Designated Fund
Donors to small, new nonprofits find Designated Funds an efficient way to ensure that their dollars are professionally managed. The Nevada Community Foundation will provide you with the grant monitoring and professional management you are looking for. If the original charitable organization(s) ceases to exist, changes its mission or types of services, the Nevada Community Foundation can still honor your wishes by redirecting grants from your fund to organizations with similar purposes. No matter what, we will ensure that your fund continues to do the work you originally intended.
Benefits of creating a Designated Fund include the following:
- Assurance that your gift will remain relevant over time
- Most favorable tax treatment for gifts to your fund
- Opportunity to name your own fund
- Recognition for all grants made from your fund