Types of Funds

Community Foundation of Henderson County offers a variety of giving options to help fulfill your philanthropic wishes. Whether you want to organize and simplify your giving, support a specific cause, partner with us to position our community for a strong future, help students achieve their educational dreams or leave a charitable legacy, we’ll setup the fund that best fulfills your goals.

Donor Advised Funds (Endowed and Non-Endowed)

allow you to make a gift to the Community Foundation and remain actively involved in recommending uses for the gift. They allow donors to set aside charitable dollars now and distribute them gradually over time.

Field of Interest Endowment Funds

allow you to support broadly defined areas of charitable interest such as arts and culture, animal welfare, conservation, education, and more. Through this type of fund, gifts meet community needs in your areas of interest, even as specific needs evolve over time.

Scholarship Endowment Funds

enable you to support students in achieving their academic dreams. They can be customized to support an area of study, particular school, or a host of other criteria. We handle the administration of the fund, including the application and selection process.

Designated Funds (Endowed and Non-Endowed)

help you provide permanent ongoing support to one or more specific nonprofits or charities. The organizations you are most passionate about can receive a gift in your name forever through a Designated Fund while also benefiting from the Community Foundation’s investment stewardship.

Unrestricted Endowment Funds

help ensure that future needs and opportunities of your community are met. These funds are not specifically designated for use by a particular agency, cause or area of interest, but leverage the power of collective giving so that CFHC is able to respond to the changing needs of our local community.

Organizational Endowment Funds

are created by nonprofits to increase their long-term stability and broaden community awareness about the need for support while remaining focused on their missions. Throughout challenges, these organizations can count on permanent funding and resources year after year.

Supporting Organizations Funds

provide the flexibility desired by donors to meet their objectives. Supporting Organizations are special types of charitable organizations that, based upon their relationship with the Community Foundation, are themselves classified as public charities.