The Alaska Community Foundation

Agency/Organization Funds Frequently Asked Questions


What is the purpose of an agency/organization fund?
These funds provide a long-term, dependable source of operating revenue to nonprofits and are traditionally created by the organization itself.
Why set up an agency/organization fund?
Can the nonprofit dissolve the fund if there is an emergency?
Is fundraising for an agency fund permitted?
When can a nonprofit start receiving disbursements?
Do grants have to be made every year from an agency fund?
What happens if the nonprofit ceases to exist or runs into trouble?
How does a nonprofit ask for disbursements from its fund?

Fund Spotlight:

Ionia eco-village

Children looking through greenery.The small village of Kasilof on the Kenai Peninsula is home to Ionia, a close-knit eco-village for those who experience behavioral disabilities. Residents live communally in a supportive environment that's a combination of an agrarian lifestyle, alternative energies and supportive behavioral health techniques. The Ionia Endowment Fund helps support the community's ongoing maintenance and operations.

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