Many different types of assets are acceptable as contributions, and minimal paperwork is required to establish a fund. Donations of any size to unrestricted funds or an existed fund are always welcome. The donor leaves the grant making decisions to the Community Foundation's Distribution Committee.
Unrestricted funds give flexibility that allows a community foundation act as catalyst for change.
The donor leaves grantmaking decisions to the Distribution Committee, but stipulates that grants must be made within a broad area of interest to the donor, such as in education, the arts, a geographic area or as a scholarship. The donor is not involved in grantmaking. The donor has a favorite charity, church or alma mater that is named beneficiary of all grants made from the fund. Any group or organization can be named by the donor as long as it meets certain legal requirements to receive grants. The donor acts as an ongoing advisor on the making of grants from the fund.