Funds
We envision an improved quality of life for Barberton residents, now and forever.
A Force for Good in the Community
A community foundation is a nonprofit organization supported by donors with a common interest in charity and creating good in a defined geographic area. There are fewer than 800 community foundations in the U.S. – Barberton is fortunate to have its own!
From the Barberton High School to the Towpath Connector Bridge to the many students who receive college scholarships each year – Barberton Community Foundation is a proud sponsor of progress.
Types of Funds
Endowment Fund
This is a permanent fund designed to provide an ongoing source of funding for your charitable interests.
Endowment funds allow donors to support particular interest areas, specific program initiatives, or causes. Many nonprofits establish an endowment fund to grow their assets and enhance their ability to accept large and complex gifts.
Donors can establish a named permanent fund for a minimum contribution of $5,000.
Now and Forever Funds
A now and forever fund is a combination fund that is both a short-term investment for immediate needs and an endowed asset designed to last forever.
Pass-Through Funds
Pass-through funds are generally used to support a specific charitable purpose and solicit support from a broad range of donors. Non-endowed and not invested in our main investment pool, these funds are held separately and are readily available for short-term projects.
Scholarship Funds
The creation of a Scholarship Fund is attractive to many donors and can be structured to benefit students at any education level, or for a specific institution. A scholarship fund can also be established to honor a loved one. Some donors choose to stay involved through advisory relationships, while others name advisory committees to assist in the selection of recipients. Either way, our staff will handle the necessary paperwork and will ensure that scholarships are distributed in an equitable manner. Donors can establish a named scholarship fund for a minimum contribution of $5,000.
List of Funds
