What We Offer | A Fund to Meet Your Needs
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. Each fund type can be structured in two different ways depending on the amount in the fund, its life expectancy, and the amount of expected activity.
The first step is the type of fund that meets your philanthropic needs. We have many to choose from and they can be structured to fit your charitable intent like a glove. Carrie Krug Nedick, our Director of Donor Services, is here to get you started on creating a fund at the Community Foundation. She’s always an email firstname.lastname@example.org or a call away at 610 351-5353 Ext. 10.
Find the Fund Type that Fits Your Charitable Goals
A fund type is defined by its purpose, the means used to disburse grants, and level of donor involvement. See various fund type options below.
|Fund Type||What it is||Minimum|
|Remaining Deeply Involved in Your Giving |
This fund offers the most flexibility for your giving. You recommend which charitable organizations are supported from the fund each year, while LVCF does the paperwork and due diligence.
|Family Legacy Fund||Investing in your Family Legacy |
Focus on your family legacy while LVCF conducts all areas of fund administration and grantmaking as your outsourced Executive Director. LVCF’s alternative to a private foundation.
|Designated||Defining Your Giving |
Name specific qualified charitable organizations to receive grants for specified amounts, and we will make those grants over time. Giving parameters are set within the fund agreement, so your giving is on auto-pilot. This is the most common way to preserve your charitable legacy.
|Furthering Education |
Invest in the future by helping deserving students or other individuals pursue higher education or be recognized for their contributions. Scholarships can be School Coordinated, Committee Coordinated, or LVCF Committee Coordinated.
|Agency||Focusing on the Nonprofit Mission |
Focus on your mission while benefitting from the Foundation’s operational efficiencies & oversight. Only established by qualified charitable organizations.
|Area of Interest||Choosing a Cause |
Create a fund for a specific cause that is close to your heart, while relying on the knowledge and leadership of LVCF to make the most impact.
Smaller gift? Consider contributing to one of our leadership grant strategies or another fund. LVCF can also act as a neutral party for organizations that collaborate on a program or initiative.
|Community Endowment||Supporting the Needs of the Community |
Contribute to your community endowment and the Foundation’s community work through the flexibility of unrestricted giving. You can enable LVCF to support its own work and to respond to the communities most pressing needs, today and tomorrow.
Funds can be endowed or non-endowed
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. Non-endowed funds, also known as temporary funds, allow grants at any time and in any amount.
Ready to get started?
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.
ASK CARRIE | If you would like more information on starting a fund at LVCF, our Family Legacy Fund, or our Impact Services can benefit you and the community. And she’ here to help with any questions about the MyFund Portal.