The donor entrusts the GWCF Distribution Committee with selection of the most promising and urgent community programs and organizations to receive grants based on a competitive evaluation process. The donor identifies one or more areas of community interest, leaving specific grant selection to the Distribution Committee. The donor identifies one or more specific nonprofit organizations to receive annual support. In the event that the organization no longer exists as a nonprofit charitable entity, GWCF is authorized to select an alternate beneficiary to fulfill the donor s intent. This is a service for individuals or families who want to work with GWCF's staff on a tailored giving program.
Donors retain the right to recommend distributions.
The donor establishes the criteria and may select from a range of available Foundation services, including outreach, selection and award monitoring, to provide direct financial aid for students to further their education. Nonprofit organizations may transfer assets to establish designated funds, benefiting from GWCF s administrative services, investment management and permanence. Individuals, families or organizations seeking a greater degree of autonomy may create a supporting organization, a separate corporation organized in alliance with a public foundation. This arrangement bestows all of the benefits of public charity status and considerable administrative support. Gifts to Existing Funds.