The foundation is the caretaker of donor funds that will continue to favorably impact the community in perpetuity. Unless otherwise specified, the endowed funds are held in trust permanently, with only the income being distributed for the charitable purposes defined by our donors.

Several types of funds can be set up within the Foundation by donors. Indeed, they can name the fund that they endow for themselves, a spouse or family member, a company or special friend. Fund names can convey a specific goal or purpose and often hold a special meaning for the donor.

Annual financial audits and reports to donors ensure the Foundation’s integrity with regard to its sound financial practices and charitable goals. The maximum tax advantages provided by law are possible with contributions to the Community Foundation of Lincoln County.