Types of Funds

Personalized service. Regional expertise. Community leadership.

The Fort Scott Area Community Foundation makes giving easy, flexible and effective, accepting a wide variety of gifts and providing donors the greatest flexibility. You can contribute cash, stocks, property and bequests. You may establish an unrestricted, field of interest, designated or donor-advised fund in your name or in the name of a loved one. Your gift will gain maximum tax advantage.

The Board members, of the Fort Scott Area Community Foundation, have an in-depth understanding of the issues, opportunities and resources that shape the southeast Kansas area. They monitor all areas of community need - including human services, education, the environment, healthcare, the arts and economic development. We can help you learn more about community agencies and programs that make a difference in areas you care about most.

We invest in the long term and bring people and organizations together, convening diverse voices to address issues and opportunities of common concern throughout the area. Our business is building community. And you can help.

GIVE NOW

If you want to establish a fund now and see your charitable dollars at work, creating a fund provides the satisfaction of giving while simplifying transactions and record keeping. You can use your fund to support charities in southeast Kansas or anywhere in the country.

Donor-Advised Funds. You can have ongoing involvement in the use of your gift. We help you identify ways to use dollars from the Donor-Advised Fund you establish to address the issues and needs you care about most. Your recommendations are submitted to the Fort Scott Area Community Foundation board for approval and we then distribute grant dollars.

Unrestricted Funds. Your gift can address ever-changing community needs - including future needs that often cannot be anticipated at the time your gift is made. Your fund can support all aspects of community well-being - arts and culture, economic development, education, environment, health and human services, neighborhood revitalization, and more. The flexibility of your unrestricted gift enables you to respond to the community's most pressing needs, today and tomorrow.

Field of Interest Funds. You can target your gift to address needs in an important area of community life. Arts. Aging. At-risk youth. You identify your personal interest area when making your gift.

Scholarships. You can invest your gift in our community's future and show students you care, all with the guidance and personal services of your community foundation. You determine the criteria students must meet to receive the Scholarship you establish. With your assistance, students achieve their academic and career-oriented goals-from preschool to postgraduate work.

Designated Funds. You can direct your gift to a specific nonprofit organization or purpose. Help provide ongoing funding for a senior center, museum, or virtually any nonprofit charitable organization. Nonprofit organizations can use a Designated Fund through the Fort Scott Area Community Foundation to build an endowment and enhance their ability to accept large and complex gifts.

GIVE LATER

The Fort Scott Area Community Foundation will work with you and your professional advisor to create an estate plan that will support your charitable wishes beyond your lifetime.

Bequest. You can designate a gift or portion of your estate to the Fort Scott Area Community Foundation and, in some cases, receive a substantial reduction in federal gift and estate taxes.

Charitable Gift Annuity. You can make a gift of cash or property to the Fort Scott Area Community Foundation, get immediate tax benefits, and ensure that you or a loved one receive fixed quarterly or annual income payments for life.

Charitable Remainder Trust. You can place cash or property in a trust that pays annual income to you (or another named beneficiary) for life. After your death, the remainder of the trust transfers to the Fort Scott Area Community Foundation, and is placed in a charitable fund you've selected. You receive income tax benefits the year you establish your trust.

Charitable Lead Trust. You can place cash or property in a trust that pays a fixed amount to the Fort Scott Area Community Foundation for the number of years you select. Once this period ends, the assets held by the trust are transferred to the beneficiaries you name. In some cases, you receive a substantial reduction in federal gift and estate taxes.