Types
of Funds
An individual, family, organization, or corporation may establish an
endowed fund for Foundation management with a gift of, or valued at,
a minimum of $10,000. Endowment funds are generally pooled for investment purposes and professionally managed. The Foundation’s Finance and Investment committee recommends to the Foundation's Board of Trustees professional investment managers, reviews donor investment options, monitors outside consultants, mutual funds and money managers, monitors investment related fees, and reviews investment performance. For more information about the investment managers and fees, please contact the Foundation.
Choose your level of participation by the type
of fund you select from the following options.
. Unrestricted Fund - The Foundation has community-wide interest
and donors with broad interests entrust the Foundation's Board of Trustees
with selection of the most necessary or promising programs and organizations
to receive competitively awarded grants. These funds allow the Foundation
to respond to existing, changing or urgent community needs.
. Field of Interest Fund - Donors identify areas of interest,
community activity, or need.
. Designated Fund - Donors or organizations generally support
one or more specific charities
. Donor Advised Fund - Donors work with the Foundation staff
tailoring a giving program specific to their individual needs and interests
. Scholarship Fund - Scholarships may benefit students from a
specific high school, a college or university, or field of study. Individuals,
families, or organizations establishing the fund also may establish
the criteria for awarding the scholarships
. Agency Fund - To enhance their investment potential, other
Arlington nonprofit organizations may transfer assets to establish designated
funds. Agencies receive all the benefits realized by other donors, including
administrative services and investment management
Our United Way Number is 8143