Open a fund

These permanently endowed administrative funds support the operations of the Community Foundation of Boone County, forever. Gifts help provide resources to strengthen nonprofits, provide leadership and convening to address key issues in the community, and promote philanthropy throughout the county.

Operational funds provide an annual source of funds to cover foundation operating and program costs.

For donors looking to increase the impact of your gift and put it to work to address our local unmet needs,  we recommend setting up a community impact fund. These funds entrust grantmaking to the Community Foundation of Boone County’s Grants Committee and Board of Directors to carefully vet applications and award grants to nonprofit organizations where they will have the greatest local impact.

For the donor looking for a trusted partner to aid them in their giving, these funds take the pressure off and offer a level of involvement driven by you in how to fund is initially established. The Community Foundation of Boone County then assumes a level of responsibility for directing grants so that they can be channeled quickly and where they will have the greatest impact.

Perhaps you know which charitable interest or geographic area you want to support, but don’t want to limit your grantmaking to one organization. Or maybe you want to have the flexibility to award to different nonprofits addressing the same unmet need. With a field of interest fund, you can choose to support the purpose or place most important to you – for example, arts and culture, education, youth development, a specific community – the choice is up to you.

The Community Foundation of Boone County oversees your contributions and, with your guidance and input, ensures that grants are made to organizations addressing your designated interest.<

If you lead or serve on the board of a nonprofit organization, volunteer for a nonprofit organization, or have a passion to support a specific nonprofit, an agency fund is an ideal option. Agency funds provide an annual source of funds to support their mission both now and in the future.

One of our most simple and effortless fund offerings is a designated fund, which allows you to identify one or more qualified nonprofits or projects as beneficiaries to receive income from your permanent fund providing ongoing annual support to your favorite causes.

For many donors, this is an ideal way to endow annual giving to organizations they have supported over the years. It is especially popular among bequest donors who want their gift to keep on giving reliably, well into the future, and beyond their lifetimes. Your gift can address either immediate or long-term needs, and we will handle all asset management and disbursements.

Assist local residents in pursuing educational goals and help them achieve their academic aspirations by creating your own designated scholarship fund. Your fund will help Boone County students attain higher education by generating one grant annually for a particular community or specific institution, and you can specify criteria for scholarship awards.

With a donor advised fund, you can leave the logistics and hassles to us and enjoy a simpler giving process. You can also involve future generations of your family with successor advisors, providing a great way to get younger generations involved in philanthropy early in life. As a donor advised fund advisor, you submit your grant recommendation to the CFBC team via our online portal, which is then approved by our Board of Directors. Once approved, the grant is sent out to your requested grantee. We take care of tracking grantees, processing payments, and reporting. All of the joy of giving with none of the administration.