Ideas for Giving
The following donor scenarios illustrate some of the ways donors can express themselves through charitable giving through the SACF.
You would like to enable the Foundation Board of Trustees to respond to changing community needs over time. Establishing your named fund as an unrestricted fund during your lifetime or through planned giving will meet your desire to address continuing needs.
You would like to ensure permanent support for a particular field but do not want to commit your money to just one organization. You may choose to support a general area of concern, such as the arts, education and scholarship, or health and human services. The Foundation then makes grants to the most appropriate program or organizations with the earnings from the field of interest fund you have established.
You have a strong preference for the work of one or more favorite organizations, and you want to ensure that these organizations receive your support for as long as they provide needed services to the Sturgis community.
A personal connection. You would like to establish your named fund with the Fundation now, but you want to make suggestions from time to time on distributions from the fund. Through a donor advised fund, you can have an active hand in your charitable giving. You can recommend which organizations should be supported, such as your high school, church or other favorite charity.
Setting up your named fund as a scholarship fund enables you to support scholarship awards in your name or the name of a loved one. Valuing education.
Non-endowed (principal and income) funds provide ongoing support for worthwhile charitable programs. Pet Haven Fund, SABEA and Camp Fort Hill P/I Fund are examples of this type of f fund. Special project funds provide a means to hold money raised for a particular project such as the Sturges-Young Auditorium 50th anniversary capital campaign or the Sturgis Community Pool Renovation Fund. In both cases the principal and income are available for project support.
You may give through your will, trust or other estate planning documents to benefit the charitable areas most important to you.