Pleasants Community Foundation

Home | Scholarships | How You Can Help | Application Process

The Types of Funds You Can Create In The Pleasants Community Foundation

These funds will be administered and distributed according to the donor’s wishes and the individual community needs. Donors may choose among several ways to use their charitable gifts.

Undesignated or Unrestricted Fund
Allow for the greatest flexibility when donating charitable gifts. They allow the Board of Directors the opportunity to assess the greatest needs of the community and assist the community’s individual programs.

Field of Interest Fund
This allows the donor to respond to certain program areas, such as youth, education, health, environment, etc. Grants made form these funds specify the field of interest, but not the charitable agency.

Designated Fund
Not only allows a donor the opportunity to support their favorite charity, but also allows the support to continue in perpetuity. The donor merely selects the charity that they wish to support.

Donor Advised Fund
May be established in memory of a loved one or to honor family or friends so that deserving young people can get the education they might not otherwise receive.

Operating Endowment
This gives the donor the opportunity to support the community foundation’s internal operations.

Agency Endowment
A non-profit organization or agency may establish endowment funds with the Pleasants Community Foundation for management and investment purposes. The Foundation regularly distributes the annual income back into the organizations and agencies for operating the programs of the agencies.

Advised Pass-Through Funds/Non-Permanent
These funds are typically established at the request of a donor to provide support from fund principal for charitable recipients recommended by the donor. The recommendations must be advisory only, and the foundation must be free to reject any recommendation.

If you would be interested in starting any of the funds listed above contact Jim Mc Knight in his downtown office at 309 Second Street. Phone 304-684-3082

Jim Mc Knight, Executive Director Board of Directors Becky Ingram,Jim McGoldrick,Alice Faye Bonnano, Gary Alfred,Harold Carl, Judy Lawhon, Lynn Phair