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Types of Funds

Education, health care, music, parks. Whatever your charitable interests, whether you have $5,000 or $1 million to give, LVCF offers simple, flexible, and rewarding options. 

For decades, the Lehigh Valley Community Foundation has helped donors with their charitable contributions with a simple, powerful and highly personalized approach.  Establishing a charitable fund at the Community Foundation will help create a lasting legacy. To create a fund, you will need to decide what type of fund will best serve your interests and gift you will make to create the fund. The Community Foundation staff will help to guide you through this process.  Simply contact us at (610) 351-5353 to learn more.

The Community Foundation is also proud to offer an extensive portfolio of services to families in the Lehigh Valley region who want to maximize the impact of their charitable giving. We support family philanthropy with research, provide grantmaking support, administrative services, networking, asset management, and philanthropic advising.

Let the Community Foundation Guide your Philanthropic Pathway. Learn about our new EverGreen Fund. Start a new fund or move all or part of your family foundation to an EverGreen Fund at LVCF

Funds are classified as endowed or nonendowed

  • Endowment funds, also known as permanent funds, provide grants in perpetuity by applying a “spending policy rate” to determine what percentage of the fund's assets are available for grantmaking.  The current rate is 4.5% of the average fund balance over three years. 
  • Nonendowed funds, also known as temporary funds, allow grants at any time and in any amount.

Area-of-Interest Funds: Choosing a Cause

An area-of-interest fund supports programs & initiatives that tackle issues of your choosing, such as the environment, camperships, or no-kill animal shelters. 

A foundation-directed area-of-interest fund awards grants based on the recommendations of a community committee that oversees a specific initiative.  

 donor-directed area-of-interest fund awards grants based on LVCF’s own community research to identify worthy charitable programs in the specified area-of-interest. 

Community Investment Funds: Meeting the Region’s Changing Needs

Community Investment Funds make sure the needs of tomorrow’s Lehigh Valley are met.  Donors rely on the deep community knowledge & experience of the Community Foundation to support the effective work of nonprofits throughout the region, forever. 

Unrestricted Funds: Supporting Your Community Endowment

The flexibility of unrestricted giving enables the Community Foundation to respond to the community’s most pressing needs, including its own operations, today and tomorrow. 

Designated Funds: Defining Your Giving

Name specific nonprofits to receive grants, and we will make those grants over time.  Should circumstances significantly change, our board can put the money to use for other similar charitable work.  Giving parameters are set at the time the fund is established, so your giving is on auto-pilot.  It is the most common way to preserve your charitable legacy.

Donor-Advised Funds: Remaining Deeply Involved in Your Giving

These funds are a simple and powerful charitable giving solution that offers the ability to separate the tax decision from the giving decision.  Donors remain involved in their philanthropy by working with LVCF’s experienced grantmaking staff to suggest ongoing uses for the fund – supporting the causes you care about most. 

You recommend a grant, we do the paperwork and due diligence.  We offer personalized service and deep community knowledge – a true partner in philanthropy.

Read more about Donor-Advised Funds.

Agency Funds: Focusing on the Nonprofit Mission

Establishing an agency fund (also known as organizational fund) allows a nonprofit to focus on its mission while benefitting from the operational efficiencies, oversight and visibility that LVCF offers.

Scholarship & Award Funds: Furthering Education

These funds allow donors to invest in the future by helping deserving students pursue higher education.  Students benefit from the financial assistance as well as the academic recognition of being a scholarship recipient.

ASK CARRIE | Ask me which type of fund is right for you and how the Community Foundation can help you create a lasting legacy and make a difference in the community....

Carrie Krug Nedick
Director of Donor Services

840 West Hamilton Street, Suite 310, Allentown, PA 18101
610 351-5353  Ext. 10 |