For funds where you'd like to stay involved in choosing which charities receive grants each year, the minimum contribution is $50,000.
WAYS TO STRUCTURE YOUR FUND
WAYS TO STRUCTURE YOUR FUND
Unrestricted
Unrestricted
The most flexible option. Your fund supports whatever the community needs most that year, across arts and culture, education, environment, health and welfare, and sports and recreation. Our grants committee makes informed choices year to year, responding to the changing needs of our community.
Donor Advised
Donor Advised
Stay involved in how your fund gives back. Each year, you suggest which charities and causes should receive grants; our board reviews and approves the distributions. Requires a starting balance of $50,000.
Designated
Designated
Direct your fund to one or more charities you care about. Whether it's a senior centre, a food bank, a museum, or another local nonprofit, you name the recipients when you start the fund and our directors handle the annual distribution.
Agency Endowment Funds
Agency Endowment Funds
Designed for local charities looking to build their own permanent endowment. You raise the funds; we handle the investment, administration, and reporting so you can focus on your mission. Funds can be set up by the charity itself, through a major gift from a donor, or through a fund-building campaign.
Setting up a fund as part of your legacy plan
Setting up a fund as part of your legacy plan
Any of the fund types above can be established through your will or estate. If you'd like to plan for a fund that begins after your lifetime, we can help you think it through as part of your overall giving plan.
GET IN TOUCH
Questions About the Foundation?
Questions About the Foundation?
Starting a fund is more of a conversation than a form. We'd love to hear what you have in mind. There's no obligation, just a chance to think through your ideas with someone who understands the community.
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