Types of Funds

In 2004 Jessica Maddox received a 4 year scholarship award from the Millie Rollin Scholarship Fund. This fund was created by Carol and Paul Rollin in memory of their 16 year old daughter Millie who died in a tragic automobile accident in 1991.

The Fresno Regional Foundation provides a variety of mechanisms that allow countless donors, large and small to express their charitable desires in new ways that achieve greater impact on our communities.

Donor Advised Funds
These involve active participation of the donor in advising the Foundation regarding their preference as to which community organization should receive funds. Awards or distribution are made in consultation with the donor or other advisors designated by the donor.

Field of Interest Funds
These funds are designed to channel giving according to the wishes of the donor into specific areas of interest such as education, the arts, youth, environment, seniors, health, etc.

Scholarship Funds
This enables donors to support the advancement of higher education by assisting undergraduate and graduate studies candidates in furthering their education. The name of the fund is often used as a memorial in honor of a loved one

Agency Funds
This is an excellent instrument for organizations to benefit from the Foundation’s investment program while minimizing management costs and maximizing returns. It permits nonprofit organizations to build for their future.

Endowed Funds
Any of the above funds can be endowed. This is a choice that meets the needs of individuals, families, organizations or businesses that wish to assure lasting impact through preservation of principal and only granting funding of earned interest and dividends

Fund for the Common Good
The Board of Directors created this fund to provide for the common good of the community. Sometimes referred to as discretionary funds, gifts to this fund allow the Board of Directors of the Fresno Regional foundation to respond without constraint to the most compelling and urgent needs of the community.

Whether you choose to make an immediate contribution or designate a planned gift that will later come to fruition, you can move forward with a flexible combination to fulfill your own philanthropic dream.

Current gifts: Publicly traded securities, closely held stock, real estate, memorials and tributes, cash.

Deferred gifts: Bequests, life insurance