York Community Foundation Endowment Funds
There are 7 types of endowed funds at the Community Foundation.
Fund for York County & for Greater Hanover
The Fund for York County is our fund that can most flexibly address the county’s greatest needs. The Fund for Greater Hanover addresses the Hanover area’s most pressing needs. These community needs are determined through research-based analysis and become our high-impact initiatives.
We then award grants that support these initiatives and cumulatively create a positive impact on the community. Committees consisting of community members and Community Foundation Board Directors then distribute grants to nonprofits who will carry out this change.
Field of Interest Funds
Our eight Field of Interest Funds allow you to either donate ANY amount of money that will be added to the fund endowment or create your own named fund within one of the established fields of interest. Committees consisting of community members and Community Foundation Board Directors then decide where the greatest need within the field of interest is and distribute grants accordingly.
Donor Advised Funds
Creating a Donor Advised Fund allows you, your family or your company to make a gift to the Community Foundation, then remain actively involved in recommending grants from this endowed fund.
Designated Funds
Establishing a Designated Fund allows you to give to the charitable organizations you are passionate about forever. You choose one or more nonprofit organizations to receive annual gifts from your named fund and then the Community Foundation ensures that their work is supported forever.
Scholarship Funds
Through the Community Foundation, you can establish a fund that provides a scholarship related to a specific field of study or school district. YCCF is able to serve as partners with schools in the selection and distribution of these scholarships.
Nonprofit Agency Endowments
An Agency Fund is established by a nonprofit organization (or individual on behalf of that organization) that resides under the stewardship of the Community Foundation. The Fund benefits that organization in perpetuity. Your gift in any amount to an established Agency Endowment Fund provides that nonprofit with a gift that will forever be used for the organization’s well-being as determined by their board.
Private Foundation Funds
By creating a Donor Advised Fund at the Community Foundation with your Private Foundation dollars, you have the administrative and grantmaking expertise of YCCF at your disposal. You retain control of grantmaking decisions but are able to tap into additional knowledge about issues and organizations in York through the professionals at YCCF. Your foundation’s identity will be preserved, while making future grants in accordance with your founder’s original charitable intent.
