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TYPES OF CHARITABLE FUNDS
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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.
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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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