Foundation fund

Your Community Foundation Connection: Make an impact for your favorite nonprofit with a designated fund |

Did you know you can guarantee that the nonprofits you care about receive support, forever, through a designated fund at the Henry County Community Foundation?

A designated fund is exactly what it sounds like. You, the donor, designate which organization(s) you wish to support. The Foundation invests your donations and grants a portion of the proceeds each year – forever. You can create this fund now or with your estate plan. It really is that simple!

How does this help the nonprofit? Because you’ve taken the steps to establish a designated fund, the nonprofit is assured of income forever. This helps take some of the stress out of the annual fundraiser.

How does this help you, as a donor? First, you can know that the organization you support with an annual gift will continue to receive your “gift” even after you leave – your legacy of support continues. Second, donations to the Foundation can be used to help you (or your family) through tax deductions.

If you have a favorite charity that you admire or appreciate for the work it does in the community, a designated fund can help you keep supporting it endlessly.

Stay tuned for our next article to learn more about a designated fund that has made a difference for local nonprofits over the years.

Your Community Foundation Connection publishes the first and third Saturday of each month. To learn more about a specific grant or fund, or to learn more about starting your own endowment fund, contact the Henry County Community Foundation at 765-529-2235.

Your Community Foundation Connection publishes the first and third Saturday of each month. To learn more about a specific grant or fund, or to learn more about starting your own endowment fund, contact the Henry County Community Foundation at 765-529-2235.