Catholic Community Foundation of Oregon

 

TYPES OF FUNDS

To meet the varying philanthropic goals of donors, as well as the needs of the Catholic community,
the Legacy of Faith Foundation manages four general types of funds:
discretionary, field of interest, designated beneficiary, and donor-advised funds.

The Foundation does not invest in companies or give grants to organizations involved in
activities contrary to teachings of the Catholic Faith.

  •   DISCRETIONARY
    •  A donor may choose to make a gift toward the broad general charitable purposes of the Foundation.
       

    •  SUSTAINING ADMINISTRATIVE ENDOWMENT FUND 
       A donor may wish to provide administrative support to the endowment fund established for The Legacy of  
       Faith Catholic Community Foundation of Oregon.
       
  •   DESIGNATED BENEFICIARY
    •  Designated funds are established by donors to benefit one or more specific organizations.
       

    •  SCHOLARSHIP FUNDS
       
      A donor may establish a Scholarship Fund to benefit students seeking education in Catholic schools at  
       
      the elementary, middle school, high school or university level.

       

    •  SPECIAL PROJECT & BUILDING FUNDS
        Special projects can be for the improvement of identified programs within individual parishes.
        Building funds would be for the construction of permanent facilities.
       

    •  FIELD-OF-INTEREST FUNDS
        A donor may direct that a gift be used to support a particular or general charitable interest, such as  
       
      children, health, senior citizens, etc.

 

  •   DONOR-ADVISED

    •   Inidividuals, Families, or Faith Circles could establish a donor-advised fund that would allow them to direct  
       
      distributions from their named fund to qualified charities. This provides the donor considerable flexibility
       and the ability to name successor advisors, and prefund several years of charitable giving.

 

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The Legacy of Faith Catholic Community Foundation of Oregon 
641 SW Umatilla Avenue  |  Redmond, OR  97756  |  (541) 388-4004


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