Starting a Fund

It is easy to help your client establish a named charitable fund, and the task can be completed in less than a day.

  • First, decide what type of contribution the client would like to use to establish the fund. A donor can contribute cash, securities or other property which has been approved by the Blue Mountain Community Foundation.
  • Select a name for the fund. Clients can use their own name, the name of a family member, a business or a name they invent.
  • Select a fund type. If choosing a donor-advised fund, designate current fund advisers, such as the client and spouse, and successor advisers, such as children.
  • Complete and sign our New Fund Form.

Once a fund is established, donors may:

  • Add to the fund at any time in any dollar amount.
  • Specify how grant disbursements are to be acknowledged: in the name of the fund or anonymously.
  • If a donor-advised fund has been established, the donor may recommend distributions from their fund to local charities.

To get started, discuss a specific client situation or outline various giving options, please contact us for more information.