Home > Services > Types of Funds

We can help you make a difference in the best way for you –  where it matters most to you.

Donor Advised Funds: A Simple, Highly Personal Approach to Charitable Giving

Some donors want a simple way to optimize their giving; others are experiencing a one-time financial or tax event that calls for making a large charitable gift. You may want to make your philanthropy a family venture. Either way, establishing a named Donor-Advised Fund at the Community Foundation – adding to it any time, in any amount – may be the right choice for you, your family, or your business.

Donor Advised Funds allow you to make a gift to the Community Foundation and then remain actively involved in recommending grants.

While they share many of the same charitable attributes, a donor advised fund is less expensive than a Private Foundation, with benefits that last for generations.

View a side by side comparison between a donor advised fund a private foundation

Here’s how a donor advised fund works:

  • You make a charitable gift to your Community Foundation — you can give cash, appreciated stocks, real estate, or other assets.
  • We set up a special fund in your name, in the name of your family or business, or in honor of any person or organization you choose.
  • You receive tax benefits the year your gift is made.
  • You recommend uses for your fund — working with our professional grantmaking staff to support the agencies and programs you care about most. You will have 24/7 access to your fund information, and grant-making ability, through your online link to Donor Central.
  • We handle all the administrative details and issue grant awards to charities in the name of your fund (if you prefer, your grants can be made anonymously).

Donor advised funds can be granted at any time and need not be endowed. You will choose an investment pool for your fund (long term, short term or cash) that fits your granting needs.

You can create a donor advised fund with a $25,000 minimum gift.


Donor Advised Fund Fee

Your fund will be charged an administrative fee ranging between .05% to 1.5% annually of the average daily balance of the fund. The administrative fees will be reduced or adjusted, should the Fund exceed $1 million or other thresholds per the Fee and Fund Policy. Fees are calculated on the daily average fund balance for the most recent month and paid monthly by automatic deduction from the Fund balance.

Chris Askin, CSPG, CFRE
President and CEO

Contact Chris Askin, President / CEO at 775-333-5499
to talk about the benefits of a Community Foundation Donor Advised Fund to you, your tax situation, and to your community.

Download a Donor Advised Grant Form

Download a sample Donor Advised fund agreement form.

Download the Community Foundation Donor Advised Fund Handbook


Legacy Fund: Your Gift of a Lifetime

Your family and your community depend on you. You can make your mark, leave a legacy of caring for your family and community, and take care of your heirs through a charitable estate gift plan.

Write down what you dream of doing. Whatever your passion, you can make our community better through a bequest in your will or trust. Download the sample bequest language to take to your attorney and a Wills Guide for your use before your attorney appointment. It will help you be organized and save you valuable time.

When you decide upon a bequest, don’t keep it a secret. Give us a chance to say thanks. We will keep your plans confidential if you request, but you will be offered the chance to join the Legacy Society, so your commitment can inspire others to make their own.

Legacy Gifts may be carefully planned to save your heirs estate taxes, and in some cases to generate income for heirs. We encourage you to talk with your advisor and Chris Askin, CSPG, CFRE, President and CEO of the Foundation, at 775-333-5499 to discuss ways that a Legacy gift will work for you and your loved ones.

Scholarships: a direct and personal way to change lives and touch the future of Nevada.

The Community Foundation of Western Nevada is the expert at meeting the regulations and administering scholarships so you can have confidence and pleasure in giving. Create an endowed scholarship fund at the Community Foundation with a minimum gift of $50,000. Learn more by reading the Create a Scholarship Page, the Grants to Individuals Policy and the
Scholarship FAQ.


Community Endowment. For Good. Forever.

Your gift, when combined over time with your neighbor’s and friends’ gifts, will grow to a never-ending resource to meet pressing community needs.  Your gift makes it possible to help in times of crisis and will address the vexing problems that take time and money to change. We cannot know what challenges our grandchildren will face. We do know that a gift to the Community Fund will always be relevant, important to our region, and most of all, available when needed. 



Field of Interest Funds: Causes or Places You Care About

You can contribute now to any one of our established Field of Interest Funds, or you can talk to us about establishing a new fund to make charitable grants to support a cause or a geographic area you care about.  Write a bequest to create your fund and to keep it working for generations… doing just what you want it to do, forever. 



Nonprofit Organization Endowed Funds: An Unending Income Stream for Good

Download a Sample Designated Endowed Fund Agreement.

Click here to learn how your organization can plant an endowment at the Community Foundation with a gift of $50,000. Feel confident that we will do our best to help you grow your fund to create a stream of income you can put in your budget.