The Blue River Community Foundation Manages

Over 150 Funds For Charitable Purposes.

The Blue River Community Foundation is designed to manage funds for any charitable purpose (charitable as defined by the Internal Revenue Service) and the funds can be set up in a variety of ways.

The Foundation can hold non-permanent funds or permanent funds. Non-permanent funds are those whose balance is spent down to zero. The Foundation can continue to hold the fund for as long as the donor cares to replenish it. Permanent funds are those that are endowed. This means that only a portion of the income from the fund is spent each year, generally around the amount of five percent. Earnings over five percent are deposited back into the fund, which helps it to grow over time, ensuring a larger payout as years go by.

Whether a fund is permanent or non-permanent, it can be an unrestricted fund, a donor advised fund, a scholarship fund, a field of interest fund, an agency fund, or a designated fund. Click on "Types of Funds" to read an explanation of each type of fund or click on "List of All Funds" to see a listing of the individual funds held and a brief description of each one.

The Foundation staff is always happy to discuss other options with donors.