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GIFT IX is here! All donations made to Stronger Together Funds are matched 2:1.

Start a New Fund

The Community Foundation has the expertise, flexibility and means to help donors realize their goals for giving back. Whether you want to support a single organization, support a cause that’s important to you, or just help make our community better, we can work with you to create that impact. One of the prinicple tools we use are our funds.

Funds at the Community Foundation are the way we structure our work. Each fund is started by a donor for a specific charitable purpose, and grantmaking from the fund supports that purpose. It’s like an independent nonprofit under our larger umbrella. Each fund is maintained separately in our accounting, but the assets are pooled for investment purposes. HCCF funds can be structured in one of two ways: either permanent (endowed) or non-permanent (pass-through). While an endowed fund allows for the maximum long-term, sustainable financial impact for the recipient, a pass-through fund is appropriate to fund either a short-term project or a charitable organization that has not yet achieved its 501(c)(3) status.

HCCF is here to help donors find the best way for them to give back to the community they care about. Each option below offers the donor varying degrees of participation in the future grantmaking of the fund.

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Eichenberger Family Legacy Fund
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Comer Family Legacy Fund

Unrestricted Funds

I want to leave a lasting impact on Hendricks County.
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Harold Schooler & Virginia Schooler Morrison Memorial Fund to beautify Plainfield

Field of Interest Funds

I care about a certain area or community in Hendricks County.
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Jackie Eggers Memorial Fund for Children

Designated Funds

I want to make an impact on a specific organization forever.
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Brownsburg Parks Foundation Fund

Charitable Organization Funds

I represent a nonprofit, and we’d like to create an endowment to benefit our organization now and into the future.
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David H. Kiebach Smile Fund

Donor Advised Funds

I want to participate by making recommendations for grants each year.
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HCCF Scholarship Reception

Scholarship Funds

I want to help Hendricks County students get a degree or certification.
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Farmers and Hunters Feeding the Hungry Fund and the Hendricks County Food Pantry Coalition Fund

Fiscal Sponsorship Funds

I’ve got an idea for a nonprofit, but I don’t know where to start.

We would love to talk to you about starting your own fund here at the Community Foundation!

Call William at 317-268-6240 or email him at william@hendrickscountycf.org.

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A Field of Interest Fund is typically established to provide support for a specified charitable purpose (e.g., cancer research, the arts, public schools, impoverished children), with no future advice or recommendations from the Donor (or any persons designated by the Donor). Grants are made by the Community Foundation to address needs within the field of interest, today and tomorrow.

A Designated Fund typically is established to provide support for a specified public charity (e.g., the local women’s shelter, hospital, or arts organization), with no future advice or recommendations from the Donor (or any person designated by the Donor). Grants are made annually, directly to the organization. Designated funds can be used by a donor to provide support forever to a cherished organization, church or other nonprofit.

A Charitable Organization Fund typically is established by a nonprofit 501(c)(3) organization or public charity (the “Agency”) to provide support for Agency’s exempt purposes, as recommended by the Agency. The Agency’s recommendations must be advisory only, and the Community Foundation must be free to reject any recommendations.

A Donor Advised Fund typically is established to provide support for various charitable and similar exempt purposes recommended by the Donor or persons designated by the Donor to advise the Community Foundation. The recommendations must be advisory only, and the Community Foundation must be free to reject any or all recommendations. Allows the donor to be involved in grant recommendations and to support a variety of organizations. Due to tax law, no grants from donor advised funds may go to individuals, or to benefit an individual. Please see our current Donor Advised Funds Handbook for more information.

A Scholarship Fund typically is established to provide education scholarships to individuals. The Donor (or persons designated by the Donor) has the option to be involved in the selection process for recipients.

Learn more about our scholarship process and past recipients here.

HCCF Scholarship Fund Handbook

A Fiscal Sponsorship Fund typically is established to provide support for a specified charitable purpose, project or organizations. In this type of fund, HCCF assume responsibility for the administration and fiscal activities of the project, group, or organization. Often used for specific, short-term charitable projects, for efforts to develop a new nonprofit organization, longer-term projects to impact a chartable goal or field of interest, or an organization that needs back office services. Grants are made by the Community Foundation upon recommendation of identified individuals to address the identified project or organizational needs. Please see our current Fiscal Sponsorship Handbook or more information.