Choose The Fund Type That’s Right For You
Unrestricted Funds
These funds will address ever-changing community needs-including future needs that often cannot be anticipated at the time your gift is made. We evaluate all aspects of community well-being-arts and culture, economic development, education, environment, health and human services, neighborhood revitalization and more. The flexibility of your unrestricted gift enables the community foundation’s program experts to respond to the community’s most pressing needs, today and tomorrow. The Homer Area Community Foundation Unrestricted Fund is our primary unrestricted fund.
Scholarship Funds
Establishing a scholarship fund provides an opportunity for scholarships to be awarded in your name or the name of a loved one, while helping to educate and train our future work force. Creating an endowed scholarship opportunity to help others achieve their educational goals is certainly making a difference in the lives of individuals in this community! The Homer Area Community Foundation, working with community partners to implement program elements that will help lead us to our ultimate goal that every individual, regardless of financial status, has an opportunity to complete college or technical training education.
Donor Advised Funds
These fund are for those who would like to make grant suggestions from time to time on distributions from the fund such as for your high school or college, church, or other favorite charity. Many donors suggest several donations throughout the year to different charities of their choice. Having a Donor Advised Fund takes the burden off the donor, as the Community Foundation does all the work in reviewing the charitable need and sending the grant to the charity suggested by the donor. This type of fund is a great way to stay involved in the use of your gift and to introduce families to philanthropy!
Organizational Endowment Funds
These funds hold and manage assets for charitable organizations. Local organizations can support their long-term objectives by creating an Organizational Endowment Fund with the Athens Area Community Foundation. With an Organizational Endowment-Named Fund, an individual can help support the long-term objectives of the organization and allows the donor’s name to be attached to the name of the fund.
Field of Interest Funds
These funds provide permanent support for a specific field of interest where funds are not committed to a particular organization. You may choose to support a specific area such as the arts, education, health, human services, or other. A volunteer committee then makes grants to the most appropriate programs and organizations serving this area.
Establish a Fund in Your Name
Please contact us to learn more about the gift size needed to establish a particular fund. Any of the funds described here can be established in your name, or in the name of your family, your organization or anyone you wish to honor. All grants distributed from the fund you establish-today and in the future-are awarded to charities in the name of your fund. This is an impactful way to establish a lasting legacy of generosity and community support.