Kern Community Foundation offers a variety of funds for individuals, families, businesses, and community organizations
We offer a variety of funds for individuals, families, businesses, and community organizations, and can help you choose the fund that best accomplishes your goals for giving. Setting up a fund with us is quick and convenient. Most funds can be set up in one brief meeting. We take care of the legal and accounting requirements and give you quarterly updates.
Donor-Advised Fund
To provide flexible giving for those who want to be actively involved.
Designated Fund
To support a specific named organization.
Field of Interest Fund
To support a broad interest area.
Organizational Endowment Fund
To provide perpetual annual income for a nonprofit.
Scholarship
To assist students in a particular field of study, high school, university or from a geographic area.
Unrestricted Fund
To meet the community’s greatest needs, no matter how they change over time.
Endow for tomorrow? or Give for today?
Many Kern Community Foundation funds may be endowed. Or not.
If endowed, your original gift becomes the corpus, or principal, of the fund and cannot be spent. This principal will generate earnings, which will become available for grants. Over several decades, an endowed fund’s principal can significantly grow….while supplying grants every year. Endowed funds are a good way for your philanthropy to last forever.
If not endowed, your original gift is available for grants right away. Non-endowed funds are a good way to put your grant to immediate use.
If you are interested in learning more, please contact our Donor Services at 661.616.2617 or donorservices@kernfoundation.org.