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Frequently Asked Questions
About the Community Foundation of Southern Indiana
1. Can my family get involved in my charitable giving through the Foundation?
Absolutely! Children, grandchildren, sibling or other trusted family members or individuals may be named to the fund's advisory committee. When the advisory period ends, the fund will perpetually support your specific charitable interests.
2. Can I make anonymous gifts through my fund at the Foundation?
Yes, all grants can be made anonymously, or you can request a specific grant be made anonymously on occasion.
3. Do all grants from my fund have to be used in Southern Indiana?
No, grants from a Foundation fund may be made to any 501(c)3 public charity, church or school in the United States.
4. What services does the Foundation provide?
The Foundation staff provides all the planning to help you create your fund, including drafting the fund agreement that governs the terms and conditions of your gift. AL IRS reporting and fund accounting, as well as performing the required due diligence on your requested grants, is provided. If desired, we can also provide you with information on area non-profits, causes, and issues that you want to learn more about. All of these services are covered by the Foundation's basic administrative fees.
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