Create a Legacy: Ways to Give

Legacy Funds

Donors make a gift that is invested in a permanent endowment and each year grants are awarded from the fund. A donor can establish one of the following types of funds within the Foundation and give it a name and purpose that reflects their philanthropic intentions. These funds remain in perpetuity and, thus, donors can continue to support those causes that have been most dear to them - causes that ultimately advance the mission of the Church.

Advised Fund – Grants are awarded to charitable organizations that are recommended by the donor and/or family member. These funds may be more favorable than starting a private foundation.

Field of Interest Fund – Grants are awarded in a particular charitable area recommended by the donor. The Foundation board makes sure it carries out the wishes of the donor.

Designated Fund – The donor specifies one or more charitable agencies or organizations to which grants are awarded.

Unrestricted Fund – The board is given full discretion in awarding grants based on the Foundation's priorities.

Supporting Foundations – A private foundation may wish to become a part of the Foundation.