Five FAQs to help you establish an endowment
Many community-minded individuals have served on the boards of directors of charitable organizations in our region. If you’ve served on a charity’s board (or several!), you are no doubt familiar with the concept of an endowment. Many charities establish endowment funds and reserve funds at the FM Area Foundation to help ensure that their missions […]
Donor-advised fund do’s and don’ts
A donor-advised fund is one of many types of funds you can establish at the FM Area Foundation. Field-of-interest funds, designated funds, unrestricted funds, and scholarship funds are also popular and can make a big difference in the community while also fulfilling your goals for tax and charitable planning. If you’ve established a donor-advised fund […]