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Information for our Donors |
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What is an endowed fund? An endowed fund is a fund in which the principal amount is never spent. The principal is invested in a permanent pool of investments and the earnings (interest and dividends) are given back to the organization in the form of a grant. What type of fund could I start? Your creativity is the only limit. So long as the purpose of the fund is charitable, a donor may establish a fund for the benefit of his or her favorite charity. For a donor who has many favorite charities, a donor-advised fund may be established. In a donor advised fund, the donor advises the GBCF Board of Directors as to which organization(s) shall receive a grant in that donor’s name each year. Donors establishing a new fund may name the fund after their family, the organization, or any other name that they see fit. The minimum amount required to establish a named fund is $5,000. What if I do not want to start a new fund? Donors also may contribute to any number of the already established funds at the GBCF. With one gift, a donor could select three or four organizations to receive a portion of the donation. Additionally, the GBCF has many Field of Interest funds, such as the county funds, that a donor could donate to. The Field of Interest funds will be used to award grants in that particular field or county. What can I give? No gift is too small or too large. Gifts may take the form of cash, real estate, stock, as well as bequests, charitable remainder trusts, gifts of retirement plans, life insurance, or other types of planned gifts. The Legacy Society was established to recognize those individuals who have informed us of planned gifts. More Questions? Please contact the GBCF office. We would be happy to discuss any further questions you may have. |
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2006 Annual Report |
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1307 Williams, P.O. Box 1911 Great Bend, KS 67530 Phone: (620) 792-3000 Fax: (620) 792-7900 Email: gbcf@goldenbeltcf.org |
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The IRS Form 990 and annual audit reports are available for public inspection at the GBCF office. The 990 also may be viewed at www.guidestar.org
(Currently, the GBCF does not file the Form 990-T (exempt organization business income tax), however, the form 990-T will be available to the public in any year that the GBCF files.) |