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2006 Annual Report
THE UNION COUNTY FOUNDATION
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Types of Charitable Funds
No matter what your charitable intent, we are
certain to be able to match your goals via one of our many charitable instruments including one of the numerous
types of funds listed below.
Donor Advised Funds. You can have ongoing involvement in the use of your
gift. You work with our professional program staff, identifying ways to use dollars from the Donor Advised Fund
you establish to address the issues and needs you care about most. Your recommendations are submitted to our local
board for approval; we then distribute grant dollars.
Unrestricted Funds. Your gift can 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 your community foundation’s program experts to respond
to the community’s most pressing needs, today and tomorrow.
Field of Interest Funds. You can target your gift to address needs
in an important area of community life. Arts. Aging. At-risk youth. You identify your personal interest area when
making your gift; our board awards grants to community organizations and programs that are making a difference
in the area you select.
Scholarships. You can invest your gift in our community’s future and show students you care, all with the
guidance and personal services of The Union County Foundation. You determine the criteria students must meet to
receive the Scholarship you establish. With your assistance, students achieve their academic and career-oriented
goals —from preschool to postgraduate work.
Designated Funds. You can direct your gift to a specific nonprofit organization or purpose. Help provide
ongoing funding for a senior center, hospital, or virtually any nonprofit charitable organization. Nonprofit organizations
can use a Designated Fund through the Union County Foundation to build their endowment and enhance their ability
to accept large and complex gifts.
Supporting Organizations. You can use your gift to establish an excellent alternative to a private foundation
— with only a fraction of the administrative responsibilities. You maintain personal involvement and support the
causes and organizations you care about while enjoying the favorable tax treatment of a public charity. Leave investment
management, startup costs, grant administration, and reporting to The Union County Foundation.
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