The Alaska Community Foundation

Field of Interest Funds Frequently Asked Questions


What is the purpose of a field of interest fund?
Field of interest funds are flexible funds for grantmaking in a specific interest area.
How does a field of interest fund work?
Who is the ideal donor for field of interest funds?
Who is responsible for the grantmaking?
Must the grantmaking process be competitive?
What if there is no longer a need for grants in a specified area?
Do field of interest funds have to be endowed?

Fund Spotlight:

A professional association

Charitable support is not just for corporations, but also for professional associations, as evidenced by the Anchorage Air Cargo Association. When their friend and co-worker (Jim Snead) died, association members established a fund in his honor. Today, the fund supports the efforts of individuals studying transportation or international business.

PrintPrint Share