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Fund Options For Smart Giving

Arkansas Community Foundation can customize a giving plan based on your charitable vision. We offer a variety of options tailored to the needs of different kinds of givers. Whether you want to take a hands-on approach to giving or entrust the details to our professional staff and volunteer advisory committees, we’ve got options to suit your needs.

Step 2: How hands-on will you be?

Donor-directed funds vs. Foundation-directed funds

Arkansas Community Foundation can customize a giving plan based on your charitable vision. We offer a variety of options tailored to the needs of different kinds of givers. Whether you want to take a hands-on approach to giving or entrust the details to our professional staff and volunteer advisory committees, we’ve got options to suit your needs.

Creating a foundation-directed fund or endowment might be right for you if:
    You want to ensure that your funds are used to support a wide variety of causes based on the most pressing needs at the time.
  • You want to give back to your community through a gift that is flexible enough to support dozens of local charities.
  • You plan to support a particular cause, but you need assistance finding the very best organizations working to address that cause. 
  • Learn more about foundation-directed giving. 
Creating a donor-directed fund or endowment might be the right approach for you if:
  • You already know the organization/s you’d like to support.
  • You plan to support a variety of organizations and causes from year to year.
  • You’d like to involve your children, grandchildren or others in the process of thinking about your community’s needs and identifying programs to support.

Step 3: Choose the donor-directed fund that works for you: 


 

Unrestricted Fund/Endowment

Designed to meet the changing needs of Arkansas and its communities. Grants are selected by the Community Foundation’s staff and advisory committees to make the greatest impact at a given time. Unrestricted funds are ideal for donors who want to give back to the community at large and have a wide range of charitable interests. 

Our signature Giving Tree Endowments are considered "unrestricted." Find out more about how a gift to your local Giving Tree Endowment can help you meet your charitable goals.

Field of Interest Fund/Endowment

Designed to support a variety of programs within a particular charitable field. You choose the field you want support and the Community Foundation’s staff and advisory committees will handle the details of grantmaking within the parameters you provide. Field of Interest Funds are ideal for donors who want to make a deep impact in a single area.

Scholarship Fund/Endowment

Provides financial support for students seeking higher education. You choose the selection criteria for your scholarship, and the Community Foundation will convene a committee to select a recipient from among eligible applicants. Scholarship funds are ideal for donors who want to support the educational development of individual students.

Designated Fund/Endowment

Allows you to support a particular charity (or charities) on an ongoing basis. You select the organization/s you want to support, and the Community Foundation will make annual grants from your fund to the organization/s you specify. Designated funds are ideal for donors who want to support a favorite charity for the long-term. 

Similar to a Designated Fund, an Organization Fund/Endowment supports a particular nonprofit organization. However, this type of fund is set up by the organization itself, to benefit its own operations (whereas a Designated Fund is set up by an outside donor).

Donor Advised Fund/Endowment

Allows you (and others you choose) to recommend grants to a variety of charitable causes. Each year, you can identify new causes to support or continue to be involved with charities you’ve supported in the past. Donor Advised Funds are ideal for donors who like to take a hands-on approach to giving or who want to involve the whole family in decisions about giving. 

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

Giving Locally

Contact

Phone: (501) 372-1116
Fax: (501) 372-1166
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Location

5 Allied Drive
Suite 51110, Building 5, 11th Floor
Little Rock, AR 72202
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