Frequently Asked Questions

Why should I choose the Community Foundation to help with my clients’ charitable giving?

Arkansas Community Foundation has the tools and resources to make the philanthropic process simple, flexible and efficient. The Foundation has almost 40 years of experience collaborating with families, individuals and corporations to build our state’s communities through philanthropy.

When you partner with the Community Foundation, you stay in control of your client relationships, and we provide the resources and expertise to help you give your clients charitable giving options for smart giving.

Why should my clients establish an endowment fund at the Foundation instead of giving directly to a favorite charity?

If they want to provide ongoing support, forever, to causes they care about, advantages of making those gifts through the Foundation include our permanence, our professional investment management and our oversight role in making sure their wishes are met by the recipient organizations.

Do all funds have to be permanent endowments?

No. Leadership funds are designed for clients who want to enjoy the excitement of giving now and the benefit of investing for future growth. They are invested in the markets to keep client funds growing, but there’s no limit on the amount that can be granted from the fund to the organizations they choose, as long as the fund balance remains above $50,000 for three years.

For clients who want to support a short-term project or take action quickly on an identified need, the Community Foundation offers action funds. These funds are not invested in the markets, so the entire balance is available to grant to the charity of your client’s choice at any time.

How much does it cost to start a fund at the Foundation and what ongoing fees apply?

There is no cost for starting a fund at the Foundation. Our annual fees depend on the type of fund. These fees contribute to the total operation of the Foundation, all in support of the community.

What is the minimum amount required to establish an Endowment Fund at the Foundation?

In most cases, $10,000 is the minimum for permanent endowments. For Leadership Funds, the fund balance must remain above $50,000 for three years. There is a $1,000 minimum to establish an Action Fund.

Can my clients get their money back if they change their minds?

No, gifts to the Foundation are irrevocable. The decision to partner with the Foundation is a serious one, and we encourage you to discuss it at length with your client.

Can clients make a gift to the Foundation and retain income for themselves or a family member?

Yes, we offer several opportunities to make life income gifts. We are happy to work with you and your clients to determine which type of gift is right for them.

Can my clients’ children or other family members get involved?

Yes, if they choose a donor advised fund, they may name co-advisors and successor advisors to continue to guide the fund both while you are involved and far into the future. Many donors have annual family meetings to determine the causes that will receive grants from their funds.

Our affiliate offices work locally in every corner of Arkansas. Find the affiliate near you.

Giving Locally


Phone: (501) 372-1116
Fax: (501) 372-1166
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5 Allied Drive
Suite 51110, Building 5, 11th Floor
Little Rock, AR 72202

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