An Agency Fund is established by a local nonprofit organization to serve as the endowment fund that supports its future operations. The Community Foundation holds and invests the endowment assets, providing responsible and professional fund management. Distributions from the fund are granted back to the agency to be used at the discretion of its governing board.
1915 Grand Avenue ~ Des Moines, IA 50309 ~ PH 515.883.2626 Email: info@desmoinesfoundation.org ~ http://www.desmoinesfoundation.org Confirmed in Compliance with National Standards for U.S. Community Foundations