Designated Fund Agreements
Designated Funds at The Community Foundation for the Benefit of Your Organization
The permanence of your organization may be an important consideration for your donor, particularly if you are a younger organization in the community. Some donors choose to set up a designated fund at The Community Foundation to support your organization in perpetuity and do so during their lifetime and/or through their state. Below is sample bequest language for a designated fund. As long as your organization is a 501(c)(3) organization your donor can set up a designated fund to benefit your organization.
Sample Designated Fund Agreement