At the Community Foundation, we believe in investing in the future of Boulder County.
That’s why we support endowment building, and investing now for future benefit. We also know that some donors prefer to establish a Gift Fund because their favorite charities need support right away.
Donor-Advised Investment Pools | Donor-Advised Cash Pool | |
|---|---|---|
Min. to establish | $25K | $25K |
Fee to establish | None | 2% on all contributions |
Other fees | 1.25% annually for funds with balances up to $2M plus investment fees (see Administrative Fees). | None |
Investment earnings (losses) | Yes | No |
Annual grants payout | Per donor’s discretion | Per donor’s discretion |
Turnaround time for grants paid | Up to 2 weeks for grants under $100K; up to one month for larger grants. | Up to 2 weeks for grants under $100K; up to one month for larger grants. |
Min. grant size | $100 | $100 |
Fund advisors and successor advisors | Family, friends or advisors named by donors. | Family, friends or advisors named by donors. |
Additions to fund | Allowed anytime | Allowed anytime |
Fund descriptions
Endowed Fund
An Endowed Fund is a traditional fund offered by most community foundations (in many cases, it’s a good alternative to a private family foundation). At the Community Foundation, these funds are established by individuals, families and corporations, and invested using a long-term growth strategy.
When donors establish an Endowed Fund, they can name it or leave it as an anonymous fund. Donors may also name fund advisors, often including family members, professional advisors, or groups of employees. Foundation staff is available to assist with grantmaking.
Gift Fund
A Gift Fund is for donors who want a more active, shorter-term giving strategy. As with the Endowed Fund, donors may distribute as much or as little from a Gift Fund as they wish – including spending it down to a zero balance. Unlike an Endowed Fund, however, a Gift Fund is kept in cash, rather than invested in the stock market.
In both types of funds, donors may request that grant distributions be made from their funds throughout the year.
Questions? Please contact Philanthropic Services.