Personal Funds for Giving
Each of the following options allows you to become part of an exciting community of donors. Our funds have been created by individuals, couples, families, businesses, private foundations, public charities, service clubs, associations, government agencies, and volunteer groups. They support causes throughout the six-county Rochester region and beyond. Many carry family names or honor loved ones’ memories, while other fund names are chosen to protect anonymity.

Endowment Funds
Endowment Funds are established to provide permanent support to a cause or organization.  Because grants are made only from returns generated by investing your gifts -- not from principal – you are assured that they will be there forever, providing help to our community.  Rochester Area Community Foundation offers a variety of endowment options for you to provide permanent support:
  • Contributions to the Community Foundation’s General Discretionary Endowment and 21st Century Fund support the Community Foundation’s evolving grantmaking priorities. This gives our community flexibility to meet urgent and changing needs for generations to come.

  • You may also establish your own Discretionary Fund.  By establishing a discretionary fund in your name or in the name of someone you wish to honor, you help meet our community’s changing needs in a very special way by helping to support our evolving grantmaking priorities.

  • Through a Field of Interest Fund, you ensure permanent support for your favorite charitable interest, such as the environment, the elderly or education.  Specific recipients of support will vary through the years as outstanding programs are identified by the Community Foundation’s grantmaking professionals.

  • By establishing a Designated Fund, you provide permanent support to one or more of your favorite nonprofit organizations.  The fund can be in your name or the name of the organization you choose to support. Nonprofit organizations may also establish an Organizational Endowment Fund for their own ongoing support.

  • A Donor Advised Fund gives you maximum flexibility in your philanthropy, allowing you to recommend grants that support any nonprofit organization or cause.

  • You can endow a Scholarship Fund  in your name or the name of a loved one to help students attend college or other qualified educational institutions.  You may choose the specific criteria for selecting recipients -- to help students attend a particular school, pursue a given course of study or go on to college from your high school or home town.

An endowed fund may be established with as little as $2,500.  Please contact our office for more details.

You may also establish a Supporting Foundation, which allows you to take advantage of significant tax savings through affiliation with Rochester Area Community Foundation while maintaining a distinct identity. The board of directors of the supporting foundation controls its investments and may develop and control the grantmaking process if desired.

A Supporting Foundation may be established with a contribution of $2 Million.


Non-endowed Funds
We also know that there are times when an endowed fund is not the most appropriate vehicle for your charitable goals.  We offer the following options for your current giving needs:
  • Charitable Investor FundSM  is a donor-advised fund from which both income and principal may be spent. This fund offers a choice of investment blends to compliment your grantmaking plans.  You may name a successor advisor for one additional generation; then any balance will support general community needs in the fund name.

    A Charitable Investor FundSM may be established with an initial gift of $25,000 and may make grant distributions from income or principal of $250 or more.

  • Our Charitable Checking AccountSM allows you to make a tax-deductible gift of appreciated assets or cash (often at year-end) and then direct the Community Foundation to issue checks to your favorite nonprofit organizations at your convenience.  You have the ease of making one gift for many purposes while reducing your paperwork.

    A Charitable Checking AccountSM may be established with an initial gift of $10,000 and may make grant distributions of $250 or more.

Rochester Area Community Foundation - 500 East Avenue - Rochester, NY - 14607-1912
(585) 271-4100