Types of Funds

We offer a variety of fund types and philanthropic services to help you achieve your charitable goals. You may choose to establish a current fund that supports the community during your lifetime — and will continue to do so far into the future. Or you may wish to include your community foundation as part of an estate plan, creating a deferred fund that will carry out your charitable goals after your death.

Donor-Advised Fund  Stay Involved
Consolidate all of your charitable giving into one ­vehicle. Designate yourself, your spouse, your ­children or others as advisors to the fund. Advisors recommend grants from the fund at any time to those charities they wish to support. Our staff can help by identifying and researching charitable organizations addressing issues of importance to you. ­Advised funds may be established by ­individuals, families, groups, businesses, and ­organizations.

Unrestricted Fund  Think Broadly
Allow the community foundation to identify needs and opportunities in the community and target your dollars where they will be most effective. Reach hundreds of charitable organizations serving our community and beyond.

Field-of-Interest Fund  Address Issues
You decide the purpose of the fund, such as meeting the needs of children or promoting the arts, and the foundation identifies projects that are effectively accomplishing that goal. The Foundation’s leadership will use their expertise to identify, evaluate, and award grants to the most qualified and deserving organizations or programs in your interest area.

Designated Fund  Provide Ongoing Support
Specify a particular charitable organization to ­receive the proceeds of the fund in perpetuity. You are ­assured that should the organization cease to exist, the foundation’s board will preserve your intent by ­redirecting the fund to the closest similar purpose. Not-for-profit organizations may establish designated funds to provide annual support for their own mission.

Scholarship Funds  Promote Personal Growth
Create a scholarship in honor or memory of someone special to you. We administer multiple scholarships created by individuals, families, and corporations to increase access to education.

Planned Giving  Leave a Legacy
Make a significant and long-lasting gift by creating a fund through your will. A testamentary gift ensures that your charitable goals are met in perpetuity for the causes that are important to you today. Vehicles for planned giving include, bequests, charitable remainder trusts, charitable lead trusts, retirement fund assets, and life insurance.

Gibson County Community Foundation
127 N. Hart Street • Princeton, Indiana 47670
Phone: 812.386.8082