Fort Scott Area Community Foundation (FSACF) Funds

We help individuals donate to charitable causes in their community. Using tax-advantaged methods, donors are able to specify the use of their funds or allow the Community Foundation to make that determination.

The Fort Scott Area Community Foundation was founded in 2007 by a group of citizens interested in encouraging philanthropy and in strengthening our community. FSACF works with individuals, families, corporations and not-for-profit organizations to carry out their charitable objectives and to address community needs. It is one of more than 750 community foundations in the country and is a member of the Kansas Association of Community Foundations. FSACF is an affiliate of the Community Foundation of Southeast Kansas.

Types of Funds

Donor-Advised Funds. You direct the use of your funds for charitable purposes with the help of our professional staff.

Unrestricted Funds. Your gift can address ever-changing community needs—including future needs that often cannot be anticipated at the time your gift is made. Your fund can support all aspects of community well-being—arts and culture, economic development, education, environment, health and human services, neighborhood revitalization, and more. The flexibility of your unrestricted gift enables you to respond to the community’s most pressing needs, today and tomorrow.

Field of Interest Funds. You target your gift to address needs in an important area of community life. Arts. Aging. At-risk youth. You identify your personal interest area when making your gift.

Scholarships. You invest in education, all with the guidance of your community foundation. You determine the criteria students must meet to receive the scholarship you establish. Students are selected through an objective and non-discriminatory, competitive selection process.

Designated Funds. You direct your gift to a specific nonprofit organization or purpose. Help provide ongoing funding for a senior center, museum, or virtually any nonprofit charitable organization.

Organizational Funds. This type of fund is established by non-profit charitable organizations to help manage assets and/or special project funds.

Most of our funds can be created as either endowed (invested for long-term growth, so it can exist for generations, with a portion of the earnings available for grants each year) or non-endowed (where the fund balance can be granted).

  • Endowed – An endowed, or permanent fund, allows the donor to support their charitable interests in perpetuity. The initial gift is invested and a portion of the gift is available each year for the donor to distribute to their charities of choice, while the rest remains invested. Over time, the donation grows and the grants to charity will far exceed the amount of the donor’s original gift.
  • Non-endowed – A pass-through fund is a non-permanent fund that is not invested. If additional funds aren’t added to the fund, over time, grants made from the fund will bring the fund to a $0 balance. The donor decides what charity/charities will be the recipient of his/her money.
  • Both Endowed and Non-endowed funds allow tax benefits for the donor.

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© 2020 Fort Scott Area Community  Foundation 501(c)(3) Not-For-Profit Organization.
All Rights Reserved
P.O. Box 901, Fort Scott, KS 66701