Funds & Scholarships
FUNDS
For over 80 years, hundreds of individuals, families, organizations, and businesses have used the La Crosse Community Foundation to manage their charitable giving through various funds. Named by the donor, these funds produce income used to make grants to a variety of not-for-profit organizations. A specific fund’s type and purpose is defined by the donor in consultation with the Foundation.
The La Crosse Community Foundation and those people and agencies served with grants owe a debt of gratitude to the generous people whose thoughtful philanthropic planning has resulted in the establishment funds:
Unrestricted funds are designed to serve community needs and respond quickly to those community needs.
The donors who create these funds suggest how the earnings are used. The Foundation also may make recommendations for the use of earnings.
Grantee Endowment Funds
The Foundation manages endowment funds for non-profit agencies, providing freedom from day-to-day administration of the funds. Additional gifts are encouraged to enhance the endowments of these organizations.
Scholarships
Often named to recognize individuals, families, businesses and other organizations, these scholarships assist area students in their academic pursuits. Students apply for scholarships at their schools.
Funds created to support particular areas of interest such as social justice, health care, hunger needs, education, the arts, environmental programs, and assisting children and women’s initiatives.
Donors identify the recipient organization(s) that will benefit from the income of a fund when it is established. Donors may not alter the designated recipients except to change the funds to unrestricted use.
They look like private foundations, but receive better tax advantages.
Supporting foundations allow donors the same degree of involvement as a donor advised fund but give greater visibility.
Life Income Funds
Through irrevocable gifts to the Foundation donors or their named beneficiaries receive income for life. Upon the death of the donor, a named permanent fund is established.
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