Types of Funds
No matter what your cause, we offer fund options designed to help you meet your charitable giving goals. CFL takes care of all of the administrative details associated with your fund.
Donor Advised Fund
The easiest way to support the nonprofits you care about is through a Donor Advised Fund. Offering maximum flexibility, you can add to your fund and recommend grants from your fund at any time. Children and grandchildren can also be involved with grantmaking, if you wish.
You can manage all of your giving from this one fund, and even support multiple nonprofits. An added value is our online My Fund, which allows you to securely access your funds online, recommend grants, and view your giving and grant history.
Fund for Louisville (unrestricted)
You can support emerging issues and changing needs in our community by creating a named fund in the Fund for Louisville. You benefit from the Foundation's knowledge of pressing issues in the community and the extensive research and evaluation process we use to determine needs in the community. You may support the general Fund for Louisville, or specify a general area of focus: Arts & Culture, Health, Human Services, Community Enrichment, or Education.
Field of Interest Fund
Support evolving needs and a variety of nonprofits by focusing on a broad area of interest. You can create a named fund within an existing area of focus within the Fund for Louisville ($5,000 minimum), or create a new Field of Interest Fund to match your specific charitable goals (minimum $25,000).
A Designed Fund allows you to support one or more specific charitable organizations. This is an excellent way to ensure your annual gifts to your favorite charitable organizations continue after your lifetime. Should a selected organization ever cease to exist or change its mission, the Community Foundation will select an alternate organization that most closely matches your original wishes.
You can help students pursue their educational dreams with a scholarship fund. Scholarship funds are often created in memory of someone and can be used to support educational opportunities, a specific educational institution, or a course of study. Scholarship donors receive an added value with Scholar Search, our online database of scholarship funds that is available to the community and helps applicants easily learn about the scholarships they may be qualified to receive.
Nonprofit Agency Endowment Funds
Nonprofit organizations can create an endowment fund to protect charitable dollars and provide a stable, predictable source of income for the organization. Such funds can provide annual support for the organization.
($2 million minimum)
A supporting foundation is an effective solution for individuals, families and businesses who want to make significant, strategic philanthropic investments. They can offer advantages over a private foundation. These foundations are separate nonprofits that operate as a public charity under CFL's umbrella. Supporting foundations have their own boards, which determine mission, investment strategy, and grant priorities.