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:

An ACF supporter

For many years, ACF gew because of the tremendous energy and commitment of its only staff member, Marcia Hastings. When Marcia retired, the ACF Board of Directors recognized Marcia’s efforts by establishing a fund in her honor.

PrintPrint Share