Field of Interest Fund
Support a specific issue.
Connecting personal values to high-impact opportunities.
A Field of Interest Fund designates and supports a particular area of charitable interest. Examples include, but are not limited to, seniors, youth/children, health, environment, and art.
The Midlands Community Foundation provides a portfolio of options that enable donors to contribute to the ongoing needs and operational budgets of worthwhile organizations and causes. One of those options, the “Field of Interest” Fund, allows donors to designate and support a particular area of charitable interest.
Examples of Field of Interest Funds include, but are not limited to, youth/children, education, health, elderly and disabled, arts, literature, culture, recreation and entertainment, community support, economic development, environment, conservation and animal welfare.
A Field of Interest Fund offers a number of benefits, including:
- Flexibility: There is no limit to the list of areas that an individual can support. The donor can contribute to an existing Field of Interest Fund; or with the required minimum contribution, the donor can name the area of interest and an endowed fund can be created to benefit that particular field.
- Locality: A Field of Interest Fund can be established within a particular county or community.
- Specific Focus: A donor can name a general area for support, such as troubled youth, or choose a more specific focus, such as drug abuse counseling or prevention of teen pregnancy. Donors can create a fund to benefit the arts, or further narrow the purpose to support training for disadvantaged young artists.
- Adaptability: A Field of Interest Fund keeps up with the times. For example, the arts will always depend on private philanthropy and the welfare of young people will always be a concern. But as times change and new programs are developed, Field of Interest Funds will adapt to meet contemporary needs rather than tie donor contributions into a few specific charities.
- Potential for Growth: Any individual or organization can contribute any amount to an established Field of Interest Fund. By combining Field of Interest donations into a larger pool, the fund is expanded to provide even greater benefits.
- Legacy: Unlike one-time donations to specific organizations, Field of Interest Funds continue to grow and support the particular field of interest year after year. All contributions to a Field of Interest Fund are added to the principal of the fund and will continue to benefit the intended charitable cause into the future.
With a Field of Interest Fund, the maintenance is left up to us. Our staff continually monitors changing community needs so that you can be sure grants made in the name of your fund make the most impact in your field of interest and create your personal legacy of giving.
We’d like to tell you more about Midlands Community Foundation. Call 402-991-8027 or e-mail info@midlandscommunity.org.