Field of Interest Funds
Are established to support unspecified programs or organizations in a general field of interest important to the donor, such as education, historic preservation, children, the elderly, the environment, or arts and culture.
Donor-Advised Funds
Allow the donor to make recommendations for charitable distributions (grants) from the fund. Federal tax law requires that the Foundation make the ultimate decisions on grant distributions. CLCF makes every effort to follow donors’ wishes. Donor-Advised Funds operate much like a private foundation- but without the expense and tax-reporting requirements.
Scholarship Funds
Provide grants for educational purposes at both undergraduate and graduate levels. Donors may recommend an academic focus for their scholarship fund (such as nursing, the arts, or engineering) and eligibility criteria (including financial need, academic merit, geographic residence, and/or community service).
Field of Interest Funds
Are established to support unspecified programs or organizations in a general field of interest important to the donor, such as education, historic preservation, children, the elderly, the environment, or arts and culture.
Donor-Advised Funds
Allow the donor to make recommendations for charitable distributions (grants) from the fund. Federal tax law requires that the Foundation make the ultimate decisions on grant distributions. CLCF makes every effort to follow donors’ wishes. Donor-Advised Funds operate much like a private foundation- but without the expense and tax-reporting requirements.
Scholarship Funds
Provide grants for educational purposes at both undergraduate and graduate levels. Donors may recommend an academic focus for their scholarship fund (such as nursing, the arts, or engineering) and eligibility criteria (including financial need, academic merit, geographic residence, and/or community service).
Agency Funds
Are established by a nonprofit organization to provide an annual source of income to support the organization’s mission. An organization that places its endowment with CLCF benefits by being included in a large portfolio with access to professional experienced investment managers and administration of endowment services.
Central Louisiana Grants Endowment Fund
CLCF has invested $1,000,000 into this fund to distribute grants throughout our 12 parish community two times a year. Our goal is for our Central Louisiana community to match the $1,000,000 gift to allow us to make a larger impact in the community with the grants we distribute.