Meeting the Ever-Changing Needs of the Community
Unrestricted funds help you support a
broad range of local needs including future needs that often cannot be
anticipated at the time of your gift. Returns from unrestricted funds help The
Alaska Community Foundation (ACF) make competitive grants to nonprofit
organizations that are working hard to meet the most pressing needs in our
communities. By establishing an unrestricted fund, you benefit from ACF’s
investment expertise and oversight and our staff members carefully monitor
every discretionary grant and ensure that funds are used appropriately.
An unrestricted fund is a permanent
endowment fund, which is a fund maintained to provide a permanent source of
income to support your cause. The principal is held forever while the returns
generated from that principal or as determined by spending policy are used
towards philanthropic giving.
Grants are made in the name of the fund you establish, creating your personal legacy of giving. You may give your gift immediately or through your will or other estate planning strategy.