Field of Interest Funds
Field of Interest funds allow you to work with The Columbus Foundation to find nonprofit organizations that are doing the best work in the philanthropic interest area in which you are interested. This fund allows
individuals,
families, or
businesses to identify and support a broad charitable purpose or category of interest, such as the arts, education, or the environment, or a particular geographic area.
With a Field of Interest Fund you can count on The Columbus Foundation’s Community Research and Grants Management team to identify organizations that are best suited to making the greatest impact in the specific issue area or region of importance to you.
A Field of Interest Fund may be opened with an initial gift of $10,000 or more. You may make this gift in cash, securities or other assets. Your gift qualifies for an immediate tax deduction and you will get quarterly fund journals that will outline any gifts that you made to your fund, any interest earned, any fees assigned and any grants made. You also get to name your fund, often it is named after the donor or after the area of interest.
Once you have established a fund, you will be able to choose an investment agent from our list of 29 investment options. Each of our investment agents invests more than $1million of our assets and has been approved by our investment committee.
There are two fees associated with each of our funds: one is our administrative fee which is based on the type of fund and the fund balance; and the other is the investment agent fee.
To hear more about how our donors have utilized The Columbus Foundation by opening a field of interest fund, check out their stories.
To learn more, contact a member of our Donor Services team at 614/251-4000 or by e-mail. Or, if you are interested in becoming a donor, please complete this brief Become a Donor form and a Donor Services officer will respond within the next business day.