Donor Advised Funds
Donor Advised Funds offer the advantages of a private foundation, yet have lower management costs and greater tax benefits. Donor Advised Funds are especially useful for donors who want to take a charitable deduction one year and make distributions from income or principal in future years. Donors are able to participate actively in the giving process by recommending organizations to receive gifts. The Community Foundation assists Donor Advisors by maintaining fund records, researching potential fund recipients, ensuring that distributions are made to qualified tax-exempt organizations, and connecting donors with potential fund recipients.

Field of Interest Funds
Field of Interest Funds support a broad array of interests such as the arts, education, or health. The donor specifies his interest at the time the fund is created. The Community Foundation then makes grants from these funds to the most appropriate organizations.
Examples of Aspen Community Foundation Field of Interest Funds include:

SLM Special Needs Fund
Community to Community Fund
EBF Cultural Diversity Fund
Emergency Assistance Fund
Seniors Fund

Designated Funds
Designated Funds ensure long-term support for one or more specific nonprofit organizations, identified by the donor at the time the fund is established. The named organizations receive an annual contribution from the designated fund.

Memorial Funds
Memorial Funds operate like Donor Advised Funds, yet are named in a loved one’s memory. As with all funds, gifts can be made to the fund by anyone at any time.

Organization Funds
Nonprofit organizations may place their endowed funds at the Community Foundation, thus assuring donors that funds earmarked for the future will be invested wisely and used appropriately. The Community Foundation manages the fund as part of its investments and then distributes annual payments to the organization.

Scholarship Funds
The Community Foundation scholarship program brings together students in need and individuals who care about education to enable more students to reach their educational goals. Scholarship funds may be established to benefit a specific school or field of study.