Opening and maintaining a charitable fund is simple. Start with a gift of $10,000 or more in cash, stock, or even complex assets, and experience the community impact, ease, and tax advantage that a fund provides. Below are sample fund agreements corresponding to fund types we offer. Email Director of Development Caroline Kuebler or call her at (901) 722-0036 for more information.
- Donor-advised fund agreement. Donor-advised funds provide donors with flexibility to make gifts to your fund and grants to nonprofits on your own schedule.
- Scholarship fund agreement. Scholarship funds help students pursue higher education.
Donor-designated fund agreement. Designated funds are the choice for donors who want to support one or more specific nonprofit organizations in perpetuity or for a specified period of time.
Field of interest fund agreement. These funds are ideal for donors who want to support an area of special interest, such as education, the arts, health, the environment, or a particular community.
Nonprofit fund agreement. These funds are established by the boards of nonprofit organizations to support the agencies' work and to take advantage of the Foundation's services.
Community endowment fund agreement. These are the choice of donors who want their gifts to address the community's changing needs for generations to come. When you create a community endowment - or give to an existing one - you are assured that your gift will be available for grants, special projects, and future needs that may not even be anticipated today.
- Administrative fee schedule