Long Term Designated Funds
A long term designated fund is a type of endowment. It is invested for the long term and can provide for larger distributions based on the needs of the nonprofit. Nonprofits with traditional endowments at Colorado Gives Foundation are also eligible to open a long term designated fund.
Long Term Designated Funds + Benefits
There are several benefits of having a Long Term Designated Fund:
- Reliable + Consistent Funding: Provides a reliable and consistent source of funding for your organization and/or specific program(s)
- Flexible Terms: Offers you flexibility in terms of both the duration of the fund and the distribution amounts
- Tax Benefits for your Donors: Provides tax benefits to the donor, such as an immediate income tax deduction and potential capital gains tax avoidance
Connect today with our Philanthropic Services team to learn more and establish a fund.Connect with Our Team