HOW CAN I CREATE A FUND?
The Door County Community Foundation offers various types of funds to accommodate your interests and level of involvement. You may establish a fund in your name, in the name of a loved one you wish to memorialize, or in the name of a cause or areas in which you deeply believe.
Unrestricted Funds
Your fund would address changing issues and needs in Door County.
Field of Interest Funds
Your fund would contribute to an area of your interest but not designate a particular organization. Examples would be the arts, enrivonment, or human services. You can create a separate field of interest fund or support one which already exists.
Donor Advised Funds
These funds are excellent vehicles for those who wish to participate actively in the grant making process. You retain the right to make grant recommendations for consideration by our Board of Directors. It is an excellent opportunity for families to participate together in the tradition of philanthropy for generations to come.
Designated Fund
Your fund is established to benefit specific charitable organizations. Grants are made accordingly, and your intent in making the gift will be preserved over the years. Should the named institution go out of existence, or should the purpose of the original gift become obsolete, the DCCF will apply the fund to purposes which closely parallel those designated by you.
Scholarship Funds
With this fund you may help deserving young people pursue an education they might not otherwise receive. Because scholarships are time consuming and must comply with specific legal requirements, the DCCF is recognized as a natural repository for and manager of scholarship funds.
Temporary Funds
This fund allows you to make annual gifts from which the entire principal is granted for particular purposes.
Organizational Endowment Funds
These funds, a type of designated fund, may be created by or on behalf of a non-profit organization to gain more visibility for the organization and its endowment, thus encouraging others to add to the endowment. Placing an endowment with the DCCF relieves the organization of internal accounting and external reporting, increases opportunities for maximizing investment returns, and ensures long-term growth.
