Types of Funds

We offer several types of charitable funds to facilitate your giving. Our staff is available to discuss these options with you and help you select one that best meets your needs. 

Donor-Advised Funds

Donor-advised funds are established by donors who wish to participate actively in the grantmaking process. You establish a donor-advised fund with a gift of $10,000 to $100 million or more. Then you can recommend grants from that fund to the charitable project or organizations you want to support. It is easy to give to multiple nonprofits through a donor-advised fund. Read more about donor-advised funds.   

Business-Advised Funds

When you create a business-advised fund, we can support your company's goals with a full spectrum of services, including grantmaking, due diligence, site visits and community updates. Read more about business-advised funds.  

Designated Funds

Establishing a designated fund allows you to support the good work of a specific organization that has touched your life. Because we handle the details of managing the fund, the nonprofit organization’s staff is freed up to focus on its mission. Read more about designated funds.  

Scholarship Funds

Scholarship funds can be structured to benefit students at any education level or institution. A scholarship fund can also be created to honor a loved one. Read more about establishing a scholarship fund. 

Agency Funds

Nonprofit organizations establish a fund with us in order to grow assets to meet both current and future needs. They look to our Board of Trustees for strong investment oversight services and ask our staff to manage all of the administrative details. It frees the nonprofit to focus on what it does best in the community. Read more about agency funds

Field of Interest Funds

Field of interest funds are often established to support particular interest areas, specific program initiatives, causes or geographic areas. At your request, use of the funds is restricted to a specified area of interest. You give the financial resources and the general "field" to support and we select the grantees through our thorough due diligence process. Read more about field of interest funds.

Unrestricted Fund

This fund is used when donors give to the foundation and entrust CFT to use the money to better our community.  

Norman Brinker, seated, with Carl Reiner, left, and Martin Short during the inaugural event of the Brinker International Forum.

Donor-Advised Fund grant helps students

With a grant recommended from their donor-advised fund at Communities Foundation of Texas, Toni and Norman Brinker made it possible for students from Brinker Elementary School of Plano to enjoy educational events such as a National Geographic Live! presentation by naturalists and filmmakers Beverly and Dereck Joubert. Read More of their story.

Carolyn A. Newham, JD
Senior Director of Donor Relations & Fund Administration

Sarah Beeks HigdonSarah Beeks Higdon, MBA, CAP©
Director of Charitable Giving, Collin County

Contact one of us to discuss which fund is right for you.

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