FOR DONORS: Overview Make a Memorial or Honorarium Donation Ways to Give Now Ways to Give Later Types of Funds How to Establish a Fund Tips on Giving Wisely Planned Giving Weekly News LEARN MORE: Arts & Culture Environment Education Community Development Civic Affairs Youth Health & Human Services	For Donors Types of Funds Most funds at Legacy Foundation are endowed, providing a permanent source of funding for the community. Each year, 5% of the average fund balance of these endowed funds is available for grantmaking, with the remaining principal serving as a renewable source of charitable giving forever. Unrestricted Funds: Committees comprised of community-minded leaders review the candidates, conduct site visits, and make funding recommendations. Field of Interest Funds: Donors determine the specific area of charitable concern and grants are made from the fund accordingly, at the discretion of the Foundation Board. Donor-Advised Funds: Flexible tool for charitable giving allowing donors to be actively involved in grantmaking, with as little or as much help as desired. Scholarships: Typically award grants for tuition to deserving students, based on criteria defined by the establishing donor. Designated Funds: Provide a source of permanent funding to benefit one or more charitable organizations designated by donors. Organization Endowments: Established by an organization to provide a source of permanent fiscal support for the on-going operational needs of that organization. For more information contact the Legacy Foundation at 736.1880 or info@legacyfoundationlakeco.org.
		1000 E. 80th Place, Suite 302 South, Merrillville, IN 46410 | Phone: 219-736-1880 Legacy Foundation is designated a 501(c)3 not-for-profit organization. All contributions are tax deductible to the fullest extent of the law. © Legacy Foundation and its licensors. All rights reserved.