YOUR COMMUNITY FOUNDATION FAQ

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Your Community Foundation is a charitable, tax-exempt, non-profit organization that helps provide support to and improve the quality of life in Allen, Bourbon, and Anderson Counties. We assist our donors in achieving their philanthropic goals and creating enduring legacies through permanent endowments and other charitable instruments. A portion of the interest made on each fund is used for grant-making within the community to other non-profits and projects selected through our application process.

An endowment fund is a permanent fund in which the principal contributions gifted to the Foundation are not spent. Your monetary contribution is invested, and only a portion of the interest earned is available for grant-making. An endowment fund will ensure your donation has a lasting impact on generations to come.

This fund is a temporary fund that functions similarly to a checking account. It earns very little interest on the amount that is held. With this fund, the entire amount can be withdrawn through grants. Since it doesn’t grow like an endowment, the fund will depreciate. There are also fewer tax advantages for a pass-thru fund. 

Donations are accepted from any donor that is willing and able to give. Every donation counts, no matter the size.