Affiliate Funds are established for the support of a variety of charitable purposes and organizations within a specific community or county. 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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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.
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Visionary philanthropists with broad charitable interests are making sure their gifts last forever by making donations or establishing funds that benefit the Better Together Community Fund. Because our community and community needs are ever changing, gifts to the Community Foundation of Greater Des Moines’ Better Together Community Fund allow the Community Foundation to use your charitable contribution strategically in response to the most pressing community issues.
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A charitable gift annuity is a simple contract between a donor and the Community Foundation by which a portion of the amount transferred to the Community Foundation is a gift to a charity of the donor’s choice and the remainder is returned to a designated recipient as scheduled income payments.
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Committee Directed Funds are established by groups who wish to make grants to the charities of their choice. The committee identifies the charitable causes it wishes to support and collectively determines where the funds are directed.
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Community Betterment Funds 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.
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Designated Funds are established by a donor on behalf of a specific organization to maintain assets that benefit and help ensure the continuity of the organization. A distribution to the chosen organization is made on an annual basis, creating a stable income stream.
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Donor Advised Funds are flexible and convenient, allowing donors to support a variety of causes through their fund anytime they choose. These funds offer a simple, powerful and highly personal approach to giving.
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Field of Interest Funds connect people with their passions and specific areas of need in their community. Education, the arts, the environment and disadvantaged youth and families are a few areas donors can support through these funds. Grants are made to community organizations to assist programs that are making a difference in the field of interest selected.
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Organizations ready to spend more time fulfilling their missions and less time on financial administration are turning to the Community Foundation for professional accounting management. The Community Foundation offers a full range of accounting services to help organizations conserve resources and focus on their missions. Fee structures are customized to meet each organization’s specific needs.
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Scholarship Funds help students achieve their educational goals and may benefit students of a particular school, geographic region, educational discipline, gender or other designation.
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Seed Funds allow donors to build a permanent endowment over 10 years with an initial contribution of $1,000 and a minimum annual contribution of $600. Once $10,000 is accumulated, the fund matures into a charitable endowment and donors can start supporting the causes they care about most.
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A supporting organization is operated by or connected with the Community Foundation. The purpose of a supporting organization is to enhance the mission and efforts of the Community Foundation.
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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