Types of Funds

Each Grand Rapids Community Foundation donor is unique. The Community Foundation is here to help you achieve your personal philanthropic goals. These flexible fund types have been created to meet your needs and desired outcomes.

Named Fund for the Community Good

Together, our professional grantmaking staff, volunteer Resource Committee and Board of Trustees will select the best programs to meet Kent County’s most pressing needs. As community needs change, so will the programs that your fund supports.

Field of Interest Fund

You select a specific area of interest, such as the arts, environment, children or health, and establish a fund to benefit it.

Legacy Donor Advised Fund

Allows you, your family or business to recommend nonprofits and programs to receive grants while growing the principal of your fund in perpetuity. Much like a private foundation, an advised fund allows you to direct grants to nonprofit while relieving you of the administrative burdens of running a foundation.

Check out our Donor Advised Fund Frequently Asked Questions by clicking here.

Dynamic Donor Advised Fund

Established with a gift of $250,000 or more, $50,000 is endowed with the remaining balance available for immediate grantmaking.

Scholarship Fund

A Board-approved volunteer committee reviews applications for the scholarship and selects the top recipients based on your criteria. If you choose, you can be part of the selection process.