Explore Fund Options
Want to make an impact on your community? Let’s get started.
For decades, we have worked with nonprofit organizations, government agencies, civic leaders and visionary philanthropists to create large-scale community change. We would be honored to do the same with you.
Maximize your impact.
Working with a community foundation means gaining a trusted local partner. Here’s how we do it.
Goal Development
We’ll help you define your charitable goals through personalized research on the issues you care about and make grants to organizations who fit your values.
Family Engagement
We’ll facilitate and document family philanthropy meetings, helping to ensure that your charitable legacy spans multiple generations.
Administration and Governance
You stay focused on the impact of your giving. We manage the details.
Strategic Planning
We’ll help you develop a strategic giving plan that reflects your vision, goals and desired legacy, while minimizing unnecessary costs.
Community Knowledge
We bring deep knowledge of Central Indiana and strong relationships with the nonprofits, institutions, and leaders driving change.
Our team offers expertise in philanthropy and complex giving vehicles, helping align your generosity with the greatest impact.
Types of Funds
After you choose a fund, our staff can draft your fund’s language to ensure it will meet your personal goals and preferences. You can choose one fund or multiple types of funds, depending on your giving strategy and goals.
A donor-advised fund is a charitable investment account just for you, your family or your company. It’s an organized, simple, and cost-effective way to manage, grow, and give away charitable contributions. Offering an immediate tax benefit, the fund is invested to grow over time, allowing you to grant distributions to any qualified 501c(3) nonprofit organization. Donor-advised funds are the fastest growing charitable vehicle because they are simple, effective and tax-advantaged.
Take the first step in opening your fund now »
Assets you can donate: Cash, publicly-traded securities, closely-held stock, real estate, partnership interests, private foundation payouts or dissolutions, and more.
A corporate-advised fund allows your company to simplify its giving as it makes grants to charitable organizations. Meanwhile, CICF handles the due diligence, issues the checks, and provides staff assistance via a comprehensive menu of corporate services.
Assets you can donate: Cash, public stock, restricted stock, real estate, limited partnerships, and more.
A field of interest fund creates a resource in perpetuity to support the causes you care about, such as the arts, education, health and human services, or the environment. Our staff directs support to the best charitable organizations within your assigned interest area.
Assets you can donate: Cash, public stock, restricted stock, real estate, limited partnerships, tax-deferred savings plans, private foundation payouts or dissolutions, any asset through your will, trust, or estate plan.
A donor-designated fund allows you to create permanent income for an organization(s) of your choice in Central Indiana—or elsewhere—and ensures your support can grow and live on after your lifetime.
Assets you can donate: Cash, public stock, restricted stock, real estate, limited partnerships, tax-deferred savings plans, private foundation payouts or dissolutions, any asset through your will, trust, or estate plan.
We work with donors to create renewable scholarships of at least $1,000/year, ensuring that support is available through degree attainment. We administer everything, from creating and distributing applications to the disbursement of funds.
Assets you can donate: Cash, public stock, restricted stock, real estate, limited partnerships, tax-deferred savings plans, private foundation payouts or dissolutions, any asset through your will, trust, or estate plan.
If you have complex philanthropic goals and wish to create a corporate entity that will perpetuate your family legacy, this type of foundation is for you. A supporting organization’s grants and activities fulfill the charitable purposes of the community foundation, yet it has its own board, investment policies, and charitable status with the IRS.
Assets you can donate: Cash, public stock, restricted stock, real estate, limited partnerships, tax-deferred savings plans, private foundation payouts or dissolutions, any asset through your will, trust, or estate plan.
These funds offer a unique and innovative approach that allows fundholders to invest in both nonprofit and for-profit enterprises in the form of loans, equity investments, and flexible capital arrangements—with the potential of financial return while creating social impact.
How it Works
There is no minimum requirement to open a fund.
You can contribute to your fund at any time and in any amount through our online portal.
Donor-advised funds with balances of $25,000 or more are assessed a 1% tiered annual administrative fee. There is no minimum dollar amount required to open a donor-advised fund. The administrative fee is assessed quarterly (i.e., 1/4 of the total fee each quarter).
Here’s our difference: With CICF, your fees are invested in the community through the work we do each day. Learn more about the impact CICF makes with your partnership »
Learn more in our Minimums and Fees Quick Reference »