We offer an array of fund types to help you reach your charitable goals.
A Donor Advised Fund is a great option, but it might not be the best fit for you. Here are some of the other fund types at Adirondack Foundation.
Designated Funds allow you to specify particular charitable organizations that will receive the income from your permanent fund annually, providing perpetual ongoing support to your favorite causes. The minimum for grantmaking from a Designated Fund is $25,000. For many donors, this is an ideal way to endow annual giving to organizations they have supported over the years. It is especially popular among bequest donors who want their gift to keep on giving reliably, well into the future.
Scholarship Funds. You can help Adirondack students attain higher education by creating your own scholarship fund at Adirondack Foundation or by contributing to the Adirondack Scholarship Fund, administered by the Crary Foundation. The minimums for Scholarship Funds differ according to their complexity. Those that generate one grant annually to a particular school start at $60,000, whereas those that are highly targeted and require an allocations committee start at $150,000. Gifts of any size may be made to the Adirondack Scholarship Fund, which makes grants based on motivation and need.
Unrestricted Fund (Meet Changing Needs of our Community)
Donors who establish Unrestricted Funds allow Adirondack Foundation to identify needs and opportunities in the community and direct grants where they will have the greatest impact. The minimum for a named permanent Unrestricted Fund is $25,000. Gifts of any size are very welcome to the Generous Acts Fund, through which Adirondack Foundation addresses unmet needs throughout the region.
Geographic Field of Interest Fund
Perhaps you know which type of charitable activity or a specific place you want to support, but don’t want to limit your grantmaking to one specific organization. You can set up a Field of Interest Fund that targets the purpose or place you have in mind. Permanent Field of Interest Fund minimum is $25,000.