Steps to Create a Fund
- Determine the needs to be met and/or community issues important to you.
- Review our Types of Funds below - Agency Fund or Donor Designated Fund - to consider the best structure to help you achieve your charitable goals.
- Contact us to provide you the correct paperwork to establish your Fund. Call 512-863-4186.
- A Donor Designated Fund requires CTCF Board approval, so additional documentation may be requested.
Funds for nonprofit organizations (established or in the incubator stage)
Nonprofits approach CTCF at different of stages in their lifecycle: Startup, Expansion or Sustainability. Chisholm Trail Communities Foundation may be the right partner to gain economies of scale, reduce overhead expenses and/or invest resources for the long-term.
Does your organization have projects in one or more of the categories below?
Startup - a need in the community has been identified and the group is either recently established or trying to establish a pilot program;
Expansion - the program(s) and fundraising of the nonprofit have expanded such that the group has substantial operational reserve that could be better leveraged by placing them at market risk;
Sustainability - A donor wishes to give a gift that will be set aside for a particular purpose. This could be a true endowment with restrictions (determined by the donor and nonprofit) or a quasi-endowment that is more flexible. Regardless, it is a long-term gift that will be placed at market risk with the intent to provide a return on the investment.
Agency Fund
A Fund to set aside financial resources for a particular goal or project in the future.
Donor Designated Fund
A Fund established to support a particular need or cause that has been identified in the community.