FUND DEFINITIONS



Field-of-Interest
Funds intended to provide support for a general area (such as education or the environment) without limitation to a specific organization or beneficiary.

Flow-through/Temporary
Non-permanent funds received for distribution over a period of time or for a specific project.

Designated/Restricted
Funds which support particular agencies or organizations, as named by the donor.

Agency
Funds established by charitable organizations as permanent funds to ensure an ongoing source of support for their programs and operations.  The community foundation owns the fund and the income is designated to the agency.

Named
Funds are held in the name of the donor, a family or an individual that can be directed by the donor for use in the unrestricted fund or for special purposes identified by the donor.  Typically, a community foundation will require a minimum gift or pledge of $5,000 to $10,000 to establish a named fund.

Donor Advised
Funds enabling donor participation in the distribution of income (and sometimes principal) from their fund.

Managed
Funds entrusted by other charitable organizations to the foundation for investment management only.