Establish a Fund

Types of Funds

Aspen Community Foundation manages several types of funds to meet the needs of donors, nonprofit organizations and the community. ACF assists fund 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.

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 make 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. With a minimum contribution of $10,000 you can establish a fund in the name of your family, your business, or anyone you wish to honor.

Field of Interest

Field of Interest Funds allow a donor to invest in specific causes. These funds can 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 and may rely on ACF to identify organizations capable of making the greatest impact.

Scholarship Funds

ACF’s scholarship funds 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 student demographic, school or field of study.

Designated Funds

Designated Funds ensure long-term support for a specific nonprofit organization, identified by the donor at the time the fund is established. The named organization receives an annual disbursement 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 ACF, thus assuring donors that funds earmarked for the future will be invested wisely and used appropriately. ACF manages the fund as part of its investments and then distributes an annual payment to the organization.


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