Fund agreements
Access sample fund agreements that outline the structure, terms, and flexibility of charitable funds at the Community Foundation of Greater Memphis.
Opening and maintaining a charitable fund is simple. Your client starts with a gift of $10,000 or more in cash, stock, or even complex assets, and experiences the community impact, ease, and tax advantage that a fund provides. Below are sample fund agreements corresponding to fund types we offer.
Sample fund agreements
Donor-advised funds provide donors with flexibility to make gifts to your fund and grants to nonprofits on your own schedule. See fund agreement.
Scholarship funds help students pursue higher education.
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.
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.
These funds are established by the boards of nonprofit organizations to support the agencies’ work and to take advantage of the Foundation’s services.
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.
These funds are established for short-term use by organizations working in collaboration or nonprofits awaiting approval of their 501(c)(3) status.
Here to help
Jim Marconi, CAP®, IPA
Philanthropic Advisor
Cultivating relationships with professional advisors