The Community Foundation has
endowment funds specifically to support "fields
of interest," such as the arts, civic engagement,
education, environment, and health and human services.
Each one is for donors who care about one of those fields
of interest, but don't want to be involved year after
year in how the money is distributed (a Donor
Advised Endowment Fund) and don't have a particular
charity that they want to designate as a beneficiary (a
gift to an Agency
Endowment).
Each year, any money available from the interest earnings
on the Field of Interest Funds is made available to the
grant committee to award in a competitive process, based
on the best programs and projects applying. These funds
are flexible to meet emerging needs and opportunities
in each area.