As a community foundation, LCCF has the unique ability to offer agency fund services to nonprofits. Several of our local nonprofit partners have established endowment or agency funds with us. This provides them with a key opportunity to receive a consistent source of annual income, with an eye toward the future. Having this reliable stream of income allows the nonprofit to focus on the important community work that is central to their mission.
A permanent endowment fund gives organizations the opportunity to create a fund that generates investment income, year after year, which is then paid out pursuant to a spending policy. The permanence of an endowment fund is both appealing and reassuring to donors and nonprofit boards of directors who seek the enduring value of a dedicated source of income to support the organization they love, today and forever.
If you are a nonprofit interested in learning more about establishing a fund with us, please read more in our Charitable Fund Giving Guide and call Wendy at 847-377-0520 X23 to learn more.
For donors, below is a list of agency funds and endowment agency funds that the Foundation holds. You can learn more about these organizations and their funds and donate by clicking the links below. this time.