TYPES OF FUNDS

You can make a greater impact with your charitable giving by developing a plan. We can help you design your plan and build a program that best suits your charitable intentions. Funds can be named for a particular individual, family or anonymously. Grants can be made to qualified organizations serving those in Oak Park and River Forest or anywhere in the United States. Call us at 708-848-1560 for a free consultation.

The Foundation accepts gifts of appreciated securities, closely held stock, real estate, cash, or other assets which can be sold and the proceeds deposited with the Foundation for one of the following purposes:

ENDOWMENT AND ANNUAL GIVING FUND:

The donor has the option of contributing to the Foundation's operating fund, endowment fund, or establishing a separate endowment fund to support the costs of a particular Foundation service or general operating expenses.

ADVISED FUND:

The donor makes recommendation to the Foundation's Board of Directors for charitable giving from the fund to support of charitable, cultural or educational programs that are of interest to the donor and that meet the policies established by the Board of Directors.

DESIGNATED FUND:

The donor recommends to the Foundation Board of Directors the charitable organization(s), program(s), or particular funding focus for which charitable gifts from the income of the fund are to be designated.

SCHOLARSHIP FUND:

The donor can specify the schools the young people come from or ones they are to attend. Scholarships can be for any level of education the donor specifies.

AWARD FUND:

Awards can be made anonymously or named for the donor. Awards can be for any type of activity the donor specifies.

FIELD OF INTEREST FUND:

The donor can establish the named fund designating a particular area of interest as broadly or as narrowly as desired.

AGENCY ENDOWMENT FUND:

Each year income from the fund will help support the activities and programs of the agency. Should a particular agency cease to do business, the Foundation will search for another organization providing similar programs.

ESTABLISH A FUND THROUGH A WILL:

Please click here for more information about establishing a fund through your bequest.

For more information on options such as charitable remainder trusts, charitable lead trusts, gifts of life insurance, pension plans and IRA's, or other forms of gifting, please call us at: 708-848-1560 or e-mail our Interim Development Director, Sandra Wilcoxon: DonorServices@oprfcf.org