FUNDING THE GREATER GOOD
CHOOSE THE FUND THAT SUITS YOU
Anyone who chooses to give and give effectively, should consider their reasons for giving. Their goals for improving the quality of life and giving back to the community need to be planned in order to accomplish the end result. A plan should be created to reach these goals.
Acorn Funds
Provides an ideal stepping stone to philanthropy for those who wish to start a fund with less than $10,000.
- Initial Gift: Minimum $2,500 and thereafter in a period of 5 years
- Disbursement: 4% annually after 3rd year of growth
- Administrative Fees: No fees until minimum $10,000 is achieved
Donor Advised Funds
Donor recommends their gift be directed to any qualifying non-profit organization.
- Initial Gift: Minimum $10,000
- Disbursement: 4% of annual income after 3rd year of growth
- Administrative Fees: 1.25% annually
Designated Endowments
Donor identifies in advance the non-profit organization that will be the direct beneficiary.
- Initial Gift: Minimum $10,000
- Disbursement:
The principal is permanently invested with a disbursement of 4% of annual income after 3rd year of growth. - Administrative Fees: 1% annually
Field of Interest Endowments
Donor allows the LACF to use it’s own discretion to address the changing needs of the community.
Initial Gift: Minimum $10,000
- Initial Gift: Minimum $10,000
- Disbursement: 4% of annual income after 3rd year of growth
- Administrative Fees: 1% annually
Scholarship Endowment
Donor allows the LACF to use it’s own discretion to address the changing needs of the community.
- Initial Gift: Minimum $10,000
- Disbursement: 4% of annual income after 3rd year of growth
- Administrative Fees: 1.75% Annually
Family of Funds
- Donor Advised
- Designated Endowment
- Non-Profit Funds
- Community Outreach
