Monthly Archives: October 2023

Leave a Legacy: Create a Fund

As many of us go through life, we wonder: what will I leave behind? Will I be remembered for anything great? Will my time on this earth have made anyone’s life better? I’ve worked hard all my life, what can I do with my money that will count for something important?

One way you can assure leaving behind a legacy is by starting a charitable fund. The LaGrange County Community Foundation offers a range of charitable funds that allow individuals, families and businesses to choose the best way to accomplish their philanthropic goals.

Our funds are simple to establish and the Foundation will work with you to find the right type of fund. We manage more than 150 funds, each with a specific charitable purpose.

Here are different types of funds you can start:

Field of Interest Fund:¬†A field of interest fund allows you to support your favorite causes or issues while relying on the Foundation’s knowledgeable staff to identify nonprofits that make the greatest impact in that area.

Donor Advised Fund: A donor-advised fund allows donors to make a charitable contribution, receive an immediate tax benefit and then recommend grants from the fund over time.

Designated Fund: A designated fund allows you to create a permanent stream of income for a nonprofit organization of your choice in LaGrange County. This is a great option if you want to help provide sustainability to an organization.

Scholarship Fund: Scholarship funds help support college-bound students in their effort to attain higher education.

Unrestricted Fund: Unrestricted funds give the Foundation flexibility to meet community needs for new programs, emergencies and innovative ideas.

Agency Fund: An agency fund is established by a nonprofit organization to support its sustainability.

If you are unable to start a charitable fund, you can still make a difference by supporting an existing charitable fund. Gifts of all sizes are valued and help support a thriving LaGrange County.

We appreciate the legacy that you are giving to future generations of this community!