The Nonprofit Fund

Strong nonprofits are vital to the health of our communities. A Nonprofit Fund established at the Arizona Community Foundation or one of its Affiliates helps build an organization's financial strength.

Nonprofit Fund Types

The Nonprofit Fund is a convenient, flexible tool for nonprofit organizations, and is available in three fund types: Reserve (Spendable), Board Designated (Quasi-Endowed), and Donor Restricted (Quasi-Endowed).

Reserve (Spendable)

This type of fund allows a nonprofit organization to: 

• Establish a named fund with a minimum balance of $25,000.
• Build funds for a project or future operational needs.
• Save non-endowed, medium-term, or emergency dollars in a professionally managed fund that seeks to generate income, year after year, while remaining accessible to the organization's board.
• Receive periodic distributions or reinvest in the fund according to the organization's needs.

Board Designated (Quasi-Endowed)

This type of fund allows a nonprofit organization to:

• Establish a named fund with a minimum balance of $25,000.
• Create a board designated, professionally managed fund that seeks to generate investment income, year after year.
• Receive periodic distributions or reinvest in the fund according to the organization's needs.

Donor Restricted (Quasi-Endowed)

This type of fund allows a nonprofit organization to:

• Establish a named fund with a minimum balance of $25,000.
• Endow and manage donor restricted funds.
• Receive periodic distributions or reinvest in the fund according to the organization's needs.

Support and Services

We manage nonprofit funds for more than 200 organizations statewide. Each benefits from: 

• A dedicated Relationship Manager.
• Professional investment management.
• Administrative support, including fulfillment of all accounting, reporting and legal requirements.
• Planned giving tools that support structuring, accepting and managing complicated gifts.
• Planned giving and endowment building courses.