Fund Types
Donor Advised Funds (DAFs) are convenient, flexible giving tools for individuals, families, businesses, and others who want to actively participate in the grantmaking process. A DAF is also a popular alternative to a private foundation.
With a DAF you can make grants to your favorite causes now, while growing your fund to give back for years to come. You can appoint successor advisors for your fund to carry on your legacy.
Minimum to Establish: $25,000
Field of Interest Funds support the donor’s chosen area of charitable interest. It’s that simple!
You define the area of interest and leave the grantmaking to us. Our Grants Review Committee will evaluate organizations that do the best work in your selected field and then make grants to the organization(s) that fit best. Field of Interest Funds make up a significant portion of our annual Community Grants Cycle, allowing us to provide support to the community in perpetuity.
Minimum to Establish: $25,000
Donor Designated Funds provide continued support to the nonprofit organization of your choosing. Your charitable gift provides the organization with a reliable source of funding, investment management services, and planned giving support – forever.
Should the designated organization cease to exist or change their mission, the funds will be redirected to continue addressing your original charitable intent.
Minimum to Establish: $10,000
Upon her retirement, Dr. Ann Bartos Merkow's employer began a fund in her honor. Each year, grants from this fund will support The Women's Center and Waukesha Free Clinic.
An Agency Fund offers a nonprofit organization, or “agency,” a simple and efficient way to build an ongoing source of income for their charitable goals.
When nonprofits host their endowment at the WCCF, they receive expert investment management and administrative support freeing valuable time to focus on their mission.
Minimum to Establish: $10,000
Some of the nonprofits that have an Agency Fund at at the Waukesha County Community Foundation
Artesian Funds
At the WCCF, we work with donors from all walks of life to make their philanthropic goals a reality. An Artesian Funds allows donors to start small and make incremental contributions toward a goal.
Project Funds
Project Funds are a non-endowed option for community fundraising initiatives with a specific and short-term time frame. At the completion of the project, this fund may either be closed or transformed into another fund type.
Scholarship Funds
Establishing a Scholarship Fund creates educational opportunity for students in our community. Whether it’s to honor or memorialize a loved one, to recognize a specific academic institution, or to support a particular field of study we can help create a fund that matches your philanthropic goals. To learn more about opening a Scholarship Fund contact us today.
Unrestricted Funds
Unrestricted funds allows our team of experts direct philanthropic resources where they are needed the most. This fund type provides the greatest flexibility to respond to the current and future needs of our community. To learn more about opening an Unrestricted Fund contact us today.
Fee Information
Each fund at the Waukesha County Community Foundation shares in the organization’s administrative costs. Our fees, along with direct gifts for operations, support the overall mission of the Foundation and are reinvested in our philanthropic work in the community. Administrative fees are assessed quarterly according to the tiered structure below. To learn more about fund opportunities and our fee structure please call our office at 262-513-1861.
| Type of Fund | Annual Fee |
|---|---|
| Donor Advised Funds Agency Endowment Funds | 1% on first $1 million in market value .8% on next $3 million in market value .3% on balances over $4 million in value |
| Donor Designated Funds | 1% |
| Field of Interest Funds | 1.5% |
| Unrestricted Funds | 1.5% |
| Artesian Funds | 1% |
| Endowed Scholarship Funds | 1% |
| Pass-Through Scholarship Funds | 2% on gifts |
| Project Funds | 2% on gifts |
