Tipton County Foundation

Menu

...or Donor-Advised Funds

Although anyone may contribute, with this type of Fund, typically only the founding donors and their family and friends do so. Awards are made by the Foundation according to the founding donor’s charitable intentions on either an annual (Donor -Advised) or a permanent (Donor-Designated) basis. 

Tipton County Youth Development Fund • Established by Pioneer Hi-Bred Employees for Youth Projects. [514]

 Holman Family Trust • Benefiting the West Street Christian Church. [516]

 Van Nuys Family Endowment • Support for the Tipton County Historical Society Building Fund. [520] (See also the Agency Funds for the Historical Society)

 Robert C. and Phyllis M. Orr Fund • Supports Certain Charities and Causes. [539]

 Hilton H. Hobbs/Tipton Hospital Fund • Health Care Initiatives and Hospital Support. [508]

 Lowell and Mary Luella Miller Trust • Benefiting West Street Christian Church, Kemp Methodist Church, Tipton County Memorial Hospital, and the Tipton County Foundation. [509]

 Lebo Trust Endowment • Semi-Annual Support for Tipton County Memorial Hospital. [537]

Each year, the Foundation applies some of the earnings from its investments to the various individual Funds that have been established at TCF since its founding in 1986. Primarily, this is “operating money.” Each Fund can use these earnings for the grants it makes to fulfill its intended purposes. Most of the Funds at TCF are “Endowed,” made up of donations that can never be spent. These endowments receive an extra payout from the Foundation’s earnings to help them accumulate and not lose value to inflation over time.

In the list above, a Fund with the designation, “NE” is Not Endowed. This means that the full amount of the contributions made could eventually be withdrawn for the intended purpose. This is useful for a building fund, for example, or for short-term projects. At the end of each listing, the bracketed [number] is the reference number the Foundation uses in accounting for that Fund.

Use the Links below to check the lists of other types of Funds...

Related Pages on Our Site

Last modified: Friday, August 28, 2009