The Alaska Community Foundation

Unrestricted Funds Frequently Asked Questions


What is the purpose of an unrestricted fund?
Unrestricted funds are much needed, flexible funds that are for grantmaking to address current and emerging needs in the community.
How does an unrestricted fund work?
Who is the ideal donor for an unrestricted fund?
What grants can be made from unrestricted funds?
Who is responsible for the grantmaking?
Must the grantmaking be competitive?
Can unrestricted funds name groups not to receive?
Do unrestricted funds have to be endowed?

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.