Become a Donor > Types of Funds

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You can create a new gift fund, add to an existing fund or let the Foundation determine where assets will best meet your charitable goals. Funds are structured to help gifts grow over the years and work forever to benefit the community. The Foundation offers a number of simple, flexible and effective ways for you to improve our community through philanthropy. To learn more, click on any one of the links below.

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Unrestricted Funds
Unrestricted Funds enable the Foundation to respond to changing community needs and emergencies, to create innovative responses to community problems and to enhance the quality of life. Donors place no restrictions on how these funds are to be used, leaving those decisions to the discretion of the Foundation's Board of Directors. The Board reviews proposals annually from area nonprofits and awards grants from Unrestricted and Field of Interest Funds. Click here to download a pdf of the Unrestricted Funds sample form.


Field of Interest Funds
Field of Interest Funds support a broad area of concern, such as education, the arts, medical research, and services for abused women and children. The Foundation then makes grants to the most appropriate programs or organizations within the field of interest specified by the donor. Grants are typically made annually after the Foundation’s Board of Directors reviews applications from area nonprofits. Click here to download a pdf of the Field of Interest Funds sample form.
 

Donor Advised Funds
Donor Advised Funds allow you to be involved in recommending the nonprofit organizations that will receive grants from your fund. By creating a Donor Advised Fund you can meet your charitable interests in years to come by establishing one simple fund. Click here to download the Donor Advised Fund sample form.


Designated Funds
Designated Funds let you name specific nonprofit organizations to receive support. These funds are an effective and efficient way for you to provide for favorite charities through a permanent fund held at the Foundation. Click here to download a pdf of the Restricted Funds sample form.


Scholarship Funds - General
The Peninsula Community Foundation of Virginia is currently raising funds that will enable us to award scholarships to deserving students to pursue their academic goals. Scholarships can be established by individuals, families, organizations and companies. Donors may also define the eligibility guidelines for candidate selection or designate a specific field, study or college to be attended. Click here to download the Scholarship Fund sample form.

To access information about the Ferguson Scholarship Fund, please click here.


Organizational Funds
Organizational Funds are established by nonprofit organizations to generate funds for their own uses.

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