Overview


• Unrestricted funds*– Assets are given or left to the Foundation with the understanding that income may be used to meet Shenandoah County community needs as identified by the Foundation's board of directors.
• Field of interest funds* Assets are given or left to the Foundation with the understanding that they will benefit a particular area of interest. The Board will choose charities within that area of interest to receive grants from these funds.
• Donor-advised funds* Donor or designees may make recommendations to the Foundation concerning grants from the fund’s income. There is flexibility, depending on donor wishes.
• Restricted and Agency funds* – Assets are given or left to the Foundation with the request that grants go to a specific named charity or charities.
• Scholarship Funds* – These provide scholarships for worthy recipients designated by an approved committee to meet certain pre-established criteria.
• Special Funds: 1) Operating Fund – Gifts of any size to this fund will help with ongoing administrative costs. 2) Unrestricted Endowment Fund – Gifts of any size to this fund will be used by the Board to create a source of income for future administrative and grant-making needs of the Foundation.
*Minimum initial gift of $500.00 to create a new fund.
Gifts of any size may be made to an existing fund.

Donations of any size to a particular fund should be made payable to Shenandoah Community Foundation with the name of the specific fund in the memo line. Undesignated donations will be added to the Unrestricted Endowment Fund. You also may start a fund of your own. For more information on how to do that, go to Foundation FAQs.

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