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The Foundation is here to assist you in your efforts to give back to the community. The basic fund types are listed below, although your giving is not confined to those listed.
Click on the link for each Fund Type to read more information.
Unrestricted Funds
Donations of all sizes on which the donor places no restrictions are the most essential for ensuring the Foundation's ability to meet the community's present and future needs.
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Donor-Advised Funds
Donor-Advised funds are funds whereby the donor may recommend to the Foundation, grants to be made from the fund. The income of the fund is to be distributed each year consistent with the exempt purposes of the Foundation.
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Donor-Designated Funds
Donor-designated funds are funds whereby the donor specifically designates a recipient organization or a specific purpose for which the fund has been created.
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Field of Interest Funds
Field of Interest funds are funds whereby a donor designates a special area of interest (i.e. education, arts, health, etc.) in which grants may be made from the fund.
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Organizational Endowments
This type of fund is established when a non-profit organization agrees to transfer all, or part, of its endowment to a designated fund within The Foundation.
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Scholarships
Scholarship Funds are funds from which the income of the fund is presented annually to further education of students in the greater Scranton/Lackawanna Region.
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Donors Options
Donors have additional options for charitable giving, from establishing a Memorial Fund to forming a supporting organization. Click on the links below to learn more. Please feel free to call us if you have any questions or need any assistance.
Named & Memorial Funds
Donors can establish a Named Fund in their name, in a family’s name, or in the name of any person or organization they wish to honor.
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Other Opportunities for Giving
there are other opportunities for charitable giving that you may want to consider , such as:
- Transferring a Private Foundation
- Forming a Supporting Organization
- Corporate Funds
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Planned Giving
Planned giving alternatives such as Charitable Remainder Trusts, Charitable Lead Trusts, Life Estates, or Life Insurance often create ideal situations for donors.
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Existing Scranton Area Foundation Funds
Whether you start a new fund or invest in one of our existing funds, your options are many. Review our list of Existing SAF Funds
Assets Appropriate for Charitable Giving
Gifts can be given in many forms, we have compiled information on the types of assets that are appropriate for charitable giving. Cash & other assets, such as Real Estate, Securities, Mutual Funds, Life Insurance, Retirement Plan Assets are common forms of charitable gifts.
We make a living by what we get, but we make a life by what we give. — Winston Churchill
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Types of Funds