Mr ? Man
# 9 What is the most popular field-of-interest fund?
Mr?Man thinks these are very important questions for every donor and friend of community foundations.
Those funds that are created to respond to grant applications in the community without restrictions are called unrestricted grants funds. They may have as their field-of-interest all of Clarion County or a township or community such as New Bethlehem, Rimersburg, Sligo, or Clarion. A qualified nonprofit located within the field-of-interest may submit a grant application.
Clarion County Community Foundation has an all county field-of-interest fund named The Unrestricted Grants Fund, but that would not prevent a donor from creating a fund specifically for their community.
# 10 What about scholarship funds?
Scholarship funds are familiar to everyone because they are often used to memorialize a former student, coach, teacher, or family. Scholarship funds are a separate type of fund from a field-of-interest.
They are usually restricted to graduating seniors from one or two local high schools, and list the criteria for selecting the scholarship recipients. The fund committee is often made up of people associated with the school or person memorialized.
For example, CCCF has the Mary E. Shaner Scholarship Fund, created by a bequest in Ms Shaner’s will, for graduating seniors at Keystone High School. Ms Shaner was a lifetime resident of the Knox community and taught as well as served as librarian in the school district.
# 11 Can anyone donate to a scholarship fund that is already established?
Yes, a donor can select any scholarship fund listed for the community foundation, and make a donation. Even if the fund has been in existence for generations, donations are always welcomed. Many scholarship funds are created by a circle of friends and family and supported by various charitable events held each year. Charles Marlin