Charitable instruments information, pdf--click here
Donor gifts may be directed as:
Unrestricted Funds
Designated Funds
Donor Advised Funds
The appropriate designation for wills, trusts, life insurance policies and life income arrangements is "the Story County Community Foundation".
Support an unrestricted fund
These funds may be expended at the discretion of the foundation's board of directors to meet whatever charitable needs and opportunities deserve community priority. To accomplish this, unrestricted gifts may be designated as follows:
"...My gift shall be used at the discretion of the Story County Community Foundation for the purposes and objectives for which the Foundation was created and exists."
When you establish an Unrestricted 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. The Story County Community Foundation evaluates all aspects of community well-being: arts and culture, economic development, education, environment, health and human services, youth and the elderly, neighborhood revitalization, and more. The flexibility of your unrestricted gift enables your community foundation's program experts to respond to the community's most pressing needs, today and tomorrow.
Support or Establish a designated fund
Donors with interests in a particular charitable organization, community or program can designate the benefits of their gift to that charitable organization, community or program. The following wording may be used:
"...My gift shall be used at the discretion of the Story County Community Foundation for the benefit of the (name of the charitable organization, particular community or program)."
Support or Establish a Field of Interest Fund
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.
Support or Establish a Scholarship
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.