Start a New Fund

Starting a fund at Madison Community Foundation is easy and effective!

MCF offers a variety of options to meet your short- and long-term charitable giving goals. Most funds can be created with a minimum gift of $15,000, unless otherwise noted.

Dr. A.D. Anderson, pictured at his great granddaughter's graduation from the Children's Dyslexia Center-Madison's learning program, started a donor-advised fund with his wife, Phyllis, to support this and other charitable causes in perpetuity. Erin Moore Photography

Key Benefits of Starting a Fund:

  • Your giving starts today; your fund lasts forever

  • Receive maximum tax benefits

  • Eliminate administrative overhead associated with a private or family foundation

  • Work with professional, knowledge staff to help you do your giving, your way

  • Secure online access to make your gifts and monitor your fund activity

  • Sound investment practices

  • Donors determine level of recognition

Type of Funds

Advised Funds

Advised Funds enable you to make gifts to charities of your choice. They are a cost-effective, efficient alternative to a private or family foundation. Choose from endowed, quasi-endowed or non-endowed (spendable) funds.

Learn more about Advised Funds

Community Impact Funds

Community Impact Funds support MCF's competitive grantmaking to nonprofits in the Madison area.

Learn more about Community Impact Funds

Donor Designated Funds

A Donor Designated Fund provides a permanent stream of income to specific charitable organization's in perpetuity.

Learn more about Donor Designated Funds

Other Types of Funds

Acorn Funds

These funds offer individuals the option to build a permanent endowment over time by pledging a minimum annual contribution of $1,500. 

Field of Interest Funds

These funds allow individuals to direct their giving to either a broad charitable cause or to a more narrow issue. Funds can be started with a minimum contribution of $100,000.

Scholarship Funds

These funds allow individuals to give to specific educational institutions, faith-based organizations and nonprofits. Funds can be started with a minimum contribution of $25,000.

You can start and contribute to your fund with wide variety of assets, including non-cash gifts. MCF can facilitate gifts now, gifts throughout your lifetime, as well as gifts through your will or estate plan. Learn more about Ways to Give.

We looked at several options for our endowments and Madison Community Foundation was the one that provided the best support. The availability of their staff and resources to enhance our strategic goals far surpassed the other groups, and we knew our investment was going to managed in a professional and ethical manner.”

- Donor Bill Lunney