Field of Interest Fund
Open a Field of Interest Fund
The first step in opening a field of interest fund is submitting a completed fund agreement/instrument of gift. Scroll down to learn more about field of interest funds or call us at (562) 435-9033 and let’s discuss opening a fund.
Learn More about Field of Interest Funds
Field of Interest Overview
Field of interest funds allow donors to specify a broad category for funding and direct their gifts to a charitable area of interest.
Benefits and Services
- Grant administration and processing by the Long Beach Community Foundation (LBCF) allows for easy grantmaking.
- Knowledgeable staff with in-depth grantmaking and giving expertise.
- Highly personalized and flexible service tailored to fund holder's charitable and financial interests.
- The tax benefit is realized immediately after a contribution is made.
- Fund holder has access to an easy and secure online portal to view fund activity 24/7.
- Fund holders can select an array of investment options that are managed as part of a larger $5 billion portfolio, bringing economies of scale
investment results. - Protective fund oversight is provided by LBCF on a local and national level.
- Option to receive a list of nonprofit grantees in a certain area of interest.
- Invitations to exclusive LBCF events with other donors and fundholders.
- Monthly statements show all investments, donations, and scholarship activity.
- Fees charged support philanthropic grants and programs in the Long Beach Community.
- Available option to raise funds through the LBCF website.
Why Open a Field of Interest Fund at LBCF?
- No legal liability. LBCF remains in full compliance with state and federal regulations as they relate to grants and contributions.
- Issue grants in the fund’s name or anonymously.
- Utilize this type of fund in estate planning to establish a giving legacy.
- Be actively or passively involved in directing how the funds are used.
- LBCF makes a conscious effort to work with Long Beach-based organizations.
- LBCF is National Standards Accredited which indicates a commitment to excellence and accountability. This is the highest standard for philanthropic excellence.
Complete Fund Agreement
Submit a completed fund agreement or request a fund agreement for electronic signature at info@longbeachcf.org.