Donor Tools

Types of Funds

The Madison County Community Foundaton is comprised of six different types of funds:

Unrestricted Funds - given by donors to provide flexibility to the Foundation for addressing the community's most pressing needs

Field of Interest Funds - directed to a particular broad field such as the arts, children's services, etc.

Designated Funds - created by individuals for specific charity or by an organization itself. These funds then provide an ongoing source of income for the designated organization.

Donor-Advised Funds - make it possible for donor to actively participate in grant making by recommending the charitable organization(s) to receive support.

Scholarship Funds - used to support education at any level, from preschool to graduate school. The awards can also be directed to a particular field of study or a particular institution.

Special Project Funds - non-permanent funds held by the Foundation for a variety of community projects

To see a  complete list of existing funds for each type, click on the name of the Fund type above.



Stephen Hamer Memorial Fund embodies generosity, kindness, and selfless devotion

Founded by friends, family and loved ones to preserve the memory of Stephen Hamer, the Stephen Hamer Memorial Fund was established to recognize those graduating seniors in Madison County who have demonstrated a commitment to serve their community and embody the generosity, kindness, and selfless devotion that defined my brother’s life. -Scott Hamer

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EventsView More


ARC Grant Recipients Announced

Date: April 4, 2017

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Spring Grant Applications Due Online

Date: April 14, 2017

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