Fund for the Common Good

Meeting ever-changing community needs.

When you establish a Fund for the Common Good, your gift addresses a broad range of local needs — including future needs that often cannot be anticipated at the time your gift is made. We evaluate all aspects of community well-being: arts and culture, economic development, education, environment, health and human services, neighborhood revitalization, and more. The flexibility of your unrestricted gift enables your community foundation’s program experts to respond to the community’s most pressing needs, today and tomorrow.

Because you set no restrictions on the use of your gift, it enables our experienced program staff and board to do what they do best — assess community needs and respond by awarding grants to the nonprofit organizations that undertake our community’s most critical work. A Fund for the Common Good will help your community foundation to support long-term solutions; respond quickly to emergencies; and meet changing social, cultural, educational, or environmental needs in our local community.

Grants are made in the name of the fund you establish, creating your personal legacy of giving. You may give your gift immediately or through your will or other estate planning strategy. If you endow your gift, it becomes a permanent community funding resource.

How it works:

• You make an unrestricted gift to your community foundation during your lifetime or through a bequest in your will. You can give cash, appreciated stocks, real estate, or other assets.
• We set up a special fund in your name, in the name of your family or business, or in honor of any person or organization you choose.
• You receive tax benefits in the year your gift is made.
• Our professional program staff determines the areas of community need that would be most impacted by grants from your gift.
• Our board issues grants in the name of the fund you establish (if you prefer, grants can be made anonymously).
• We handle all the administrative details.