Designated Funds

Designated Funds support specific charitable organizations named by the donor at the time the gift is made. Orcas Island Community Foundation provides professional financial management for the funds and regularly pays grants to the charities donors have chosen. For individuals, creating a designated fund can ensure that a charitable organization will receive support over a long period of time, perhaps beyond the donor’s lifetime. Designated Funds are established with a minimum donation of $5000.

Benefits of a Designated Fund:

• Make an endowment gift to any charity.
• Endow emerging, small or struggling organizations.
• Endow several organizations.
• Make a gift now that can last forever.
• Manage funds professionally and monitor grants.

Designated Funds already established that you may give to are:

• Betty Lundeen Book Fund: established to increase purchasing power for the public library’s print book collection.
• Library Park Endowment: to fund annual maintenance.
• Melissa E. Moran Memorial Fund: to benefit the Orcas Public Library.
• Musical Advisory Group: to supplement choral and instrumental music programs in the Orcas Public Schools.
• Orcas Island Education Foundation: to support excellence and enrichment in Orcas Public Schools.
• Roach Memorial Youth Fund: to benefit island youth activities.
• Tom W. Horowitz Chamber Music Festival Endowment: to promote chamber music on Orcas Island.