What is a Designated Fund?
A designated fund is a way to support specific nonprofits for generations to come. Many donors recognize their annual gifts are a critical resource for the nonprofit organizations they support. Designated funds name specific nonprofits that are the beneficiaries of their grants and ensure that support in the donor’s name continues in perpetuity.
When is a Designated Fund Best?
Create a designated fund when you have supported select organizations for years and want that support to continue forever.