Individuals, families, businesses and nonprofit organizations can create a legacy that will benefit the community for generations to come. The types of funds that can be created are described below. To get agreement information for a particular fund, contact the Community Foundation.
Creating a Fund
There is no fee charged to set up a fund at the Community Foundation. Funds can be established with a minimum contribution of $5,000 ($25,000 for Scholarships). Donors have up to five years to build the minimum contribution amount. (Donors may contribute any amount to particular existing funds as specified. Find more information on existing funds.)
There are two primary types of funds to choose from: Permanent and Non-Permanent.
Permanent Funds
- Endowment funds are permanent and are intended to benefit Greene County forever.
- Fees for Permanent Funds typically are set at 1% of the average value of the fund. Scholarship Funds are charged an additional 1% (total 2%)
- A nominal fee is extracted from the interest generated from fund investments. This fee helps to cover administrative and management costs for the Community Foundation.
Non-Permanent Funds
- Non-permanent funds are intended to fulfill a specific, short-term need.
- Fees for Non-Permanent Funds typically range from 2% to 5% of the average annual value depending on various factors. Please contact the Foundation to discuss in more detail.
- A nominal fee is extracted from the interest generated from fund investments. This fee helps to cover administrative and management costs for the Community Foundation.
Types of Funds
Click on a fund in the list below to view more information about that fund.
Discretionary Endowment Funds (Unrestricted)
Field-of-Interest Endowment Funds
Donor-Advised Endowment Funds
Designated Endowment Funds
Agency Endowment Funds
Scholarship Funds
Donor-Advised Pass-Through Funds
Special Projects
Operating Fund
The information provided here is for general informational purposes only. The Community Foundation of Greene County, PA, strongly encourages you to seek counsel from a qualified legal, accounting, and/or financial advisor prior to implementing these concepts into your personal gift planning and/or philanthropic activity. For more information, please contact the Community Foundation at 724-627-2010.
To determine the method, or mix of methods, that make the most sense for structuring a gift through the Community Foundation of Greene County (Pa), this information should be reviewed with a competent financial, tax or estate planner.
The Community Foundation of Greene County (Pa) does not actively seek donations from outside of Pennsylvania. All information on this website related to seeking donations to The Community Foundation of Greene County (Pa) is void where prohibited by law.
The Community Foundation of Greene County is a nonprofit 501(c)3 organization that develops, manages and distributes funds for charitable purposes in the community. The official registration and financial information of the Community Foundation Greene County may be obtained from the Pennsylvania Department of State by calling toll-free, within Pennsylvania, 1-800-732-0999.
FLORIDA CHARITABLE REGISTRATION #CH54865. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE (800-435-7352) WITHIN THE STATE. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION BY THE STATE.
