By opening a Donor Advised Fund at the Billings Community Foundation, you can continue to support the charities you care about while guiding philanthropy and strengthening local communities.
By opening a Donor Advised Fund at the Billings Community Foundation, you can continue to support the charities you care about while guiding philanthropy and strengthening local communities.
Allow the Billings Community Foundation to identify changing needs and opportunities in our community, and respond quickly where your dollars will be most effective. Unrestricted gifts to the Community Fund are awarded annually to qualifying nonprofits throughout the region in a competitive grant cycle.
Donors, Businesses, or Civic groups may establish a Scholarship funds with the Billings Community Foundation designated to benefit a specific institution or student at any level of academic pursuit. These funds are often established to encourage a particular field of study, honor a founder or long-time employee, or memorialize a loved one and can be recognized at the Annual Grant Awards Ceremony.
A Special Project can be customized to support a specific charitable program or project – generally utilized as a financial investment tool during a capital campaign or construction project for a nonprofit organization. Donors may make charitable contributions and those funds are distributed in accordance with the donor’s instructions or on a schedule that best fits the needs of the project.
Support the Billings Community Foundation’s mission to meet the needs of the Greater Yellowstone Valley Region of Montana through grantmaking and special initiatives. A permanently endowed fund, the “Legacy Fund’ is a strategic way to effectively grow the capacity and services offered by the Foundation and help ensure the important work of the Billings Community Foundation in perpetuity throughout the region.
A Donor Designated Endowment Fund is similar to a Donor Advised Fund, but allows the donor to provide perpetual support to one or more of their favorite causes while also taking advantage of the Montana Endowment Tax Credit. Gifts are made to establish or contribute to a Montana based charitable organization, and a percentage of the income earned is dispersed annually. A great alternative to a family or corporate foundation, advisors may identify specific organizations or causes to support and work with the Billings Community Foundation staff to recommend distributions recognized at the Annual Grant Awards Ceremony.
Establishing an Agency Endowment Fund with the Billings Community Foundation is a simple and efficient way to build an ongoing source of income for your charitable organization can depend on. We manage the funds so nonprofit staff and volunteers can focus on the programs and activities that further your mission.