Types of funds

We facilitate the creation of funds by individuals, families, nonprofit groups, businesses, and others to help them achieve their charitable goals.

  • Donors can make gifts of any size to the Utah Fund, a general endowment for the improvement of life in our state. These funds are directed by the Board of Trustees.
  • Donor Advised Funds give donors the security of skilled financial management, flexibility and control of guiding their gifts. The grant making procedure is simple and tax beneficial.  For families, DAFs are a great way to instill and nurture philanthropic values.
  • Businesses can facilitate their charitable giving though Corporate Advised Funds managed by the Foundation.
  • Our Field of Interest funds facilitate collaborative giving to make a profound impact on complex problems.  Donors join together to learn about their shared cause, and work with experts and foundation staff to make collaborative grants.
  • Donors can create restricted endowments  to a particular charity named by benefactor.
  • The Foundation can help nonprofits establish organizational endowments.
  • We support emerging organizations or immediate needs through Fiscal Sponsorship.
  • Scholarships and memorial funds are two additional areas where our community foundation provides  services which are difficult to administer.
  • Donors can place funds in a separate foundation where grants are directed by a board appointed by both the donor and the community foundation.  The assets of these Supporting Organizations are kept separate from the community foundation to allow for different investment and governance policies.
 
 
 
 
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