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Frequently Asked Questions

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For Donors

What is the Ashland County Community Foundation (ACCF)? What is the Ashland County Community Foundation (ACCF)?

The Ashland County Community Foundation is a charitable organization created by and for the community to connect people who care with causes that matter..for the generations to come. Our goal is to improve the quality of life in Ashland County. Our role is to serve as the vehicle through which donors achieve their charitable desires. Read more...

Why would I want to give to the Foundation? Why would I want to give to the Foundation?

People give through the Foundation, not to it. Many reasons exist for giving. For example, your gift is fully tax-deductible. Your gift will continue to give long after you are gone. Your gift will benefit the organization or purpose you specify. You can honor or memorialize a loved one. You can create a new fund or add to an existing one. All dollars are professionally invested and managed.

How can my gift last forever and benefit, as you say, "the generations to come"? How can my gift last forever and benefit, as you say, "the generations to come"?

Permanent, donor-designated funds are created not to invade principal. Only dollars available are distributed to the donors' designated income recipients.

Can I honor or memorialize someone through the Foundation? Can I honor or memorialize someone through the Foundation?

Certainly. In addition to scholarships, anyone at any time may make a gift in a loved one's honor or memory. In fact, we receive hundreds of honorary and memorial gifts each year - for birthdays, Christmas, Mother's Day, remembrances at funerals, and so forth. The gift may be of any size and is acknowledged to the individual being honored or to the family of the person being memorialized.

How are dollars managed and/or invested? How are dollars managed and/or invested?

The dollars of the Foundation's hundreds of individual, named funds are pooled for investment purposes - to maximize returns and reduce costs. ACCF's Finance Committee and professional advisors make investment decisions and manage the dollars based on the Board approved Investment Policy.

How do I create a fund? How do I create a fund?

ACCF staff will help you assess your charitable desires and determine the type of fund to best meet your desires. A $10,000 contribution and signed Instrument of Transfer document will officially establish a new fund at the Foundation. (All donors are welcome to take advantage of our five year pledge period.) With all funds, the donor determines the name of the fund, the charitable organization(s) to receive the distributions, and scholarship eligibility and selection criteria if appropriate. Changes may be made to the fund during the donor's lifetime.

How do I know the distribution and investment activity of my fund? How do I know the distribution and investment activity of my fund?

All donors with named funds are sent annually a statement detailing all gifts made to the fund, all investment activity, all grants/scholarships distributed and all administrative expenses paid during the fiscal year. ACCF also informs donors when scholarships/grants are distributed from their funds and forwards any and all correspondence from recipients to the donors. ACCF also holds several events each year - one being an Annual Update - to inform donors of ACCF activity during the year.

What types of funds are available? What types of funds are available?

Several types of funds are available. Click here to see further descriptions and sample forms. A snapshot of our main funds is as follows:

  • Agency Fund: A nonprofit organization establishes this fund in which it receives a quarterly distribution (based on Board approved spending policy) for use as the organization desires - generally operating support.
  • Donor Advised Fund: The donor advises annually as to the charity or charities to receive the fund's annual distribution. (Distribution based on Board approved spending policy.)
  • Donor Designated Fund: The donor names a charity or charities to receive the fund's annual distribution. Two such funds are the Women's Fund and Kids Who Care. (Distribution based on Board approved spending policy but not to invade principal.)
  • Donor Designated Fund for Community Grants: Same as Donor Designated Funds but for specific community grants.
  • Scholarship Fund: The donor determines eligibility, selection and payment formula criteria from which ACCF administers the scholarship each year.

What are the expenses in creating and maintaining a fund? What are the expenses in creating and maintaining a fund?

There are no charges due ACCF in the creation of (or consideration of creating) a fund. The only expenses incurred in having a named fund is an annual administrative fee (paid quarterly). This fee, however, is always deducted from the fund; additional dollars are never required from the donor. ACCF's fee structure is as follows: Agency Funds, .5 of 1% of the fund's year-end balance; Donor Designated and Donor Advised Funds: 1% of the fund's year-end balance; Scholarship Funds, 1.5% of the fund's year-end balance.

Must everyone make a "large" gift? Do you accept pledges? Must everyone make a "large" gift? Do you accept pledges?

Anyone at any time may donate any dollar amount to the Foundation. Gifts of all sizes are greatly appreciated and will support our community long into the future. For gifts of $1,000 or more, a five-year pledge period is available and tailored to the donor's selected payment schedule.

Must a sole donor establish the fund? Must a sole donor establish the fund?

No. A fund can be created with gifts from several or many people. A lead contact person must be designated, however. Many funds we currently hold were created by "Friends of..." or "Family of..."

What "recipient" programs do you have? What "recipient" programs do you have?

ACCF has the following programs from which dollars are available to non-profit organizations, teachers and students:

Two additional programs to support youth in education and philanthropy also exist: Charles F. Kettering Honors Science Camp and Kids Who Care.

For Recipients

What is the Ashland County Community Foundation (ACCF)? What is the Ashland County Community Foundation (ACCF)?

The Ashland County Community Foundation is a charitable organization created by and for the community to connect people who care with causes that matter..for the generations to come. Our goal is to improve the quality of life in Ashland County. Our role is to serve as the vehicle through which donors achieve their charitable desires. Read more...

What "recipient" programs do you have? What "recipient" programs do you have?

ACCF has the following programs from which dollars are available to non-profit organizations, teachers and students:

Two additional programs to support youth in education and philanthropy also exist: Charles F. Kettering Honors Science Camp and Kids Who Care.

How do I apply for grants? How do I apply for grants?

ACCF has three grant programs. View the appropriate grant pages to determine the grant program for which you are eligible to apply. All applications are available on the Website. Feel free to call or email the ACCF office to discuss your potential proposal.

How do I apply for scholarships? How do I apply for scholarships?

ACCF has an extensive scholarship program. All scholarships are created by donors and have varying eligibility and selection criteria. See our scholarship listing page for complete information.

How do I apply for loans? How do I apply for loans?

The Hess Educational Loan Funds are available to qualified students who need financial assistance to help pay tuition costs at a college of their choice. View the Hess Educational Loan page for eligibility and guidelines.


What Does ACCF Do?

Encourages Philanthropy

As a Donor Agent
Assures that a donor's wishes are carried out.

As a Grant Provider
Administers funds to those with needs.

As a Community Player
Is fully engaged in Ashland County's future.