Create a Fund

DAFs are the most popular fund type we offer, acting as a charitable checking account tailored for your philanthropic goals. With a Donor Advised Fund, you can contribute various assets—cash, stock, and non-cash items—while enjoying an immediate income tax deduction. You have the flexibility to recommend grants to the causes that resonate with you the most.

Designated Funds offer donors the unique opportunity to establish a named fund dedicated to supporting specific organizations, ensuring your philanthropic vision continues for generations. Like annual contributions, Designated Funds allow your charitable gifts to support the organizations that mean the most to you, with the flexibility to choose one or multiple organizations and determine the allocation of funds.

Field of Interest Funds empower donors to focus their philanthropy on the causes they care about most. By establishing this type of fund, you can support a wide range of organizations and projects within McHenry County that align with a specific purpose or population. Our knowledgeable team uses insights into current needs and initiatives to ensure your contributions have the greatest impact.

Scholarship Funds provide a meaningful opportunity for individuals, organizations, or families to help students achieve their educational goals. Whether supporting a two-year college, four-year university, certificate program, or private high school, scholarships can be tailored to fit various needs and aspirations.

Agency Funds provide nonprofit organizations with a sustainable way to manage and grow their charitable resources. By establishing an Agency Fund, organizations can benefit from The Community Foundation’s expertise in fund management while ensuring a steady stream of support for their mission.