Clark County Community Foundation Inc.                          46-4242715 301 N Main St  PO Box 116  Loyal WI  54446                              WI Charitable Org No. 15617-800 Ph:  715-937-6167         A 501(c)(3) tax-exempt nonprofit organization
Updated November 4, 2019
Endowment Funds provide financial support for your favorite charities ~ now and in the future.    Consider these factors to help you decide what type of endowment fund reflects your personal charitable giving goals and wishes.    •	What amounts will you initially donate? •	Do you anticipate making additional gifts to the fund? •	What criteria (if any) will be associated with the fund? •	How involved do you want to be with annual distributions? •	Do you want to involve family members in the gift process? •	Do you want to support a specific charity / organization or add to an already established fund?  Administrative fees will be assessed.    Endowment Funds  Restricted * Minimum commitment of $10,000 from an individual, family, or group of any kind   Donor Advised Funds allow the donor(s) to be actively involved in annual distributions from the fund they create.  Donors accomplish this by naming one or more persons to be Fund “Advisors” who will work with the Foundation’s Grant Committee each year.      Donor Advised Funds may allow a specific grant application process in addition to suggesting which organizations or projects to will receive funding.      Administrative fees will be assessed.    Restricted Donor Advised Funds (Endowed)       Want to start an Endowment Fund, but you don’t have $10,000 to contribute yet? Stepping Stone Funds may be the answer.    Together, the Foundation and donors develop a plan to build their initial donation into an endowed fund of $10,000 or more.   Contact the CCCF if you have any questions about a Stepping Stone Fund.   ​  No Administrative fees are assessed to Seedling Funds-  until they reach the  $10,000 minimum balance.  Stepping Stone Funds  (working towards Endowment Fund Level)   Restricted  Unrestricted * Donations of any amount are accepted by this Fund.  The Clark County Community Fund provides financial support to a wide variety of needs and projects that are relavent and meaningful to Clark County WI.  Awards will generally focus on the identified (more pressing and basic) needs of our communities.    Grant applications for this Fund will be reviewed annually by the Foundation’s Grant Committee who then make their recommendations to the Board of Directors.  Final distributions are approved by the Board and made at their sole discretion.   Donations specifically directed to the Community Fund, as well as any donation received without any designation, are placed in the Clark County Community Fund.                                 Clark County Community Fund * Donations of any amount are accepted by this Fund.  The Clark County Community Scholarship Fund provides financial support to graduating high school students who have a permanent residence within Clark County WI and who are pursuing an education beyond High School.     The amount and number of scholarships awarded annually from this fund are dependent on the dollar value of funds at the time scholarships are awarded and at the recommendation of the Investment / Finance Committees.  Like the Clark County Community Fund, scholarship applications are reviewed annually by the Foundation’s Scholarship Committee who then make their recommendations to the Board of Directors. All  Community Scholarship Fund disbursements are approved by the Board and made at their sole discretion.    Unrestricted Clark County Community Scholarship Fund * Minimum commitment of $10,000 from an individual, family or group of any kind, is necessary to create a Designated Fund.  Designated Funds are created by donors (usually individuals) who want to specify one to three specific charitable agencies or organizations to receive distributions from their gift to the Foundation.  All distributions from Designated Funds are made to the specific charitable agencies or organizations that were selected by the initial donors who created the Fund.   Administrative fees will be assessed.    Restricted Designated Funds      There may be situations where organizations or projects meet the requirements of outside (other foundations, government grants, etc.) funding opportunities, but they are not a 501(c)(3) organization.  In these cases, the CCCF may be able assist with that application process, and "pass the funds through" to the organization or project by entering into a Fiscal Sponsorship Agreement.  Contact the CCCF if you have any questions about Pass-Through Funds.   ​  Administrative fees or income earned on funds while in the Foundation's custody will be assessed.   Restricted Pass-Through Funds (Not Endowed)  *Minimum commitment of $10,000 from an individual, family or group of any kind  A Field of Interest Fund supports a subject, interest or other charitable cause that is important to the donor.     Examples of field of interest type funds focus on the needs of, or promote the advancement of these areas:  Agriculture​ Arts / ​Cultural / Historic Citizens / Communities Education (not scholarships) Environment Recreation Youth / Seniors Citizens    (Administrative fees will be assessed)    Restricted   Field of Interest Funds (Endowed)  * Minimum commitment of $10,000 from an individual, family or group of any kind Scholarship Funds enable donors to impact higher education opportunities for students of Clark County.  Donors may establish criteria (i.e. graduating from specific high schools, attending certain technical schools or universities, or entering certain fields of study) as part of the Scholarship Fund's eligibility requirements. Administrative fees will be assessed.        Restricted Scholarship Funds (Endowment)  * Comprised of donations from Giving Circle Donors at the minimum required amount (usually $100 per person) for a given Giving Circle cycle year.   Giving Circle Funds are created by a the Foundation for a specific purpose, with a minimum stated annual Donor contribution and predetermined guidelines for disbursement of accumulated funds.  A portion, if not all distributions are democratically voted on by current cycle Giving Circle Donors.  All distributions will be for eligible charitable  or other nonprofit organizations, upon approval of the Foundation’s Board of Directors.   Accumulated funds are distrubted at least annually.  Each Giving Circle cycle is accounted for separately from all other Giving Circles and or cycles of the same Giving Circle.   (Administrative fees will be part of the annual allocatioan of disbursments.    Unrstricted  Giving Circle Fund   It’s easy to start a fund that matches your charitable giving goals and supports activities, causes or interests that are important to you.   View the Example Fund Agreements at the “About Us - Corporate” website tab then contact the Foundation or your financial advisor and start the discussion.  Let’s get your questions answered!    Start an Endowment that  supports your giving goals
Copyright 2013-2019 Clark County Community Foundation Inc.  -  All Rights Reserved
Types of Funds