Donors create new funds at KZCF

KZCF donors established 14 new funds since the summer issue of Update. These include Unrestricted Funds, Advised Funds, Designated Funds and Field-of-Interest Funds, some of which were planned estate gifts.

Unrestricted
Unrestricted resources address current community needs and invest in the work of local nonprofits that are collaborating with others to make long-term, community-transforming change:

  • Barbara S. Beal Fund
  • Robert C. & Janet C. Claflin Fund
  • William & Patricia Parker Community Fund
  • Dan & Judy Smith Fund

Advised
Advised Funds are convenient, flexible tools for donors who want to make a gift to KZCF and be actively involved in suggesting how it’s used within Kalamazoo County
or beyond:

  • Dr. Mark & Dr. Jeanette Meyer Fund
  • Mirthwood Fund
  • Eli Verne Memorial Fund

Designated
Designated Funds benefit a specific nonprofit, educational institution or faith-based organization. Individual donors or the organizations themselves may establish these funds:

  • Dominic & Barbara Court Family Animal Welfare Fund
  • John Hilliard Endowment Fund for Lending Hands of Michigan, Inc.
  • Vicksburg Community Schools Foundation Brennan Hamilton Memorial Scholarship Fund (under development)
  • Jennie Timmerman Veldt Scholarship Fund

Field-of-Interest
Field-of-Interest Funds enable donors to focus their giving on the community issues or causes they care about most:

  • Marian C. Clark Animal Welfare Fund
  • Friends for All Seasons Fund
  • Community Urgent Relief Fund

For a complete list of KZCF funds, click here. To learn more on how to open a fund, contact a Donor Relations Officer at 269.381.4416.

 

Click here to read the full issue of our latest Update newsletter as a digital magazine where this article was featured. 

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