The Eau Claire Community Foundation holds more than 250 funds ranging in size from $10,000 to more than $1 million. Each fund is as unique as the donor who creates it. The Foundation invests these funds in one of our three investment pools. Annually, a portion of each fund is used for making grants according to the wishes of the donors.
All fund types can begin as Acorn Funds, which are seed funds that build in size until they can begin distributing grants. Donors can invest as little as $500 up front and build the fund with tax deductible donations for approximately 5 years. Once the Acorn Fund has increased enough to begin granting, it's considered “fully funded,” though it can still accept donations.
Interested in creating your own Fund? You can go to the Start Your Own Fund page to learn more!
Fees support fund and grant management, investment oversight, an annual independent audit, and the general operations of the Foundation. Administrative fees for operations vary depending on the type of fund. For more information regarding fee structure, please write to email@example.com or call (715) 552-3801..