Funds

Fund Types
Affiliate Funds

Affiliate Funds are established for the support of a variety of charitable purposes and organizations within a specific community or region. A local advisory board is appointed within each affiliate community and/or county, which has grantmaking and fundraising responsibility for that area. 

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Agency Funds

Agency Funds at the Greater Des Moines Community Foundation maintain assets that benefit a charitable organization and distribute investment income on an annual basis, creating a stable income stream. The Community Foundation's skill in administering and investing endowment assets allows organizations to focus on fundraising rather than fund investing. The following organizations are investing in their future with an Agency Fund at the Community Foundation:  more ...


Charitable Gift Annuities

A charitable gift annuity is a simple contract between a donor and the Greater Des Moines Community Foundation, by which a portion of the amount transferred to the Community Foundation is a gift and the remainder is returned to a designated recipient as scheduled income payments.

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Committee Directed Funds

Committee Directed Funds are established by groups to make grants to the charities of their choice.  The committee identifies the charitable causes they wish to support.  Grants are distributed from fund income, principal or a combination of the two. Recommendations for grants must be approved by the Community Foundation Board of Directors, as required by the Internal Revenue Service.

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Community Betterment Project Funds

Community Betterment projects are designed to improve the quality of life in Greater Des Moines. The Community Foundation works in a management and/or fiscal role to assist in project coordination.  more ...


Designated Funds

Designated Funds maintain assets that benefit and help ensure the continuity of a charitable organization. Designated Funds distribute investment income to the organization on an annual basis, creating a stable income stream.

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Donor Advised Funds

Donor Advised Funds are established by individuals, families, civic groups and businesses to make grants to the charities of their choice. The donor or the funds' advisors identify the charitable causes the donor wishes to support.  Grants are distributed from fund income, principal or a combination of the two.  Recommendations for grants must be approved by the Community Foundation Board of Directors, as required by the Internal Revenue Service.  more ...


Field of Interest Funds

Field of Interest Funds connect people with their passions specific to areas of need in their community.  Education, the arts and disadvantaged youth are a few of the areas donors support through these funds. 

 

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Nonprofit Accounting Services

The Community Foundation Nonprofit Accounting Services team provides full-service accounting and financial support to organizations that do not have the staff expertise or time to manage these functions in-house. Organizations must have a fund at the Foundation to participate in this program and fees are based on the nonprofit’s level of activity and the amount and type of support desired.

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Scholarship Funds

Donors may establish Scholarship Funds to benefit students of a particular school, geographic region, educational discipline, gender or other designation.  The Scholarship Advisory Panel and selection criteria must be approved by the Community Foundation Board of Directors, as required by the Internal Revenue Service.

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Supporting Organizations

A supporting organization is a grantmaking organization that is operated, supervised, controlled by, or connected with the Community Foundation.  The purpose of Supporting Organizations is to enhance the mission and efforts of the Community Foundation.

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Unrestricted Funds

Visionary philanthropists with broad charitable interests are making sure their gifts last forever by leaving unrestricted gifts to the Community Foundation. These flexible dollars provide the Foundation's Board of Directors with the ability to respond to emerging community needs.  more ...


Success Stories
ChildServe Great Life Endowment

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On With Life

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Orchard Place

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Science Center of Iowa Endow Iowa Fund

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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