DESIGNATED FUNDS

You can create a designated fund with Silicon Valley Community Foundation to help endow your favorite charitable organization in perpetuity, or assist it over a set number of years.

The designated charity can be any organization that meets the community foundation’s grant eligibility requirements. When a grant is made, we monitor how the funds are used to ensure that it fulfills your charitable goals.

With an endowed designated fund, you can be confident that your gift will provide a lasting legacy to sustain your favorite nonprofit. Should that organization cease to exist, the foundation has variance power to ensure that the funds will be redirected to an organization meeting your charitable intent so that your generosity will continue to make an impact, as you wished.

A designated fund may be opened for $10,000. When an endowed designated fund is created with a gift of $50,000 or more, the fund will be will be permanently named by the donor. Donors may also support designated funds already established at the foundation with a gift of any size.

Contact us if you would like to learn more or call 650.450.5444.