Organizational Funds

One of the ways we strengthen community organizations is by helping them build a secure future for themselves. By choosing to establish an Organizational Fund, your IRS-recognized 501(c)(3) becomes one of more than 100 Idaho organizations that are helping to build healthy and vital communities in our state.

Organizational Fund advantages:

• Responsible, professional investment management and oversight by our experienced ICF Investment Subcommittee and hired consultants – no more investment management responsibilities for your board.
• Ability to accept a wide variety of gifts and offer planned gift options for your donors and their professional advisors.
• Demonstrates your organization’s financial stability and plans for future growth.
• Affiliation with the Idaho Community Foundation, a respected statewide organization with more than 30 years in Idaho.

Organizational Funds can be endowed or non-endowed.

Endowed funds are invested for the long term and provide a steady income stream that can be used for operations, programs or other needs determined by your board of directors. Endowed funds are permanent funds that will forever benefit your organization. A small percentage is granted to your organization each year.

Contributions are invested to grow over time and donors can contribute any amount at any time. Gifts may be eligible for tax deductions and ICF sends receipts to all contributors.

In keeping with our commitment to helping nonprofits succeed, the Idaho Community Foundation charges a 0.5% management fee for endowed Organizational Funds, plus the fund’s share of investment costs.

The minimum to establish an endowed fund is $50,000.

Non-endowed funds are invested for a shorter term and can be fully spent at any time for operations, programs or other needs determined by your board of directors. They are not permanent funds. The minimum to establish a non-endowed fund is $25,000.

The Idaho Community Foundation charges a 1% management fee for non-endowed Organizational Funds, plus the fund’s share of investment costs.