Starting a Fund
Individuals, families, groups or businesses can establish a fund with a minimum gift of $2,000 and build over a five-year period, or immediately start a fund with a $10,000 donation. Unrestricted funds require a gift of $5,000.
A variety of funds may be established to meet both your needs and the specific needs of the community.
A variety of funds may be established to meet both your needs and the specific needs of the community.
Types of Funds
Unrestricted
Gives BAF flexibility to respond to the emerging needs and special projects in our community. Examples include: Community Grant program, Students First program, Household Hazardous Waste Collection, etc. Unlike other funds at BAF, you can start a named unrestricted fund for $5,000.
Gives BAF flexibility to respond to the emerging needs and special projects in our community. Examples include: Community Grant program, Students First program, Household Hazardous Waste Collection, etc. Unlike other funds at BAF, you can start a named unrestricted fund for $5,000.
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Designated Supports one or more charitable organizations, as designated by the donor when established. |
Agency Provides an annual source of income to the establishing charitable organization. |
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Field of Interest Benefits a specific area of interest such as education, the arts, or public recreation, rather than a designated organization. |
Advised The donor remains active in the grantmaking process and provide recommendations to the BAF Board of Directors for approval. |
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Scholarship Provides financial assistance for students pursuing dreams of a higher education. |
Geographic Supports organizations and projects located in designated areas outside of Raleigh County. |
If you are interested in starting a fund or have questions, please reach out to our Executive Director, Dena Cushman by calling (304) 253-3806. You may also fill out the form below and send it by mail or e-mail.
