Whether you are passionate about arts/culture/recreation, P-12 education, health and wellness, housing and family assets, civic engagement, youth development, the environment, or something more specific, the Foundation for Appalachian Kentucky offers simple, flexible, and rewarding options.
To create a fund, you will need to decide what type of fund will best serve your interests and the type of gift you will make to create the fund. The Community Foundation staff will help to guide you through this process. Simply contact us at (606) 429-1357 to learn more.
Funds can be either endowed or non-endowed.
Donors may gift cash, stocks and securities, real estate, retirement assets, and/or life insurance. If you are interested in a planned gift to the community foundation, we can assist you with leaving a legacy through a bequest, gift annuity, charitable remainder trusts, pooled income funds, and/or charitable lead trusts.
For the purpose of making grants based on changing community needs and priorities. Possible purposes could focus on a field of interest, such as arts, education, health, etc. Annual grantmaking is 4-6% of the endowed fund balance each year.
A fund that allows the donor or his/her successors to make grant recommendations. Annual grantmaking is 4-6% of the endowed fund balance each year.
A fund that is designated to support a specific nonprofit organization or other charitable institution. Annual grantmaking is 4-6% of the endowed fund balance each year.
An endowed fund advised by a Board of Advisors used for the purpose of continued grantmaking within a specific geographic community. Annual grantmaking is 4-6% of the endowed fund balance each year.
Scholarship & Award Funds
These funds allow donors to invest in the future by helping deserving students pursue higher education. Students benefit from the financial assistance as well as the academic recognition of being a scholarship recipient.
Memorial & Celebration Funds
Establishing a Memorial or Celebration Fund is an excellent way to honor family members, friends or associates and to preserve their legacies. Memorial & Celebration Funds are popular in situations when multiple donors will contributing to the fund over a fixed period of time.