Funds

"When ending a day you
should never say
'I should have'
but rather say
'I did'."

-Unknown

Funds






The Marshall Community Foundation successfully meets the National Standards for U.S. Community Foundations administered by the Council on Foundations in Washington D.C. National Standards represents the highest measure of accountability and transparency in philanthropy.

Our Family of Funds

The Marshall Community Foundation’s “Family of Funds” offers a variety of gift opportunities including Endowed and Non-Endowed Funds.   Both types of funds are important to the Foundation.  Both are easy to gift, easy to establish. 

Endowed Funds

Endowments form a long–term foundation.  When the endowed fund is established, the principal is maintained and the investment earnings are used to grant awards or scholarships throughout the year.  This means… an endowment can last forever.  As we like to say, for good, for ever.

Endowed funds are also established for a variety of reasons, addressing a variety of needs.  They may support a designated area, may be unrestricted so they are used where the need is the greatest or oftentimes created in memory or honor of a loved one.

Non-Endowed Funds

Non-Endowed Funds allow for maximum flexibility.  When the non-endowed fund is established, the funds are not limited to the endowed funds spending policies/restrictions but rather placed in a liquid reserve to allow for 100% distribution.  They may also support a designated area, may be unrestricted, or provide a scholarship for deserving students.

Note: Donors can gift an existing endowed or non-endowed fund at anytime or may consider gifting through a will bequest or other planned giving tools.

    

     Community

     foundations...

     giving together

     for the

     greater good.

 

MARSHALL COMMUNITY FOUNDATION
614 Homer Road • Marshall, MI 49068 • Phone (269) 781-2273 • Fax (269) 781-9747 • www.marshallcf.org • email: info@marshallcf.org
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