Affiliated Fund

An Affiliated Fund is a collection of assets (endowed and non-endowed) whose principal and income are designated by a community foundation to fulfill charitable needs in a specified community.  In operation, an Affiliated Fund will piggyback on Midlands Community Foundation's infrastructure — "back office" financial, legal and administrative systems, investment services and often, program and grantmaking services. 

 

Typically, an Affiliated Fund is defined by a geographic territory of its service area — a neighborhood, city, region or other physical place.

 

We'd like to tell you more about Midlands Community Foundation.  Call 402-991-8027 or e-mail info@midlandscommunity.org.