Start a Fund

1. Decide When to Give

You can create your fund now, establish it in your will, or create it through a trust arrangement that benefits your family as well as charity. You may give in honor of an anniversary, to celebrate a special event or to support a cause. Tax deductions are earned at the time of your gift, while grants awarded from your fund will continue into the future.

2. Decide What to Give

Almost any kind of asset can be used to start your fund, such as cash, publicly traded securities, closely held stock, interests in limited partnerships, real estate, life insurance, tangible personal property and private foundation assets. We can also discuss other options with you, such as bequests, charitable remainder unitrusts, charitable remainder annuity trusts, charitable lead trusts, pooled income funds, charitable gift annuities, life income and deferred charitable gift annuities.

3. Choose the Name for Your Fund

Most of our funds are named for the donor, the donor's family or as a memorial to someone special. Every grant from the fund will carry this name. If you prefer anonymity, you may choose a name that reflects your fund's charitable purposes.

4. Choose a Type of Fund

We offer a variety of funds that are flexible to meet our donors' different charitable interests:

  • Unrestricted funds offer the broadest giving option, allowing grants to be made to wherever the Foundation determines our community's needs are greatest.
  • Donor-Advised funds enable you to make recommendations to the board about causes of interest for consideration of Foundation designated grants. 
  • Scholarship funds help students pursue academic goals. You may define guidelines for candidacy, the advisory committee, the school and the award itself.
  • Designated funds let you support specific organizations while we make sure that grants to these groups remain relevant over time and expansive to changing circumstances.
  • Organizational endowment funds are established by nonprofit organizations to provide them with income. We handle all administrative and investment responsibilities, freeing the organization to pursue its charitable mission.
  • Field-of-Interest funds create grants that meet needs in a particular field or geographic area that is of interest to you.

Field-of-Interest Funds

Donors have the option of creating their own, or contributing to one of the following:

Arts and Culture

Visual art, literature, dance, theater and music can bind people through shared experience and understanding. Stimulate thought, communication and creativity through programs in the arts and humanities that enhance or develop the common aesthetic spirit through education, creation or performance.

Children and Youth

Children are the most valuable resource we have. Help them grow - physically, socially and intellectually - into healthy, mature and productive adults through programs that ensure all children are supported, nurtured and protected in their homes and communities. Support programs that focus on childhood development and reduce at-risk behavior through prevention programs.

Civic Enrichment

A community must consistently nurture its development to sustain or increase its vitality. Address the challenges that face our community through programs that promote economic development, improve community services and encourage residents to get involved in community improvement projects by providing the training, tools and resources they need to revitalize the community.

Community Health

Individuals and families in our community must have the resources they need to remain self-sufficient and provide safe, secure homes. Encourage everyone to make healthy lifestyle choices for themselves or those entrusted to their care through programs that promote healthy behaviors and provide access to the resources they need to build stronger, safer homes, schools and neighborhoods.

Education

Today, more than ever, education touches the lives of people of all ages. Focus on supplementing the traditional educational system to ensure children have access to the tools they need to build a foundation for lifelong learning. Help people learn to deal with life's challenges, gain skills to better take care of their families and ensure access to academic and technological opportunities, thus allowing individuals to develop their personal, social and professional skills.

Doniphan Community Fund

"It's an investment in Doniphan's future."

As an affiliate of Grand Island Community Foundation, the Doniphan Community Foundation serves as a public charity, established with a gift from the Bank of Doniphan to serve people who share a common concern - improving the quality of life in the Doniphan area. Individuals, families, businesses and organizations can create permanent charitable funds that help Doniphan respond to changing times.