Decide When to Give
You can create your fund now, establish it in your will, or create it through a trust arrangement that benefits your family as well as charity. You may give in honor of an anniversary, to celebrate a special event or to support a cause. Tax deductions are earned at the time of your gift, while grants awarded from your fund will continue into the future.
Decide What to Give
Almost any kind of asset can be used to start your funds, such as cash, publicly traded securities, closely held stock, interests in limited partnerships, real estate, life insurance and private foundation assets. We can also discuss other options with you, such as bequests, charitable remainder unitrusts, charitable remainder annuity trusts and charitable lead trusts.
Choose a Type of Fund
We offer a variety of funds that are flexible to meet our donors’ different charitable interests. Learn more about the different types of funds here.
- Unrestricted Community Funds
- Field of Interest Funds
- Donor Advised Funds
- Scholarship Funds
- Agency Endowments
- Designated Funds
Choose the Name for Your Fund
Most of our funds are named for the donor (individual, family, business, association or organization) or as a memorial to someone special. Every grant from the fund will carry this name. If you prefer anonymity, you may choose a name that reflects your fund’s charitable purposes.
Endowing Your Nonprofit
The Community Foundation can help you decide whether an agency endowment fund is right for your organization. Establishing an endowment lets donors know that the fund’s principal will not be spent and can grow over time, providing long-term income. Donors can contribute directly to your endowment through The Foundation.
Other benefits from placing your fund with The Foundation include oversight from an investment committee comprised of local professionals and increased visibility among potential donors to the endowment. By placing your endowment with The Foundation, you can focus on your agency’s mission, rather than investment management or fund administration.
The Community Foundation's Endowment Partners are:
- Senior Services for South Sound
- Senior Services for South Sound-STARS Program
- Thurston Community Television
- Thurston County Retired Teachers
- United Way of Thurston County
- Washington Center-Andy Crow Wurlitzer Organ
- YWCA of Olympia
- Chehalis Activators
- Concern for Animals
- Hands on Children’s Museum
- Mason General Hospital Foundation (Treasures Thrift Store)
- Masterworks Choral Ensemble
- PARC (Parks, Arts, Recreation & Culture) Foundation