Types of Funds

family outdoors

  • Community Impact Funds
    When you establish a Community Impact Fund, your gift can address a broad range of local needs — including future needs that often cannot be anticipated at the time your gift is made. We evaluate all aspects of community well-being: arts and culture, economic development, education, environment, health and human services, neighborhood revitalization, and more. The flexibility of this unrestricted gift enables your community foundation’s program experts to respond to the community’s most pressing needs, today and tomorrow.
  • Donor Advised Funds
    Establishing a Donor Advised Fund allows you to make a gift to your community foundation, then remain actively involved in suggesting uses for your gift. You can work with the community foundation’s professional program staff to suggest ongoing uses for the fund — targeting the issues you care about most. Grant awards are issued to charities in the name of the fund (or anonymously if you prefer). It’s a simple, powerful, and highly personal approach to giving.
  • Field of Interest
    By establishing a Field of Interest Fund, you can target your gift to address needs in an important area of community life. Arts. AIDS. Aging. At-risk youth. You identify your personal interest area when making your gift; our board awards grants to community organizations and programs that are making a difference in the area you select. Your gift stays flexible enough to meet community needs in your interest area — even as they change over time.
  • Designated Funds
    Helping sustain and grow local social-profit organizations Establishing a Designated Fund allows you to support the good work of a specific nonprofit organization — a senior center, museum, or virtually any nonprofit charitable organization. Because it’s given through your community foundation, your gift provides the organization you select not only funding, but planned giving and investment management services and the power of endowment.
  • Acorn Funds or Seed Funds
    Acorn Funds are designed for individual donors who wish to build their endowment over time. The acorn fund is started with a $1,000 minimum amount and must reach $10,000 in 5 years before it has a distribution and matures into a fully funded endowment. It is called an acorn fund because, just like an acorn, oak trees start small and grow with time.
  • Legacy Society
    CFNLC recognizes donors who have made arrangements through their estate planning (such as a bequest, a trust, a retirement plan, insurance policy or some other form of deferred gift) that support the Community Foundation. Since estate gifts are often made after the donor’s death, the Legacy Society allows the Community Foundation to recognize those individuals who are planning to make a difference in this community in perpetuity.
  • Scholarships
    Rewarding deserving students In creating a Scholarship, you invest in your community’s future and show students you care. Your community foundation provides the expertise to help you meet your personal goals and awards Scholarships to deserving students. Your gift can help students — from preschool to postgraduate — achieve their lifetime dreams.

A list of existing funds to which you can donate:

  • City of Houghton Fund
  • City of West Point Parks & Rec. Fund
  • Community Foundation of North Lee County Community Impact Fund
  • Community Foundation of North Lee County Memorial Fund
  • Community Service of Fort Madison Fund
  • Donnellson Vision, Inc. Endowment
  • Friends of the Community Foundation of North Lee County Endowment
  • Friends of the Community Foundation of North Lee County Fund
  • Fort Madison Area Arts Association Endowment
  • Fort Madison Area United Way Endowment
  • Fort Madison Community Hospital Foundation
  • Fort Madison Iowa Rotary Charity Fund
  • Fort Madison Public Library Foundation Endowment
  • Fort Madison School District Foundation Endowment
  • Fort Madison School District Foundation Scholarship
  • Fort Madison YMCA Endowment
  • Gethsemane Cemetery Foundation Fund
  • Holy Family Parish General Endowment
  • Holy Trinity Catholic Schools Educational Foundation Fund
  • Holy Trinity Catholic Schools Educational Fund Capital Improvement Endowment
  • Holy Trinity Catholic Schools Educational Fund Music Endowment
  • Holy Trinity Catholic Schools Educational Fund Teacher Benefits Endowment
  • Holy Trinity Catholic Schools Educational Fund Technology Endowment
  • Holy Trinity Catholic Schools Educational Fund Tuition Assistance Endowment
  • Hope Haven Endowment
  • Lee County Charitable Endowment
  • North Lee County Historical Society Endowment
  • PAWS – Protectors of Animal Welfare Fund
  • St. Mary’s Catholic Church Endowment (West Point, IA)
  • Three Rivers Conservation Foundation Endowment
  • West Point Public Library Endowment
"Our fund allows us to support programs that enhance the lives of children, individuals, families and businesses."

Read more

Refer a friend to us

Know someone who would benefit from the expertise of our financial professionals at the Community Foundation? Refer them to us now!

Did You Know?

By 2020, the country will need 1.2 million more nurses to accommodate the aging population. The Quad Cities will need 50 new instructors to meet the needs of the local nursing students entering this field work. We are working together to fill these gaps.
Read more