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Donors'
choices of fund type reflect their individual
approach to philanthropy. Your
clients can give:
- now
or later
- to
any nonprofit -- whether local or national
- a
few large grants or many small ones
- anonymously
or through a named fund
While
fees depend on the specific vehicle and
giving strategy, most of our donors pay
less than they would with commercial gift
funds. For more information on giving
options and specific fees, please, please
call William Sternberg, Professional Advisor
Development Officer, at (612) 672-3825.
Types
of Charitable Giving Funds
Donor Advised Fund
Donor
Advised Funds are our most flexible giving option. With a minimum gift of $10,000, your clients can receive a charitable deduction at the time of the contribution and recommend grants to nonprofits of their choice, immediately or in the future. We accept a wide variety
of asset types, and your clients can add to
their funds at any time. Learn about Donor Advised Funds View a sample
fund agreement
Complete our on-line application pagetop |
Signature Fund
A smart alternative to charitable foundations of $1 million or more. Signature Funds combine the name recognition of a private foundation with the privacy, flexibility, and tax advantages of a Donor Advised Fund.
Download the Signature Fund brochure
or request hard copies to be mailed to you
pagetop |
Designated Beneficiary Fund
If your clients know exactly which
nonprofit organizations they wish
to support, they can name those
organizations when they create a
Designated Beneficiary Fund. The
Foundation will make annual payments
of income to their selected charities
on behalf of the fund. sample
fund agreement
view
detailed product sheet
pagetop
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Community Action Fund
By
creating a Community Action Fund,
your clients provide the Foundation
with flexible resources to address
our community's most urgent needs,
now and into the future. These funds
support the most promising, creative
approaches to strengthening the
Twin Cities area. Grantmaking decisions
are made by the Foundation's expert
program staff and Board Committee. sample
fund agreement
view
detailed product sheet
PAGE TOP
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Supporting Organization
Supporting
Organizations can be established
by donors as separate foundations
in conjunction with The Minneapolis
Foundation. A supporting organization
supports the mission of The Minneapolis
Foundation, yet operates much like
a private foundation in that it
is separately incorporated and has
its own board of directors. The
Minneapolis Foundation provides
administrative, operations, investment,
and grantmaking support to its supporting
organizations.
view
detailed product sheet
PAGE TOP
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Scholarship Fund
Scholarship
Funds benefit students at specified
institutions or in specified fields
of study and can be named after
an individual, a family, or an institution. sample
fund agreement
view
detailed product sheet
PAGE TOP |
Field of Interest Fund
When
you create a Field of Interest Fund,
you specify a particular area of
charitable interest (for example,
education or the arts), and the
Foundation decides which local nonprofit
organizations within that area should
receive grants from the fund. sample
fund agreement
view
detailed product sheet
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