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|Community Foundation Administrative Endowment Fund||The income from the Administrative Endowment Fund supports the administrative activities of the Foundation. The fund has grown considerably since its creation in 1989. Currently, 30% of our administrative expenses are covered by the fund. This enables our organization to maintain modest levels of fees which benefit the charitable funds under our management.|
|Combination of Charitable Purposes Funds|
|Community Foundation General Fund||The General Fund is a reserve fund that helps to supplement the Foundation's grantmaking and scholarship activities. Each year, many discretionary grants and several scholarships are distributed from the fund. Established shortly after the Community Foundation was founded in 1948, this fund continues to provide needed support to the community.|
|Discretionary Grantmaking Funds|
|Community Foundation Permanent Endowment Fund||The income from the Permanent Endowment Fund is awarded to local non-profit organizations. This fund was created in 1984 to receive all unrestricted gifts to the Foundation. Through the years, more than $1 million dollars has been distributed from the fund for charitable purposes.|
|Field of Interest Funds|
|Community Foundation Memorial Endowment Fund||The Memorial Fund was created in 1990 by the Community Foundation Board of Directors for the purpose of providing a vehicle for receiving memorials and honorariums. The income from the fund is directed to non-profit organizations serving the health-related needs of area citizens. Each year, the fund distributes several thousand dollars for such purposes.|
|Fox Valley Grantmakers COVID-19 Response Fund||Local funders have come together to establish the Fox Valley Grantmakers COVID-19 Response Fund at the Community Foundation of the Fox River Valley to support nonprofits in the greater Fox Valley.
We are happy to announce that the Aurora Women’s Empowerment Foundation (AWEF), Community Foundation of the Fox River Valley (CFFRV), Dunham Fund, (DF), Fox Valley United Way (FVUW), and the INC Board have seeded this fund with $280,000.
|Scholarship Program Funds|
|Community Foundation Alumni Scholarship Endowment Fund||The Community Foundation has administered a scholarship program since 1949. Since that time, millions of dollars have been distributed to Fox River Valley Area students in support of their educational futures. In 1986, the Foundation established a new scholarship fund in honor of all former scholarship recipients. The Community Foundation Alumni Scholarship Endowment Fund is supported primarily through gifts received from former Community Foundation Scholars.|