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TYPES OF FUNDS
The STW Development Foundation serves a variety
of donors who share a common concern: supporting all that is good in the
region. Through the STW Development Foundation, individuals,
families, businesses, non-profit organizations, and other foundations
create permanent charitable funds that help the region meet the
challenges of changing times.
Establishing a fund with us is a quick, simple, and rewarding process.
Following an initial conversation with a staff or board member to
discuss the donor's wishes, the donor determines what type of fund is
most appropriate. A draft fund agreement is then presented to the
donor who has the opportunity to make revisions. After this
agreement is approved and signed by the donor and a STW Development
Foundation representative, the fund is officially opened.
T0 accommodate the varying needs and interests of donors, we offer
several types of funds. Donors may add to their funds at any time,
and others may contribute to any fund within the STW Development
Foundation. All donations are tax deductible. Staff
regularly reports to donors who establish funds regarding their fund's
financial performance and grant distribution.
Perhaps one of the most gratifying benefits of creating a fund with the
STW Development Foundation is that it allows a donor to establish a
permanent legacy in his or her family name. This legacy will
provide ongoing support to the organizations and causes that are most
important to the donor.
There are no minimum requirements to open a fund; however, funds must
reach $5,000 within a reasonable period of time before grants can be
made from the fund. CLICK HERE
for a brief description of each fund.
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