Greater Green Bay Community Foundation Fund Types

We are here to help you choose the type of fund that meets your charitable giving goals. 

To learn more about the different types of funds we offer, please select from the following:

Agency Funds

Agency funds are established by nonprofit agencies and organizations with their own 501(c)(3) status.  By placing their endowments and long-term funds in the larger investment pool of the Community Foundation, these organizations benefit from the potential for greater return at a lower cost.  An annual spending policy determines the amount distributed back to the charity for purposes determined by the organization's board.

Learn more about our agency funds

Designated Funds

Designated funds allow donors to select a specific organization or group of organizations to receive long-term support. The designated recipients receive regular distributions from the fund.  These distributions are restricted to a public charity or charities named by the donor at the time the fund was established with the Community Foundation.

Donor Advised Funds

Donor advised funds are a flexible giving tool that can be created by individuals, families, and businesses to support the causes they care about.  This type of fund allows donors to receive a tax deduction when a contribution is made to the fund. With that contribution, donors can then fund charitable activity over a number of years.

Donor advisors can recommend grants to qualified charities anywhere in the United States including civic, religious and faith-based organizations.  Grants can also support overseas efforts through U.S.-based charities.  All Donor Advised recommendations are advisory. 

Learn more about the many ways a donor advised fund can help make your charitable giving more effective and efficient.

Field of Interest Funds

Field of interest funds are established by a donor, family, or a group of donors who wish to contribute to a cause or an area of interest but do not want to designate a particular organization. The Community Foundation uses the guidelines established by the donor, as well as the Community Foundation’s extensive knowledge of the community, to select grant recipients using a competitive grant application process. 

Legacy Fund

Legacy Funds are established when an endowed gift is made to the Community Foundation through a will, trust, or other planned gift for $10,000 or more.

Learn more about our Legacy Funds

Project Funds

Project Funds are established by organizations for fundraising purposes such as capital campaigns or special events.  The Community Foundation provides back office support for these funds by tracking donor records, gift acknowledgement, etc. 

Project Funds can also be established by a group of people looking to do charitable work.  In this case, the group could rely on the Community Foundation's tax status to meet IRS requirements.

Scholarship Funds

Scholarship Funds are named endowments established for the benefit of students looking to continue their education. Scholarship recipients can be selected by the Community Foundation or by a committee that includes the donor.

Supporting Organization

Many donors consider establishing a private foundation to carry out their charitable giving.  A Supporting Organization is a tax concept that allows a private foundation to enjoy the benefits of a donor advised fund including substantial savings and privacy.

Learn more about Supporting Organizations and the services we provide for these funds.

Unrestricted Funds

Unrestricted Funds are established by donors who wish to provide support to community issues over time. The Community Foundation uses the guidelines established by the donor, as well as the Community Foundation’s extensive knowledge, to select grant recipients using a competitive application process. This fund type is the Community Foundation’s most responsive vehicle to address the changing needs in northeast Wisconsin.

Have you considered adding a gift to charity in your will?  

Learn how your charitable giving can continue with a Legacy Fund

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Greater Green Bay Community Foundation

320 N. Broadway Street, Suite 260, Green Bay, WI 54303
P: (920) 432-0800   F: (920) 432-5577   Email Us

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