The McKean County Community Foundation is a nonprofit public charity that exists to serve the philanthropic wishes of area donors, allowing them to easily and effectively support the causes they care about. Each fund held at the McKean County Community Foundation has its own unique story.
Below you will find a list of all funds currently supported by the Foundation.
Looking Forward to Serving Donors and Their Donor Advised Funds Soon!
Groups and individuals have been meeting and exploring how to establish a fund at the McKean County Community Foundation. Many donors from the area have started a fund in honor of someone, in memory of a loved one, or in tribute to a family name or organization.
When you are ready, we’ll help you create something special by connecting you with causes that matter to you.
A scholarship fund can be created to accomplish specific education objectives. It can be designated for any level of education, from preschool to postgraduate work. Donors may designate a particular field of study, select eligibility requirements and define a fund’s advisory committee.
Non-profit organizations create permanent endowment funds that provide annual income to the organization.
An unrestricted fund is your broadest option. These general funds allow the Foundation the flexibility to address your community’s changing needs through strategic grant making each year. Rather than designating how the money will be spent, you allow the Foundation to determine the most effective ways to meet our community’s most compelling opportunities and most pressing needs.
A designated fund allows you to name a particular charity or charities, or field of interest to benefit from your fund in perpetuity. The Foundation provides oversight to ensure that the gift is used exactly as you intended. Finally, you have the assurance that, should the designated charity cease to exist, the Foundation’s Board will preserve your intent by redirecting the fund toward the closest similar use.
Donors who want to be actively involved with their philanthropy may make grant recommendations to the Board of Directors, which retains final responsibility for all distributions.