Are you ready to put your client’s ideas into action? In five simple steps, your client’s charitable journey with WCF can begin.
Step 1: Choose a type of fund
Step 2: Decide what type of gift to make
Step 3: Determine the longevity of the gift
After your client decides what type of fund they’re interested in, they must determine whether the gift (with the exception of an Unrestricted Fund gift) will be endowed or non-endowed. We’re happy to help your client decide whether they want the gift to last forever, or if their intention is to make an immediate, yet short-term, impact.
An endowment means WCF invests the capital and only the interest generated from the investment is used to issue grants. The initial investment is never touched, ensuring that the gift is a permanent source of funding for our community.
A non-endowed fund utilizes the donated capital in its entirety.
Step 4: Set up a fund
Once your client has selected a fund, we will finalize the process through our fund agreement forms.
Sample Fund Agreements
- Agency Endowed Fund
- Agency Non-Endowed Fund
- Designated Endowed Fund
- Designated Non-Endowed Fund
- Donor Advised Endowed Fund
- Donor Advised Non-Endowed Fund
- Field of Interest Endowed Fund
- Field of Interest Non-Endowed Fund
- Unrestricted Endowed Fund
- Policies and Procedures for the Establishment of Funds
- Foundation Articles of Incorporation
- Tax Exemption Letter
- WCF Spending Policy
Step 5: Contact our staff
Once you and your client have reviewed a sample fund agreement, contact us. We look forward to exploring the possibility of working together to better serve your clients.