Helping

McDonald

Grow

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The foundation is an
Partner
Foundation of Greater Northwest Kansas Community Foundation with select funds managed by GNWKCF.

McDonald Community Development Fund Funds

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DONOR ADVISED FUNDS BOX
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This is used across various foundation pages. If you want to remove this box, go to this foundation's Collection item and toggle the following switch: "Show Section: Donor Advised Funds"

Donor Advised Funds (DAF’s)

Donors receive charitable gift receipts for the contributions to their established DAF.  The fund is normally named in someone’s memory or established as a “Family Fund”, however, the donor(s) may personalize as they wish.  The donor(s) are setup as the advisors to their Fund, which allows them to make all grant recommendations from their DAF.  Grant recommendations must be to qualifying charitable 501(c)(3) organizations, educational, government or religious entities per IRS rules.  The donor(s) may name succeeding generations as successor advisors or transition it to the Foundation to advise over upon donor(s) death.

Contact one of our
McDonald Community Development Fund
board members or staff to learn more, or contact GNWKCF directly at 785-734-2406.

McDonald Community Development Fund Grants

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McDonald Community Development Fund Scholarships

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SCHOLARSHIPS
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KEEP 5 IN KANSAS BOX
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Keep 5 in Kansas

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Board Members

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Staff

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Contact

Get in touch with us

Visit McDonald

Learn about what you can do in McDonald and perhaps you can visit one day.

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FOUNDATIONS
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Helping

McDonald

Grow

Please edit through the
FOUNDATIONS
collection. 
 
Smoky Hills Community Foundation is an
Partner
Foundation of Greater Northwest Kansas Community Foundation with all funds managed by GNWKCF.

Match Month
Match Day

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Highlights

Our top picks for you

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NEWS ARTICLES
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Info

Find out more about McDonald Community Development Fund

People

Learn about the team behind McDonald Community Development Fund

Staff
Board
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Impact

Discover McDonald Community Development Fund's impact on the community

Funds
Grants
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Download File
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FUNDS, GRANTS and SCHOLARSHIPS
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News

Foundations highlights and happenings around Northwest Kansas

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Contact

Get in touch with McDonald Community Development Fund

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Find out more about opportunities to get involved

Keep 5 in Kansas

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Donor Advised Funds (DAF’s)

Donors receive charitable gift receipts for the contributions to their established DAF.  The fund is normally named in someone’s memory or established as a “Family Fund”, however, the donor(s) may personalize as they wish.  The donor(s) are setup as the advisors to their Fund, which allows them to make all grant recommendations from their DAF.  Grant recommendations must be to qualifying charitable 501(c)(3) organizations, educational, government or religious entities per IRS rules.  The donor(s) may name succeeding generations as successor advisors or transition it to the Foundation to advise over upon donor(s) death.

Contact one of our
McDonald Community Development Fund
board members or staff to learn more, or contact GNWKCF directly at 785-734-2406.

Visit McDonald

Learn about what you can do in McDonald and perhaps you can visit one day.

Learn More

Types of Funds

Designated Funds

Funds which support a specific charitable organization or community foundation designated in the establishing documents.

Donor Advised Funds

A charitable fund in which the donor recommends grants to charitable organizations of his / her choice. Download more information HERE.

Field of Interest Funds

A fund established to provide grants to specific causes (not just one specific charity) you designate such as the arts, education, health and human services, a geographic location, or the environment. Download more information HERE.

Organizational Funds

A fund specific to a named community foundation or charitable organization.

Scholarship Funds

A fund to disburse scholarships to students meeting a set criteria (geographic, field of study, academic performance, community service, etc.), generally on a competitive basis, to be used for educational expenses. Scholarships are made payable to the educational institution on behalf of the student and not payable directly to the student.

Download more information HERE.

Unrestricted Fund

A fund in which a  broad range of interests and activities may receive grants empowering the community foundation to make strategic grants wherever the greatest need and opportunity exists.

Endowed vs Non-Endowed

Donations made to an ENDOWMENT fund are intended to be given for perpetuity. The principal funds are invested and only the earnings are available for charitable grants.

Donations made to a NON-ENDOWED fund may be granted at any time per the guidelines of the established fund.

Not to add confusion to the mix, there is also a QUASI-ENDOWED fund which in essence is still an endowment fund with some prevision that principal may be accessed at the organization’s discretion when there are extenuating circumstances.

Regardless of endowment status, all funds are still subject to donor restrictions or intents per establishing documents.

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