Designated Fund

Open a Designated Fund

The first step in opening a designated fund is submitting a completed fund agreement/instrument of gift. Scroll down to learn more about designated funds or call us at (562) 435-9033 and let’s discuss opening a fund.

Designated funds support specified organization(s). Donors specify which organizations will receive the available grants each year. Grant recipients remain the same each year.

  1. Protective oversight of your fund provided by LBCF on a local and national level.
  2. Highly personalized and flexible service tailored to your charitable and financial interests.
  3. Grant administration and processing by LBCF allows for easy and hassle-free grantmaking.
  4. The tax benefit is realized by the donor immediately after a contribution is made.
  5. An easy and secure online portal so you can view your fund balance 24/7.
  6. An array of investment options that are carefully selected and managed as part of a $3 billion portfolio, bringing you economies of scale investment results.
  7. Fees charged support philanthropic grants and programs in the Long Beach Community.
  8. Available option to raise funds through the LBCF website.
  9. Knowledgeable staff with in-depth grantmaking and giving expertise.
  10. Quarterly statements show all investment, donation, and grant activity.
  11. Comparable rates and fees to other community foundations.

  1. No legal liability. The Community Foundation remains in full compliance with state and federal regulations as they relate to grants and contributions.
  2. Name your fund and LBCF staff issues grants in your fund’s name on a schedule that you define at inception.
  3. Utilize this type of fund in your estate plan and leave your legacy.
  4. LBCF makes a conscious effort to work with Long Beach-based organizations.

Complete Fund Agreement

Submit a completed fund agreement or request a fund agreement for electronic signature at

Contact Us

Thank you for your interest in a field of interest fund held at the Long Beach Community Foundation. If you are ready to open a fund or need more information, fill out the form below and we’ll get back to you.

    If you're working with a financial advisor, please provide their name and firm.