Create a Fund

Creating a fund at the Brookline Community Foundation

We want to help you make giving easy. Below are a list of questions and answers that might help you decide on whether or not creating a fund is right for you.

What type of fund is best for me/us? We have a variety of funds to meet the needs of a variety of donors. View our fund options to see what fund might work best for you.

How will spending from the fund be determined? Except for donor-advised funds, and some agency funds, funds are typically governed by the Foundation's spending policy that calls for a total payout typically within the range of 4%-4.75%. This level of spending from a fund's total value allows BCF to make grants, pay the fund's expenses and administrative costs, and still increase principal over time.

How will the fund be named? A fund may be named for the donor, in honor or in memory of someone of the donor's choosing or it may be named for the field of interest - the possibilities are many.

Can additional gifts be made over time? All BCF funds are "open" to additional gifts from the original donor or from others. There are rules, however, if public fundraising is to be conducted, to protect the validity of charitable deductions for individual donors and to protect BCF. 

Are there fees related to having a fund at BCF? Yes, there are fees to help cover administrative costs to main any funds at BCF. View the BCF Fund Fee Policy for more information.

What are other policies related to funds that might be helpful when thinking about creating a fund? We at BCF think it important for anyone interested in starting a fund to know about our Fundraising Policy and Investment Policy

I'm ready to get started - what do I do now? Determine which assets will be used (cash and publicly traded securities are the easiest ways to make charitable gifts), at what level you wish to give and make arrangements with the BCF Executive Director, Jenny Amory, to transfer assets to BCF.

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