Go
directly to a list of Foundation Managed Funds
Funding
Examples
 The
Greater PineBelt Community Foundation provides extensive donor flexibility
in establishing funds and designating charitable beneficiaries.
Funds can be named for the donor, in memory of others, or for a designated
fund purpose … such as a specific charitable organization.
As an example, funds have been established to benefit organizations which include
the Family Y, the United Way of Southeast Mississippi, church building funds,
plus college and continuing education scholarships.
Specific Fund Types
Fund
types available to Foundation donors:
- Unrestricted
Fund: Unrestricted
funds provide the Foundation board of directors with flexibility to allocate
grants in response to changing community needs. When funds are available,
the Foundation has significant
discretion in the allocation of unrestricted fund grants.
Please note
that the Greater PineBelt Community Foundation does not currently manage unrestricted
funds for general grant purposes. All current funds are in support of charitable
organizations, specifically designated by the fund donors.
- Donor
Advised
Fund: Using a donor advised fund allows the donor to actively participate
in the grant process. Donors retain the right to serve as advisors
to the Foundation board of directors, in establishing grant allocations. A Donor
Advised Funds brochure with additional details is available here.
- Designated
Fund: Donors use a designated fund to specify the beneficiary
for the life of the fund. For example, the donor may designate
one or more specific organizations to receive Foundation grants.
- Field
of Interest Fund: The field of interest fund is used
to assure Foundation grant support for areas of specific
interest to the donor. For example, a field of interest
in child development assures grants to youth oriented community
activities. Foundation discretion in fund allocations is
limited to the specified field of interest.
- Organization
Fund: Non-profit organizations may create funds using Foundation services
to manage financial investments and endowment administration. The organization works
closely with the Foundation in establishing fund allocations.
- Pass-Through
Funding: Individuals or organizations may obtain the benefits of a private
foundation, without the burden of administration, by using the Foundation as a pass-through
for charitable donations. Funds are simply passed through the Foundation to a designated
charity. There is no lasting endowment associated with pass-through funding.
Foundation Managed Funds
Click the following link for a list of Foundation Managed Funds
Fund
Success Stories
Click
the following links to read success stories for selected funds:
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