How to Open a Fund or Give to An Existing Fund
Simple steps to effective giving
We can guide you through the basic decisions you need to make to start a fund that precisely reflects your charitable intent. For assistance, contact Stuart Bounds, President, at 410-820-8175, Ext 100 or request a Sample Fund Agreement online. Thinking about a fund at the Mid-Shore Community Foundation as an alternative to creating a private family foundation? Check out a comparison of donor advised funds at MSCF with a private family foundation.
Select the type of charitable fund to meet your goals
We offer a range of other charitable fund types, allowing you to choose the vehicle best suited to you and your philanthropic goals, or you may give to an existing fund at MSCF. Review the Types of Funds at the Mid-Shore Community Foundation.
Name your fund
In your own name, in honor of a family member or loved one, or give anonymously. You can establish a named fund at a minimum level of $10,000.
Appoint fund advisors or rely on the expertise of MSCF.
If you choose to create a donor advised fund, appoint yourself and/or the individual(s) who will be responsible for advising the Fund, including “successor advisors” who will service the Fund upon the death of the original advisors. Otherwise, rely on the expertise of MSCF and our Grants Committee to recommend recipients consistent with your goals.
Make your gift
We can accept a wide range of assets: cash, publicly traded securities (stocks, bonds, and mutual fund shares) closely held securities, life insurance, real estate, retirement plan assets, tangible personal property, private foundation grants and transfers upon dissolution.