Family of Funds The Community Foundation of Greater Lorain County comprises more than 260 funds, which represent the variety of charitable interests and great generosity of our donors. The fund was established for the purpose of building a permanent endowment to support the operation of the Community Foundation of Greater Lorain County. The growth of this fund allows the Foundation to maximize our grantmaking by keeping administrative fees to a minimum. Unrestricted Funds Unrestricted Funds offer the greatest flexibility in meeting present and future needs and opportunities.
Donors place no restrictions upon such gifts.
The Board of Directors has full discretion in allocating funds to respond to community issues as they emerge. Grants from these Funds support the entire spectrum of charitable activity and non-profits in Lorain County. Field of Interest Funds Field of Interest Funds allow donors o specify the broad areas of charitable activity where they would prefer grants to be awarded. Foundation staff takes responsibility for notifying all non-profit organizations in Lorain County, which are providing charitable services in the charitable field named of the existence of such a Fund and how to apply for grants from it. The African American Community Fund , the Hispanic Fund , and the Youth Fund are three specific Field of Interest Funds that are represented by committees and that have their own grant application processes and deadlines.